Starting a business is one strategy to financial stability and freedom from working a traditional 9-5 job. However, being in charge of every aspect of a business can be an overwhelming and may result in compliance risk as well. Human Resources is one area that can be a huge burden on business owners. HR Professionals gain their knowledge and experience from years of training and education, it can be a bit daunting trying to tackle that hurdle alone. Hiring the right HR Consultant can help you grow your company in a manner that is profitable and aligned with state and federal compliance and regulations. HR Consultants can bring solid structure, order and professionalism to your business which can align resources to drive profits efficiently. A consultant may be used on a project or as needed basis creating additional value and cost savings over hiring a full or even part-time employee with limited HR knowledge. Below are a few areas HR can bring value to your business.
Litigation - A highly experienced HR Consultant can be the first line of defense before calling an attorney. They can provide feedback and options during decision making processes to mitigate claims of unfair employment practices. When employee relations matters present themselves, HR Consultants can assist you in investigating informal and formal complaints filed by employees. The advantage of outsourcing this process is it preserves the integrity of the investigation when conducted by an unbiased third party. Lastly, they can advise you on proactive measures to increase employee satisfaction to reduce future risks of liability surrounding employee issues.
Customized Training - Creating a training plan, and then creating the training content can take weeks of preparation. An HR Consultant will come with ready to administer training programs to keep your company compliant with state and federal regulations. In addition, training plans can be customized to the specific job or seniority of the employee. Employees value companies that invest in their job development. It’s a win-win for everyone!
Profitability - Human Capital is the most expensive function of a business. Managing this expense in a strategic manner will yield higher profits. Employees that are engaged and feel their contributions are valued will likely have higher job satisfaction and in turn drive productivity and success. Ensuring employees are trained properly and have the resources needed to complete their tasks will feel supported and pose less costly employee relations issues. An experienced HR Consulting company can help you structure and manage your human capital in a fashion that promotes productivity and drives employee engagement.
Talent Acquisition - A crucial service HR Consultants provide is finding the right person for the job! It's costly and time consuming getting rid of a bad apple or investing in unexpected additional training for new hires. HR Professionals have the knowledge and resources to source, screen and hire the right fit for your company according to appropriate metrics and key performance indicators.
Would you like to hear more about what Platinum HR Consulting Group can do for your business? Schedule a complimentary call today: 657-888-3648, lisa@platinumhrcg.com
