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Benefits of HR in a Recession Webinar

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1. <ul><li>Outsourced HR Solutions Group </li></ul><ul><li>“How Effective HR Can Help Drive Your Business in Recessionary Times”…
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  • 1. <ul><li>Outsourced HR Solutions Group </li></ul><ul><li>“How Effective HR Can Help Drive Your Business in Recessionary Times” </li></ul>
  • 2. What you will learn today <ul><li>Why Companies outsource </li></ul><ul><li>Why leaders consider outsourcing their HR function </li></ul><ul><li>What HR Activities should you be doing today to survive in recessionary times </li></ul><ul><li>Case study / Value comparison </li></ul>
  • 3. A little bit about Pivotal <ul><li>Experience: 25+ years/ Private/ Canadian </li></ul><ul><li>Market Position: broadest range of HR solutions </li></ul><ul><ul><ul><ul><ul><li>Outsourced HR management </li></ul></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>HR assessments </li></ul></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>HR Help Desk </li></ul></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>HR projects </li></ul></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>O utsourced payroll management </li></ul></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>Recruiting </li></ul></ul></ul></ul></ul>
  • 4. <ul><li>“… outsourcing works well when the outside vendor brings a set of best practices that are outside your company’s expertise…” </li></ul><ul><li> Bill Gates, Business @ The Speed of Thought </li></ul>Why Outsource?
  • 5. What triggers the “thought” to outsource? <ul><li>Efficiency? Core Competence? Resources? </li></ul><ul><li>Focus? Scalable? Cost-effective? Expertise? </li></ul>
  • 6. Answering some hard questions; <ul><li>How efficiently are you using </li></ul><ul><li>your people at this critical time? </li></ul><ul><li>Are you focused on your core competence that drives customer value? </li></ul>
  • 7. Answering some hard questions; <ul><li>How can you compete with bigger companies and their talent pool? </li></ul><ul><li>How scalable are your operations; in good times and bad? </li></ul>
  • 8. Answering some hard questions; <ul><li>Do you have the culture, skills </li></ul><ul><li>and infrastructure to succeed? </li></ul><ul><li>What is the cost if we lose good people or they disengage? </li></ul>
  • 9. National Survey Results
  • 10. Why companies consider outsourcing their HR function? <ul><li>Pivotal survey of CEO’s identified 3 key factors in </li></ul><ul><li>Decision to outsource HR; </li></ul><ul><ul><li>A proven track record of success/ can do it better than we can internally </li></ul></ul><ul><ul><li>Solve my “Pain Point” quickly </li></ul></ul><ul><ul><li>Outgrown or missing HR capability </li></ul></ul>
  • 11. Recession continues … November data show largest net loss in 26 years; Ontario's manufacturing sector hit especially hard
  • 12. How can HR help drive your business in a recession? <ul><li>Reset your HR plan for lean and evolving times </li></ul><ul><li>Get your team onboard; communicate it </li></ul><ul><li>Identify who is key to the organization and who is not </li></ul><ul><li>Ramping up employee engagement and productivity </li></ul>
  • 13. How can HR help drive your business in a recession? <ul><li>Keep Recruiting </li></ul><ul><li>Have a Workshare plan ready to go </li></ul><ul><li>Manage Performance & Productivity levels </li></ul><ul><li>Manage Total Compensation & Benefits </li></ul><ul><li>Keep training your people </li></ul>
  • 14. How can HR help drive your business in a recession? <ul><li>Appropriate your resources carefully </li></ul><ul><li>Keep talking </li></ul><ul><li>See and share the silver lining </li></ul><ul><li>Keep up-to-date with Employment Law </li></ul><ul><li>Employee Relations </li></ul>
  • 15. Can no longer afford the “Deadwood”!
  • 16. What we achieved <ul><li>Establish 3, 6, 9 and 18 month competency needs based on a business end state </li></ul><ul><li>S.W.O.T. analysis </li></ul><ul><li>Categorized A, B & C players objectively </li></ul><ul><li>Restructured roles / strategic downsizing </li></ul><ul><li>Restructured Compensation </li></ul><ul><li>Saved $800,000 in annualized costs with no impact to capability </li></ul><ul><li>Lost no A players </li></ul>
  • 17. Where is the value in outsourcing? Internal Hire Pivotal’s HR Solution Experience Limited to Individual Best Practices Approach Tactical / Political Strategic / Objective Specialty Skills Paid Consultants Integrated Team Skills Level Generalist Skill Matched Scalability Additional Hires Inclusive of Team Cost Increasing Known Recession Experience!
  • 18. Summary: HR Outsourcing Helping Drive Your Business in Recessionary Times <ul><li>Smarter / Cheaper / Better </li></ul>
  • 19. Questions? <ul><li>www.pivotalsolutions.com </li></ul><ul><li>Call Mike Salveta at 905.890.4494 to request a HR Assessment </li></ul>
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