HR Profit Center & Cost Management
By helping drive profits and manage costs, PhoenixHR LLC gives small and medium sized employers good reason to smile when assessing their HR function.
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What CEOs Want From HRFor decades, corporate leadership has regarded human resources as administrative overhead...a cost center that did not generate revenue and was not strategic. Today's executives are more willing to accept HR as as a strategic business partner if the function proves itself first. To become (and remain) a strategic partner, HR must demonstrate to the C-suite that it can:
1. Move from just a "gut feeling" of making meaningful contributions to quantifying contributions in concrete, measurable terms. 2. Operate as a profit-center. 3. Operate as a cost-containment center. |
Our Value Add: Unlocking Your HR Department's Potential
Each day, the rapid advance of technology pulls your business deeper into a globalized "knowledge economy" driven by "knowledge-enriched" products and services. The source of your company's knowledge is your employees and makes them - not your products, equipment or other resources - your business' most valuable asset.
Numerous reputable studies published in recent years confirm that companies which invest in initiatives such as employee engagement, training, knowledge-sharing and performance management realize improved operating margin, greater market-to-book value over competitors and 2x or 3x shareholder returns.
The fact that many of these initiatives fall squarely within the HR function's responsibilities creates a golden opportunity for HR to make substantial contributions to your company's bottom line. Through our own knowledge-sharing, PhoenixHR LLC helps your HR function realize its true potential.
Numerous reputable studies published in recent years confirm that companies which invest in initiatives such as employee engagement, training, knowledge-sharing and performance management realize improved operating margin, greater market-to-book value over competitors and 2x or 3x shareholder returns.
The fact that many of these initiatives fall squarely within the HR function's responsibilities creates a golden opportunity for HR to make substantial contributions to your company's bottom line. Through our own knowledge-sharing, PhoenixHR LLC helps your HR function realize its true potential.
How We Do It
Re-engage & Re-position. We work closely with your company's leadership to properly prepare its HR function. We teach your HR function to "think like a CEO" and identify those practices which not only support your company's goals but also improve its bottom line. We help your HR team optimize (or revive) positive relationships with finance, sales, operations and other key functions so that it can proactively deliver the support those functions need.
Leverage Tools. We show your HR how to "think like a consultant" and utilize business tools and techniques that will help it produce measurable results...tools such as budgeting, financial modelling, how to define projects and how to establish measurable HR metrics.
Create Revenue. We help your HR look for ways to operate as a profit center by actually creating new revenue...if not sufficiently to generate profit then at least to cover some (or all) of HR's costs.
Drive Profit. As part of a multi-part strategy to drive profitability, we help optimize your HR by first taking the pain out of its own business processes. We then help your HR partner with other functions across your company so that critical knowledge can be "locked down" in their processes rather than risk being lost when employees leave. Other elements of our profit-driving HR strategies include helping your business:
Contain Costs. We understand that every dollar your HR department saves increases HR's value and reduces the drain which overhead costs impose on your bottom line. Whether it's by streamlining HR processes, outsourcing, offshoring or a number of other solutions, PhoenixHR LLC will help your company find the HR cost-containment strategies that makes the most sense for your business.
Leverage Tools. We show your HR how to "think like a consultant" and utilize business tools and techniques that will help it produce measurable results...tools such as budgeting, financial modelling, how to define projects and how to establish measurable HR metrics.
Create Revenue. We help your HR look for ways to operate as a profit center by actually creating new revenue...if not sufficiently to generate profit then at least to cover some (or all) of HR's costs.
Drive Profit. As part of a multi-part strategy to drive profitability, we help optimize your HR by first taking the pain out of its own business processes. We then help your HR partner with other functions across your company so that critical knowledge can be "locked down" in their processes rather than risk being lost when employees leave. Other elements of our profit-driving HR strategies include helping your business:
- Craft regular and meaningful communications that keep employees engaged.
- Design programs that involve employees in goal-setting and generating revenue.
- Maximize your employees' understanding of how they affect your company's bottom line and how that bottom line relates to their paycheck.
Contain Costs. We understand that every dollar your HR department saves increases HR's value and reduces the drain which overhead costs impose on your bottom line. Whether it's by streamlining HR processes, outsourcing, offshoring or a number of other solutions, PhoenixHR LLC will help your company find the HR cost-containment strategies that makes the most sense for your business.
Our Simple Engagement Process
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Step 1
Request your Free Quote. We will contact you by the next business day to discuss details of your desired solution. |
Step 2
We deliver an affordable quote tailored to your solution. Following your acceptance of our quote, we generate a Contract for Services. |
Step 3
Delivery of services begins once the Contract for Services has been fully executed and initial payment received. |
Depending on the type of HR services you desire, engagement can be:
- By Retainer: A monthly fee based on the level of HR support your business needs.
- By Project: A per-project price based on a professional estimate to complete specific tasks.
Questions About Our HR Solutions?
For quick answers:
- CHAT US: Click "Talk to Us Live" below
- CALL US: 310.697.3455
- Click here to visit our FAQ page
- Click here to email us
We deliver HR services that help businesses thrive, not just survive.
