Companies grow to the fullest, provided they are managed properly.
Managing the huge company size and at the same time, maintaining the profit
margin often results in problems and this is when the executive search consultants are seen as an attractive option. Right from the task of regulating
the federal guidelines to the task of hiring the employees and terminating
them, all the tasks are managed by the human resource consultants. The role of
the consultants, however, varies from organization to organization. Read on to
learn the different functions that the HR consultants perform:
§ Human Resource
Functions
The consultants perform a number of HR functions such as
payroll management and management of the administration of the organization.
They also perform the function of hiring the new talent for various job
positions in the organization. They aid in saving the money and also give a
boost to the performance of the entire HR department of the organization. Also,
all the penalties that are linked to the human resource are also under the
purview of the executive search company only, thus the organization remains
immune to any kind of penalties.
§ Recruitment
The Executive Search in India is indeed
one of the deadliest tasks that each and every organization needs to undertake.
The executive search professionals aid in recruiting and hiring the best talent
within the budget given by the client. They make use of a variety of methods
for recruiting the right candidate. These methods include talent searching
through databases and making use of the social media platforms such as
LinkedIn. The consultants are responsible for advertising for the job position,
screening of the available applicants, conducting the interview session for the
screened candidates, doing other background checks and then negotiation with
regard to the compensation and offer letter.
§ Administration
Of Health And Other Benefits
Setting a department for looking after the employee benefit
is a tedious and time consuming exercise. The executive search professionals
can simplify this task and can set up
the department by contacting the insurance and other benefits providers,
narrowing down the options and then provide a detailed package that will suit
the needs and budget of the organization. Thus, all the HR related queries can
be routed to the executive search consultancy company and the employees of the
organization can focus upon the operations of the company.
§ Management Of
Human Capital
The human resources are the real asset of any organization
and that is why they are named as the human capital. Hiring an employee is
another task and retaining him/her is another bigger task. The consultants
being the pro in this field are adept in the ways and means for acquiring
talent in the company and also managing them. They are well aware with the
employee reward programs that can act as a motivator for the employees to
perform better.
§ Legal Compliance
Legal compliance is one of the major areas where the
expertise of an executive recruiter plays a major role. These consultants are
well aware with the employment laws, occupational safety laws, health
administration laws and other major laws of the land. Being avant garde in this
field, they make sure that the business organization runs on the path of the
policies vetted out by the state.