Updated: Mar 9
How can a consultant help your business become more competitive?
Many small to medium companies have been affected by the recent economic downturn and the Great Resignation. All businesses can become more competitive, remain compliant, and have a trained workforce with the help of a Human Resources Manager. Human Resources Managers are expensive to have on a company's payroll. According to the Labor of Bureau Statistics, an HR Manager in El Paso, TX, earns in the low 10%, around $64,210. That is without accounting for benefits such as Health Insurance. Employee costs can cost around 1.25 to 1.40 added to their salary. A consultant can share the same level of knowledge in assisting small businesses as a big company but for a fraction of the cost.
A consultant is like the wild card that a small business can access. Often, small businesses need to see how high turnover, untrained leadership, and knowledge of wages, benefits, and employee engagement can cost a company. There are so many hidden costs that HR Consultants can help a small business avoid.
Many companies struggle to maintain an operational workforce due to inflation, rising wages, and different demands from the workforce. HR consultants can help the business owner with staffing, retention, and competitive wages. These are some HR support an HR consultant can help any business owner. Many professionals want to help business owners to succeed and become profitable and competitive.