How Much Does an HR Assessment Cost?
There are some questions out there I can answer on the spot. For instance, Why are light bulbs to blame for your terrible sleep habits? Well, it could be that your suprachiasmatic nucleus is no longer able to differentiate between daytime and nighttime, so it doesn’t know when you should sleep. (This is a real thing!) Another one I know: Who has the cutest dogs in the world? Literally the easiest question ever – that would be me, of course! Others, though, are a little more difficult.
This is true for the question surrounding what an HR Audit or Assessment would cost your organization because it depends on multiple factors. Some clients like having a presentation completed for their teams following the initial presentation to the key stakeholders. Others like having additional interviews or focus groups to gain a deeper understanding of what their workforce is thinking. With that said, it is difficult to know what the cost of conducting an HR Assessment without better understanding what your organization hopes to accomplish with this initiative.
With that said, an HR Assessment reviews your organization’s compliance with employment regulations; and makes recommendations for mitigating liability issues and best practices in several key areas. What I can do is answer several of our most common “cost” questions to get us started.
- What will it cost me in terms of man-hours? While we perform the entirety of the assessment, in order to make sure you get everything you want and need, the Helios team needs to fully understand your organization. We will ask questions about your culture, your organization’s competitors, and more in order to make sure we can provide the most accurate recommendations possible. The initial onset of the engagement will include anywhere from 2 – 3 hours of meetings, plus stakeholder interviews that may involve an additional 3 – 6 hours of interviews. Don’t worry though – with any luck, no one person will be stuck with us for more than an hour or two at a time!
- I would rather not know what is out there. Can’t Helios just come in and fix it? We can tell you how to fix many different HR challenges. We can also make recommendations for solutions that are cognizant of your culture and aligned with the strategic vision of your company. To do this, we cannot leave any stone unturned. As a part of that, we dig deep into your history – from files to policies and everything in between. It can be hard to let go and admit where you may have seen vulnerabilities in the past. When you take that big leap, we’re able to really get to the root of the issue and paint an accurate picture of exactly where your HR function lies and how to get it where you want it to be. But don’t worry, with our thorough report and recommendations, you’ll be living more comfortably again before long!
- So are you telling me that HR can be the catalyst for growth and serve as the change agent we need to improve our culture? Sometimes our recommendations are not the easiest to hear. That said, we believe in being unbiased and helping you find where you might have some things going on that could be potentially dangerous to your organization. While these recommendations may be hard to swallow at first, with an open mind, the vision for Human Resources as a strategic part of your business will become clearer. But it’s not always doom and gloom – we make sure to point out the great things happening that might be in your blind spot. The only thing you have to lose is the risk of not seeing what your HR team is capable of.
With all that said, you don’t have to provide a clear idea of how you want to structure your HR team in the short, medium, or long term – we will provide options! We will lay out the project timeline, provide updates, and answer any questions you have along the way. Finally, you won’t pay the cost of full-time salaries and benefits of a robust HR team with the depth and expertise in all functional areas of HR. Helios will take care of bringing the entire team to the party and make sure you’re invited too!