HR Consulting
What is HR Consulting?
HR consulting is a practice where consultants provide one or more types of HR-related services to businesses. These services include recruitment, training, employee relations, performance management, and compliance. HR consultancy works by providing specialized support to help organizations manage their human resources functions. The consultants may enhance the organization’s current HR capabilities, improve employee satisfaction, or drive success.
To become an HR consultant, one needs a bachelor’s degree in business, human resources, or in a related field. They identify inefficiencies in the organization’s HR processes and develop HR strategies. They also provide expert advice on HR policies and practices.
What are the various HR Consulting Services?
HR consulting services refer to the service and expertise provided by HR consultants to organizations requiring assistance in multiple HR-related functions and practices. HR consulting services consist of:
- Talent acquisition consulting
- Recruitment consulting
- Training and development consulting
- Payroll consulting
- Performance management consulting
- Compensation and benefits consulting
- Employee relations consulting
- HR policies and compliance consulting
HR consultants set fees as per the estimated number of hours or work required by the organization. They also take into account the market value of their services. An HR consultant usually charges anywhere from Rs.500 to 1000 per hour.
How to become an HR consultant?
HR consultants are needed by organizations that require specialized expertise and experience to optimize their HR functions and practices. These consultants contribute to the success of multiple businesses and make an impact on employee well-being.
To become an HR consultant, one would need a degree in business, human resources, or in a related field. There is no need for a PG degree to become an HR consultant. There are a few HR certifications that can help enhance the credibility of the HR consultant. For example, the SHRM-SCP and SHRM-CP are highly recognized. Various courses by the HR Certification Institute are useful as well. CIPD Level 7 Advanced Diploma offered by CIPD is also highly regarded for specialization in strategic HRM and consultancy. These HR certifications are offered both in-person and online, depending on the requirement. Look for certifications from well-established organizations like HRCI, CIPD, ATD, and SHRM.
HR consultants work in staffing agencies, contractors, and consulting firms. Some common job roles offered in these firms include HR Advisor, HR Strategy Consultant, Recruitment Consultant, and others depending on the consultant’s experience, specialization, and expertise. A few examples of top HR consulting firms in India are – Deloitte, Mercer, PeopleStrong, etc.
What are HR consultancy related tools?
HR tools are platforms that streamline and improve various HR processes. They automate HR-related tasks, analyze data, and generate valuable insights. HR consultants use HR tools to deliver more data-driven services and improve overall HR efficiency. They also enhance employee experience and save time. This is why Human Resource Consultants use software. Some of the most liked HR tools of consultants are:
- Keka HR
- Zoho
- BambooHR
- Sage HRMS
- Darwinbox
- Pocket HRMS
- SumHR
- GreytHR
HR Consultant vs HR Manager
HR consultants are external experts hired by organizations to deliver assistance with HR-related functions. HR managers, on the other hand, are responsible for managing various HR functions within an organization. The main difference between HR consultants and HR managers is that HR consultants are hired by external parties on a project basis to address specific areas. HR managers are internal employees who manage day-to-day operations and have a broader focus.
HR Advisory vs HR Consultant
An HR Advisory is a professional who provides strategic advice and support in various human resources areas. HR consultants are professionals hired to assist and provide expertise for various areas such as policies, recruitment, training, performance management, etc. The difference between the two is that HR Advisory provides strategic support in HR, while HR consultants offer specialized expertise to various HR challenges.