How To Choose Best HR Consulting Agency- Answers By Intelitix For Small Business
HUMAN RESOURCE CONSULTING industry has emerged from management consulting, which now HR management decisions and tasks. HR consulting services is responsible for assisting clients by integrating effective HR programs, processes and practices in to daily operations.
Most of the small business entrepreneur knows the frustration of spending more time on non-revenue generating activities. By outsourcing HR consulting services, you can spend up to 40% of your precious day engaged in these time taking tasks.
1. What do you mean by H R Consulting services?
HR Consulting could be anything from streamlining a particular TALENT MANAGEMENT process (e.g. employee development, employee engagement etc) for a client to actually handling multiple interventions to improve productivity/effectiveness. Examples of some HR consulting assignments from an SME perspective:
- Setting up an HR process
- Recruitment process
- Development of Competency models
- Employee development
- Performance management
- Rewards and Recognition
- Assessments (Selection / Development)
- Employee surveys (Onboarding / Engagement / Satisfaction / Exit)
- Identification of Hi Potentials
2. What is the cost of H R Consulting services?
The cost of an HR consulting services entirely depends on:
- The nature of consulting service
- Stakeholders (Number of stakeholders / level of stake holders)
- Duration of engagement
- Complexity of the project
- Expected outcomes
Essentially Consulting assignment commercials are either
- By a project fee (For example a consulting assignment to help a growing company streamline their Recruitment or Identify HiPo employees)
- Consultant manday fee (A lot of times, cost is based on the per manday cost of the consultant involved so it is typically: Cost per manday X No of mandays)
3. Which is a good option, In-house HR Consulting or Outsourcing the same ?
It depends on the need and complexity of the project. By outsourcing HR CONSULTING services, you get:
- Expertise knowledge, unbiased view and clear outcome based deliverable
- Help with updated compliance, regulations and laws
- Saving on overheads
- Business as usual
- Avoid errors and penalties
4. What are the Benefits of HR Consulting services?
Whether you are looking to save money, avoid extra expenses, add new practices and functions to your business or something else entirely outsourcing HR consulting services will help you with HR SOLUTIONS that you need. The benefits that the company will enjoy are:
- Companies can implement best practices
- Huge cost savings
- Process excellence
- Companies can work with experts
- Faster turnaround time
- Unbiased views/opinions
- Project based engagement (Companies don’t need to spend on a full-time resource if something can be outsourced to a good HR consultants
5. What to look for when selecting an agency which is into HR Consulting services?
A good HR consulting agency can add value to your HR practices and recruitment process by introducing strong candidates. A poor choice of HR consulting firm can even damage the brand and the business. While shortlisting the agency, refer below tips to get the best fit for your HR FUNCTIONS.
- HR Consulting companies generally depend on the expertise of their consultants, so first and foremost, profile of consultant/s
- Experience in the particular assignment
- Clarity in outcomes
About Intelitix Solutions
INTELITIX is a new age Talent measurement, Analytics and Development Company. The company’s business charter is to help organizations leverage on their most strategic resource, their ‘workforce’.
Satish Salivati is a Director at Intelitix. He is an internationally certified competency modeling consultant and a certified HR metrics and Analytics professional. He has cross functional expertise in business development, project management and service delivery and has worked with varied clients in India and abroad as well.
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