Understanding Human Resource Consultancy Services

The human resource consulting services have grown in leaps and bounds across the globe and today is an established industry in itself. Today, the industry has emerged as a huge management consultancy services and is responsible for addressing human resource management tasks and decisions.

HR Consultancy 1

Individuals involved in the task of human resource consultancy and management services are referred to as HR consultants or managers.

Some of the core fields that HR consultancy services cater to are explained in the subsequent paragraphs.

#1. Talent acquisition

Talent acquisition is the foremost activity that almost every HR Consultancy is involved in. Whether working as a third party recruitment firm or any other way, hiring and recruiting new job candidates in organizations is the first task of an HR consultancy.

#2. Employee engagement

Several HR consultancies are involved in the task of measuring employee engagement through conducting surveys and much interviews. These kind of activities go a long way in engaging employees within an organization for a longer period of time.

#3. Payroll and compensation

The next important aspect of a HR consultancy services would be managing the payroll and compensation services. Most HR managers are involved in designing compensation packages, payroll and other kinds of 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).

For those who enjoy working with individuals, companies and organizations to maximize employee potential and helping to solidify growth, human resources consulting offers a rewarding career path with great job advancement. As legal requirements evolve and companies are required to meet the ever-changing demands of professional ethics, human resources consultants will be valued for their ability to perform high-level support to human resources departments across the country.

In present times, the overall human resource domain has undergone a massive transformation owing to digitization and ushering in of the technology. Several new technologies have forayed into the HR domain and studies are being conducted almost every day.

Techniques like robotics, machine learning, HR analytics, artificial intelligence and other technological advancements have redefined HR functions and the process of recruitment.

Going forward, several other new inventions are expected to happen in the domain. And the process of recruitment would be substantially redefined.

 

 

 

 

Advertisements

Top 5 Characteristics of HiPo Employees

As companies look to develop the next generation of leaders, it’s important to spot the difference between high performers, and those with high potential. The ability to meet or exceed performance goals is great, but performance doesn’t necessarily determine a great leader.

High potential (HiPo) employees in any organization comprise typically 5-8% of the total employee base and they always stand out in every situation, especially the ones that challenging.

Who are HiPos?

According to CEB, three major features define a HiPO. These include aspiration, ability and engagement. In a nutshell, a HiPo is an employee who has the ability, aspiration and engagement to rise and succeed in senior and critical positions within an organization.

Happy teamwork

Characteristics of HiPo Employees

What are the characteristics that differentiate a HiPo from other employees? Here’s a look:

#1. Extremely proactive about their careers

HiPos are extremely proactive and are always on the lookout for new opportunities. They always seek ways and means to grab opportunities to be successful at work. They understand that acquiring new skills are a must in order to reach up to the next level.

#2. Always eager to learn

Instead of focusing on one particular area and specializing on it, HiPos choose to find ways to create values that can create an impact across the organization through their presence. Their adaptability to change, their ability to learn quickly and their willingness to develop others, often leads to new leadership roles and opportunities.

#3. Receptive to feedback and extremely adaptable

While high potential employees exhibit a lot of confidence, they are aware that they continuously need to sharpen the saw. They are not only receptive to feedback, but strive to use it toward self-improvement. The perceive feedback as a stepping stone to further their developments.

HiPos understand that adaptability is the key to survive in the workplace. They not only survive during times of uncertainty but also thrive by ensuring control over the situation.

#4. Committed to the organization

High potential employees are highly engaged, always want to do more and go that extra mile to see a future for themselves in the organization. They show commitment to the organization by being involved in identifying challenges, finding solutions, creating opportunities

#5. Assertive but humble

One of the best characteristic feature of a HiPo employees is that they are assertive as well as humble. They understand that assertiveness is the key that differentiates them, and ensures empathy and sense of purpose.

Author Bio: A digital media strategist and a content marketer, Sampurna is passionate about writing and blogging. Working as a full-time professional writer for more than five years now, she has been lending her expertise to the online world by penning articles and blog posts on jobs and careers, HR tips and the recruitment industry. She also enjoys reading and travelling.