People and organisation

Our human capital consulting services

We understand that managing employees can be one of your biggest challenges but also your greatest asset. In order to meet your local and global issues, our team of can help you to align your business interests.

Human capital consulting services provides consulting and outsourcing services to help organisations effectively manage their investment in people. We work with clients in the areas of compensation and benefits, recruitment, organisational effectiveness, performance measurements, compliance, tax, and employee communications.

Our Approach

We look for fresh perspectives, to challenge standard approaches, and to develop and implement new solutions for complex global HR issues. We provide a tactical link with our international network of human resource, recruitment, international assignment solutions (IAS), benefits specialists and tax professionals to address human resource issues in an integrated and cohesive way.

Key Advantages / Benefits:

  • Largest human resource consultancy group in the world.
  • Strong team in Bermuda who understand the unique challenges of this marketplace.
  • Breadth of technical expertise in HR, recruitment accounting, tax and legal, accessible though both global and local networks.
  • We closely monitor market trends and HR best practices to keep clients ahead of issues.
  • Responsive business partner ready to assist when needed.

A full range of solutions

Our core service areas:

Today's workforce demands to be compensated in a variety of ways. They look at base pay, annual and long term incentives, perquisites, benefit plans, and work/life programmes as deciding factors when choosing to stay with a current employer, or join a new company.

Whether your organisation operates in one, or many countries, HRS, with our global reach, is uniquely positioned to help you develop effective total rewards programmes on a local and international basis. Our experts help organisations implement programmes that meet the needs and strategy of your business, while complying with regulatory issues.

If this is your situation

  • You want to align reward strategies with business objectives to create value for shareholders;
  • You want to confirm that your current reward plans are tax-efficient;
  • Your employees do not understand their reward packages;
  • You want to ensure your reward plans are competitive in the marketplace and need to justify remuneration packages to shareholders and other stakeholders;
  • You need to comply with new legislation and corporate governance codes;
  • You need to make changes to your current benefit plans to contain future anticipated cost increases.

How PwC can support you

  • We have the ability to create reward plans that match the needs and strategy of your business;
  • We focus on balancing risk management, cost reduction and employee perception of value, within your plan design;
  • We are the only local practice that has a broad range of service offerings, including tax, market data, corporate governance, compliance and communications;
  • We have international reach, which allows us to align reward plans on a global basis;
  • We offer comprehensive pay benchmarking and survey capability.

PwC total rewards services:

  • Total reward strategy, design and implementation
  • Executive and employee compensation programmes
  • Cost–benefit and benchmarking analysis
  • Incentive tax planning advice
  • Job and salary structuring
  • Equity plan services
  • Job analysis and evaluation
  • Tradition and alternative benefits
  • Perquisites and quality of work life programmes

Whether your organisation is a startup, well established, preparing for an M&A transaction or any other organisational change, HRS works with clients to define vision, values and strategic goals that impact your people agenda. We assist companies by identifying gaps that exist between the requirements of its strategy and employees’ current performance levels.

We also identify people and change management issues that affect the implementation of an effective HR communication strategy, and provide solutions designed not to simply ‘get a message across’ but to help employees engage with, and safeguard, corporate aims and reputation.

If this is your situation

  • You need to align HR strategy with business strategy;
  • You want your employees to understand and buy-in to business goals and objectives;
  • You are concerned that the key attributes of your organisational culture are not clearly defined;
  • You would like to communicate internally the changes to the overall business strategy that stem from a recent reorganisation, merger and acquisition, or new business venture;
  • You need to communicate effectively the business rationale for recent changes to the current benefits plan, and how employees can better utilise the available services.

How PwC can support you

  • We design your HR strategy to address immediate and long-term business needs;
  • We maintain an effective flow of information that focuses on stimulating behavioural change and innovation and delivering on business results;
  • We help you to become an employer of choice and attract and retain talent critical to your business;
  • We develop solutions to assist acceptance during periods of intense change in companies;
  • We identify the key macro messages that best describe the company’s financial goals and business strategy.

PwC’s strategic HR consulting and communication services:

  • Strategic planning facilitation
  • Employment branding
  • Change management communications
  • HR programs and benefits communications
  • Workforce reduction communications
  • Key stakeholder Interviews
  • Employee focus groups facilitation
  • Outplacement advice and counseling

There is growing recognition within businesses that intelligent measurement is fundamental to performance improvement. Our PMA services benchmark key HR performance indicators by measuring and reporting on the impact of HR policies and the value that derives from them.

We perform a variety of surveys which can be customised to clients’ needs, to provide meaningful data for internal business decisions, or for external benchmarking, either within your industry, or broadly. We work with clients to measure and assess existing strengths, while targeting areas for improvement, in order to create sustainable strategic advantage.

If this is your situation

  • You need to know which HR policies have direct impact on corporate performance;
  • You want to know if your compensation and benefits plans are competitive to the market;
  • You are struggling to understand how internal culture dynamics impact employee behaviour and work attitudes;
  • You need to know why turnover rates seem particularly high;
  • You need to identify ways to improve your recruitment and new hire process;
  • You need to make changes to your current benefits plans to contain anticipated cost rises.

How PwC can support you

  • We offer new ideas and best practices for more effective HR management;
  • We identify areas for increased efficiency by benchmarking against competitors;
  • We provide clear measurement and benchmarking of your employment offering;
  • We provide real data, enabling you to reduce unwanted turnover and retain key talent;
  • We provide solutions that transform key stakeholders’ feedback into tangible performance indicators.

PwC’s performance measurement and assessment services:

  • HR Business metrics and benchmarking
  • HR risk assessments and audits
  • Compensation surveys
  • Benefits and perquisite surveys
  • Cost of living surveys
  • Employee assessment / satisfaction surveys
  • 360 degree surveys
  • New hire / employee retention assessments
  • Exit Interviews
  • Organisational culture assessments

Today’s business drivers centre upon improving shareholder value and operational performance. Our OED services are directed at improving shareholder value and operational performance by strengthening an organisation’s HR practices. Our approach helps clients transform HR programmes and processes, making them supportive and better aligned with overall business strategy.

If this is your situation

  • You have insufficient in-house HR experience, restructuring experience or resources, to deal with people issues effectively;
  • Your organisation is going through a period of change or restructuring that impacts current HR policies;
  • You need to design a strategy to develop the talent within your organisation;
  • You are under pressure to improve HR services to employees, while also justifying or reducing costs;
  •  Employees and/or the management team are not meeting their objectives, and this is having an impact on business performance;
  • You need help with getting your employees to work more effectively as a team.

How PwC can support you

  • We help to maximise your ability to maintain “business as usual” by offering experienced HR support during a transition or growth phase;
  • We enhance the efficiency, effectiveness and overall competitiveness of your people policies and HR programs;
  • We focus on integrating HR systems within your company’s overall human capital strategy;
  • We work to determine service delivery options that reduce or better manage HR costs.

PwC’s organisational effectiveness and development services:

  • Organisational change and restructuring
  • HR function effectiveness review
  • HR process reengineering
  • Performance management systems design
  • Leadership development and succession planning
  • Team building and development
  • Rewards and incentives planning
  • Learning and development assessment/facilitation
  • Competency modeling

Saratoga

Human capital is the biggest single factor affecting your bottom line. Now you can quantify its contribution. At PwC's human resource services we are pleased to introduce Saratoga, the most comprehensive bank of comparative human capital data. Saratoga is a global leader in Human Capital measurement benchmarking and the strategic application of human capital information.

In today’s global economy, understanding your human capital assets is more critical than ever to organisational success. Learn how Saratoga can help you collect, measure, benchmark and report on crucial workforce and HR data while simultaneously providing valuable information on organisational structure and operations.

Find out more about the Bermuda market and explore current career opportunities on www.bermudatopjobs.com