As an entrepreneur, you founded your business because you are passionate about the product or service you provide the world. However, on the road to success, you probably found that your time spent pursuing your passion is crowded with other common business needs – such as marketing, accounting and – the big one once you hire your first employee – human resources.
While it may be overwhelming to think of tackling all aspects of your business, while still trying to achieve your dreams, the good news is that you don’t have to worry about everything on your own. A good professional HR consultancy can handle your HR needs, helping to keep you compliant and on top of the ever-changing world of HR, while freeing you to focus on the many other aspects of running a small business.
But finding the right consultancy to act as your company’s “adviser” is a big step. Before you put your trust in an HR solution, perform a due diligence check on the company you are considering.
1) Be sure the pricing makes sense
In the HR consultancy market, a price that looks too good to be true probably is. A consultancy that advertises unrealistically low initial rates may increase its costs dramatically within a very short period of time. Ask yourself – and them. Keep in mind that you don’t want to just look at the price you are paying but at the value of the service. Weigh the cost of partnering with the consultancy against how much it would cost you – in money, time and possibly disastrous HR mistakes – to try to perform HR tasks internally. When it comes to HR consultancy, the cheapest option frequently isn’t the best one.
2) Look for a quality provider
Your business needs a consultancy that understands what you and your business are all about. They need to have a pedigree in supporting businesses and able to make a really positive contribution to your business. Check out what their past and existing clients say about them. Any consultancy worth their salt will happily provide you with references. Call these references and ask them questions about their experience working with the consultancy. Are they trustworthy? Knowledgeable? Is the value they’ve received worth the investment? Will they be able to service your business long-term as you grow?
3) Opt for a consultancy with cloud-based products and services
Cloud-based HR services and other cutting-edge technology offerings are vital to keeping you and your workforce productive. Look for a consultancy that invests in offering software that help you easily and efficiently manage your basic HR needs from anywhere, at any time.
4) Make sure your consultancy is accredited to a recognised
Not all consultancies are created equal and you need a financially sound and suitably qualified partner whom you can trust. If they can demonstrate professional membership of the Chartered Institute of Personnel & Development, then they can show that they meet the rigorous requirements and professional standards for good practice in HR.
By being Fellows of the Chartered Institute, it means that they have demonstrated their ability to create a real impact in the workplace, and make a difference to an organisation’s strategy and its people. Above all, it emphasises a commitment to their continuing professional development and desire to stay current.
When you are ready to start researching ways to meet your HR consultancy, then give us a call on 01473 360160.