Human Resources  Consultancy

The following are core fields around which most human resource consultancies are based:

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Employee Engagement

 

Measure employee engagement levels through surveys and interviews, define and improve  performance in employee engagement and retention. While this area of HR consulting is  necessarily broad, encapsulating total rewards strategy, employee performance management, leadership transformation, and organization structure design, most companies do have very specialized independent practices.

 

 

Compensation

 

Design and manage compensation programs related to basic salary, bonuses, and stock  plans.

 

Evaluation of positions and building of salary structures, bonus plans and stock plans for  clients are common. Specializations are often based on employee types (e.g. Executive  compensation consultants and sales compensation consultants)

 

 

Employee Benefits

 

Optimize benefit plan design and administration (inclusive of health-related benefits) by  assessing competitiveness and effectiveness of benefit plans (analytics and design), and  cost -effectiveness and quality of vendors (brokerage).

 

 

Actuarial and Retirement

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Provide actuarial and administration services to manage cost and effectiveness of retirement programs, including defined benefit and defined contribution plans.

 

 

Mergers and Acquisitions

 

Conduct human capital due diligence, coordinate and administer cross-functional activities during execution, including payroll and HR technology. Align organizational cultures and work styles during post-merger integration.

 

 

Talent Mobility

 

Provides the insight and execution for full international expatriates (usually for executives)  or local plus (partial-package expatriates), from pre-move informative guide, to post move expat management program. Other services may also include legal counseling,  global initiatives, investments consulting, and the implementation of human resource technologies to facilitate human capital management.

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Consultancy fee will depend on the type of consultancy availed.