Saratoga HR metrics and benchmarking
There is little dispute that the success or failure of most organisations in the years ahead will lie in the competitiveness of their human capital. Sustainability in this context requires people to be regarded as an investment, equivalent to any other investment and subject to the same types of regular assessment, measurement and evaluation. If you were asked how effective the human capital is within your organisation, could you provide the answers?
Our measurement and benchmarking expertise brings objectivity and business alignment to all people activities. Our metrics are in place to help organisations improve their performance through their people.
Potential issues
- Do you want to quantifiably measure the impact of HR on your business?
- Do you need to connect strategic business challenges with people policies?
- Do you need to provide stakeholders with solid comparative data and identify performance gaps?
- Do you need to understand the competitive level of your organisational capability?
- Are you looking for insights into the 'why' and the 'how' of people performance and best practice?
How we can support you
We hold the world's largest, most robust database of people-performance metrics (the HR Index™) from over 10,000 international organisations. Our bespoke, evidence-based service can help you to:
- Build a clear analytical understanding of your existing human capital profile
- Highlight potential cost savings, efficiency gains, service improvements and effective HR function delivery opportunities, to strengthen your competitive edge
- Select suitable organisations against which you can benchmark key performance indicators and best practice
- Plan, implement and drive the actions necessary to realise the resulting value-added objectives.
Please see the Romanian Saratoga Human Capital Benchmarking Survey.
HR Function effectiveness & service delivery
When you are reviewing your operational performance and looking to improve stakeholder value, how do you know you are getting the best value from your HR function? Are your HR objectives being met and, more importantly, do they support your business strategy?
Our proven methodology and approach focuses on people productivity as well as the HR function itself, directly identifying the connections between organisational performance and its people-related activity.
Potential issues
- Do you need to ensure that HR objectives support business strategy – and that those objectives are being met?
- Have you undergone a restructuring process and need to transform your HR function?
- Are you getting maximum value from your HR spend?
- Are you considering outsourcing some of your HR processes?
- Do you need help in identifying potential areas to reduce costs, increase effectiveness and improve service levels for a range of HR processes?
- Do you need to clarify both short and long-term HR priorities and produce a plan to deliver them?
- Do you have recruitment, retention and motivational concerns?
How we can support you
PwC can increase the effectiveness of your people management, and add value for stakeholders, by:
- Offering a proven methodology which provides quantitative and fact-based analysis on the effectiveness of your HR function
- Giving you access to expert HR consultants who have 'done it before' and can tailor an approach to your business
- Identifying areas for reducing costs, increasing efficiency and undertaking benchmarking against your competitors
- Helping you to attract and manage talent and become an employer of choice.
HR transactions services
Organisations embarking on an acquisition, merger, internal restructuring, or other such major transactions, face considerable people risks and challenges.
HR transactions can help you ensure this success of a transaction by identifying and addressing the people issues. We offer advice at all stages - due diligence, deal negotiation and post-deal implementation.
Potential issues
- You need to identify and address people issues that challenge the viability of a deal and/or impact on its price
- You need to ensure that your management team can execute a deal, deliver the expected benefits - and that they are appropriately incentivised
- You need to engage with your workforce and ensure that your people understand what is expected of them and how they will be rewarded
- You need to understand the immediate and future impact on your finances of commitments you have made, such as incentives, equity arrangements and other such benefits
- You need to measure, monitor and report on business-critical aspects of your people`s performance, to ensure that you meet the business goals of a transaction or restructuring
How we can support you
- Help you to price transactions appropriately by quantifying issues around people and benefit programmes
- Help you to identify and retain people critical to the success of your transaction
- Ensure you take into account significant liabilities and employment obligations, both current and future, relating to pensions, share schemes, change of control and severance promises
- Advise on workforce restructuring issues
- Advise on contracts and reward structures
- Help to engage with your staff and maximise your ability to maintain 'business as usual' during a period of change.
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