Managing the employees is a crucial challenge for so many companies. Whenever human resources (HR) is handled incorrectly, this can lead to high turnover but also internal challenges, depleting your company’s drive to grow. The human resource consulting companies offer a wide range of employee-related services to companies to assist them for human resource functions like identifying and nurturing top talent, managing HR programmes, HR processes, and maximizing performance and satisfaction through best methodologies. Human resource consulting services provide companies with the opportunity to choose only the services they require. They can hire human resource outsourcing companies to serve as their entire HR department, or they can hire HR outsourcing services on an as-needed basis.
So, we have compiled a list of the top 15 HR consulting companies to assist you in simplifying your hiring process.
What Are HR Consultant Companies?
HR consulting companies have teams of consultants ready to assist organizations of all sizes with enhancing their human resource functions. Companies that need assistance raising employee engagement can benefit from working with an HR consulting service. Human resource consultants measure employee engagement by monitoring people, running surveys, and interviewing people, giving them information towards how employees really think and feel about their job roles and relationships inside the company. The data acquired throughout this process can be utilized to construct new organizational structures, enhance a company’s performance management approach, and generate new compensation plans. Whereas several other human resource consulting companies specialize in recruiting and onboarding, they may also help clients navigate major organizational changes, identify business problems, or give training to help employees develop new skills. Human resource consulting companies really have many benefits for the organizations which are discussed in the below section.
What Are The Benefits Of HR Consulting Companies?
Some of the benefits of HR consulting companies are given below.
- HR consulting companies offered knowledge and guidance to businesses in order to improve HR services and operations.
- HR Consultants are much more knowledgeable about the laws and regulations that govern effort and HR activities.
- Human resource consulting services will oversee the company’s human resources and concentrate on policy and procedure implementation.
- HR consultants possess years of experience working in a variety of industries and enterprises, so that they can quickly identify the talented employee for your company.
- Human resource consultants can assist in the implementation of employee benefit programmes as well as the enhancement of the company’s talent acquisition and personal management systems.
- Its most major advantage of hiring an HR consultant is that the workload and operations are shared between the HR department and the rest of the company.
Best HR Consulting Companies
Deloitte Consulting LLP
Deloitte is a global network of accounting firms and professional services organizations that offer audit, tax, consulting, enterprise risk, and financial advisory services. The company is one of the Big Four accounting firms. Deloitte has 334,800 employees in more than 150 countries. Consultants specialize on human resources, financial, strategic, and operational difficulties, freeing up time for their clients to pursue their other tasks. Oil and gas, consumer goods, financial services, life sciences, communications, technology, and media are just a few of the industries that are served. Deloitte’s people-oriented consulting services focus on improving business performance for companies which need assistance managing human capital successfully. Deloitte also provides HR transformation services, which use advanced analytics and cloud-based solutions to assist firms in identifying new value-creating initiatives.
McKinsey & Company
McKinsey & Company is a management consulting firm that is privately held. It assists clients in achieving their long-term objectives and improving their long-term results. McKinsey & Company ranks as the world’s third most profitable consulting company. McKinsey & Company provides consulting services in two areas of human resources: talent management and people analytics. Mckinsey has a fiercely competitive hiring procedure and is regarded as one of the most well-known hired in the world. McKinsey hires mostly from top business schools throughout the world, and it is the first management consulting company to hire a large number of people with considerable business experience and analysis. It handles strategic, organizational, operational, and technology concerns in its practice areas, all with the goal of achieving what will be best for the client’s business.
Willis Towers Watson
Willis Towers Watson is a global HR and actuarial consulting company. Willis Towers Watson was founded in 1828 and now employs over 45,000 people in over 140 countries and marketplaces. Willis Towers Watson provides HR consulting services in a variety of areas. The company makes and implements solutions that assist organizations in managing risk, maximizing benefits, cultivating talent, and leveraging capital to safeguard and improve institutions and individuals. Willis Towers Watson consultants have the knowledge and expertise to help companies navigate mergers and acquisitions while resolving people-related issues. Inclusion and diversity, talent management, and retirement planning are some of the other services offered by the organization.
Mercer is the largest human resources consulting firm in the world. Mercer is a great HR consultant for any size company; it offers solutions for small, medium, and large organizations. Mercer’s Workforce and Careers segment provides a variety of consulting services, such as talent strategy, executive compensation, overall rewards, and employee communication. Mercer has about 25,000 employees in 44 countries and operates with over 130 countries. Company offers digital advice and solutions to assist businesses in developing risk management plans and meeting their employees’ health, financial, and employment requirements. Marsh & McLennan is a part of Marsh & McLennan, a global risk, strategy, and people consulting firm. Mercer consultants assist clients in identifying rewards that are related to performance, acceptable for the market, and implemented consistently for clients who need assistance rebuilding their whole rewards systems.
This consulting company has had its own benchmarks database, which provides consultants with up-to-date market data that can help them make more informed decisions. HR departments can also benefit from the advice of Mercer consultants when it comes to building effective communication strategies.
Korn Ferry is a top-rated global organizational consulting company. They assist a wide range of sectors in overcoming a variety of HR difficulties. It assists clients in synchronizing strategies and capabilities in order to maximize productivity. Consultants that are in the talent management group assist clients in streamlining their sourcing, interviewing, recruiting, as well as onboarding processes, assuring that each company has the people it requires to meet industry challenges. Korn Ferry consultants can help at every point of the process, from executive searches to outsourcing parts of the hiring process. Korn Ferry consultants also assist customers in determining the most effective method to prepare their most brilliant employees into possible leadership positions.
Oliver Wyman provides a variety of services aimed at enhancing the efficiency of each client’s business. Oliver Wyman is frequently referred to as one of the world’s top management companies. Communications and media, wholesale, education, industrial products, automotive, energy, and public policy are just a few of the industries where Oliver Wyman consultants possess expertise. The company also has offices in 31 countries, such as Germany, Russia, Sweden, and Saudi Arabia, making sure that clients possess access to consultants who fully comprehend how local culture and customs influence HR practices, particularly when it comes to designing fair compensation systems and identifying top talent.
The company also has offices in 31 countries, such as Germany, Russia, Sweden, and Saudi Arabia. In risk management strategies and institutional change, Oliver Wyman leverages industry knowledge and expertise. This top-rated human resource consultant works with a wide range of industries such as automotive, health and life sciences, travel and leisure, and aviation, aerospace, and defense. Oliver Wyman strives to form strong ties with clients while ensuring cooperation at all levels of an organization in order to handle even the most tough and complicated problems.
Boston Consulting Group
The Boston Consulting Group is the world’s most powerful business strategy consulting firm. The Boston Consulting Group is the second-largest consulting firm in terms of revenue, and it consistently ranks among top consulting firms. This management consulting company was started in 1963 and now has operations in over 50 countries and 90 cities throughout the world.Boston Consulting Group consultants offer a variety of HR-related services to assist companies enhance their overall performance. These services are intended to assist HR departments, managers, and business executives in taking a more holistic approach to human resource management.
The company’s diversified, global teams provide clients with deep industry and functional expertise, assisting them in growing, gaining a long – term competitive advantage. Branding, business development, restructuring, globalization, organization, pricing, strategy and technology, and communication are all areas where consultants may help. They typically hire associates or recruitment advisers from undergraduate, graduate, and postgraduate programmes as well as business schools.
Accenture is a multinational professional services firm with 624,000 employees in over 200 cities across 50 countries. Accenture is renowned for offering a wide range of services and for having five primary processes. Digital management strategies, technology, and operational consultancy are among them. Accenture Incorporated has also risen to the top of the Fortune 500 list as a global leader in consulting services. Accenture consultants help clients establish them as preferred employers in their sectors by focusing on providing great experiences for candidates and employees.
Accenture also provides services to assist firms in changing their cultures by deploying new styles of leadership and effectively managing change. Accenture works at the interface of business and technology to help clients enhance performance and create long-term value for stakeholders, integrating extensive knowledge and specialized capabilities across more than 40 sectors as well as all business activities, all anchored by a global delivery network.
Ernst & Young (Consulting Practice) NA
One of the Big Four accounting firms in the world is Ernst & Young. The automotive, finance, government, entertainment, mining, real estate, technology, and telecommunications industries all benefit from Ernst & Young’s insurance services, tax auditing, and business consulting. They assist firms in transforming their business using four service lines named assurance, consultancy, strategy, and transactions. Ernst & Young has 312,250 employees in more than 700 locations in 150 countries. For the previous 21 years, Ernst & Young has been ranked in Fortune’s Top 100.
Bain & Company
Bain & Company is a multinational consulting firm. Clients’ human resource operations, such as performance management and talent acquisition, receive considerable support from Bain & Company. Bain & Company consultants create tailored solutions for each client based on their specific requirements, but the targeted outcomes are usually the same: less human resource costs, enhanced engagement, increased efficiency, and improved HR service quality. The firm uses automation and technology technologies to give cost-effective and efficient human resources management consultancy. Manufacturing, consumer products, energy, defense, aerospace, and financial services are among the industries where the firm’s consultants have specific experience.
KPMG LLP (Advisory)
KPMG LLP is a U.S. firm of the KPMG global network of independent professional services firms that provide audit, tax, and advisory services. KPMG is a global network of 145 firms with over 236,000 people working for it. KPMG is a multinational professional services network and one of the Big Four accounting firms, and among the most well-known names in global industry. Different components of the global business network, as well as litigation and oversight processes, have been scrutinized throughout the last decade. KPMG is well-known for becoming an excellent spot to work and advance your career.
Aon Hewitt is a specialized management service provider with comprehensive risk, recovery, retirement, and healthcare solutions for over 50,000 employees in 120 countries, assisting clients in the use of data and analytics around the world. Aon is dedicated to providing a consistent, high-value, and engaging experience to every client. Risk management, insurance and reinsurance brokerage, and human resource consulting and outsourcing are all services provided by Aon. Aon relies on the best ideas from all over the world and delivers solutions with local expertise, due to its global distribution network, substantial intellectual capital, and cutting-edge technology. Five of the top ten consulting companies and more than half of the top 25 divisions are now served by Aon Hewitt. Health and benefits, global benefits, retirement, investment consulting, compensation, talent and organization, communication, and M&A services are among the firm’s consulting offerings.
TriNet, a top-rated HR outsourcing firm that delivers PEO services, was founded in the San Francisco Bay Area in 1988. It is aimed for small and medium-sized businesses, and it assists them in streamlining their human resource management. Risk mitigation, human capital expertise, perks, real-time technology, payroll, and compliance are just a few of the HR outsourcing services offered by the company. TriNet is a professional cloud company that offers small and medium businesses (SMEs) a variety of industry management solutions as well as personnel management services. Web management tools, including a webmaster portal for administrators and self-service workers, are also available online. TriNet works with companies ranging in size from 3 to 2500 employees.
Huron is a worldwide professional services company with offices all over the world. Huron is dedicated to collaborating with its clients to achieve long-term outcomes. The best business consultancy magazine, which will run till 2020, has just been announced. They work with clients in the healthcare, higher education, life sciences, and commercial sectors, as these industries face considerable transformative change as well as regulatory and economic pressures in rapidly changing markets. Companies assist healthcare firms in leveraging data and technology to improve operational efficiency, clinical results, and build a more consumer-centric healthcare experience. Huron Research Suite is a comprehensive set of software tools designed to make providing specialized search and compliance management services easier in a highly regulated environment.
The company was established in the year 2013. Zenefits (also known as YourPeople, Inc.) is a San Francisco-based technology company. Zenefits Services provides a platform for small and midsize enterprises to administer and manage benefits, as well as HR activities like time tracking, onboarding, and employee record keeping, payroll, and performance and well-being. Such services include access to a number of tools that can assist HR professionals in saving time and increasing effectiveness. Zenefits saves time for employers by ensuring that data flows smoothly from one system module to the next.
The best HR consulting company will be determined by the services you require and the size of your organization. Many human resource consulting companies concentrate on small businesses, while others deal with major multinational corporations. HR consultants often offer a wide range of human resource-related services. HR consulting services are becoming increasingly popular as a result of their ability to adapt to the needs of their particular clients. HR consulting firms deal with HR on a daily basis, so they are well-versed in best practices and methodologies. If you are looking for human resource consulting each one of the best HR consulting companies in our lists specializes in a different area, that can allow you to find in them by aligning their skills and values to your company’s needs. A great HR consultant will typically present new strategic and inventive ideas.