HR Forensics
A growing Practice area, the implementation of HR Forensic techniques allows an organization to get a clear picture of exactly what it is spending on people issues. Particularly in larger organizations, many HR-related costs or investments go unmonitored or misreported. Expenditures for recruiting, training, employee services, etc. hidden or misclassified in departmental operating budgets often outweigh those routinely incurred by the Human Resources Department. This unrealistic picture of the true cost of talent management squanders the opportunity to benefit from economies of scale and other efficiencies and impacts critical decision making.
An HResults forensic study will identify the true “HR spend” throughout an organization
and enable it to:
- Identify those areas outside of the Human Resources Department where HR tasks are being performed
- Discern the impact on line management
- Create controls and accountabilities around HR investments
- Identify potential cost savings through process re-design, elimination of redundancies, outsourcing and vendor management
- Develop a business case and measures for future HR expenditures
Our Recent Work
Organizational Strategy and Design
A partnership of WL Ross & Co. and Ranieri Real Estate Partners completed their acquisition of Deutsche Bank's multi-family residential mortgage business. Now known as Berkeley Point Capital, with major operations in Bethesda MD, Boston MA and Irvine CA, it is the nation's second largest originator of Fannie Mae loans and services a $29 Billion loan portfolio.
HResults was engaged by the new ownership team to facilitate the design and migration of Human Resources programs and activities to the new independent entity and to ensure that Berkeley Point employees would experience a seamless transition upon Change of Control.
About HResults
HResults is an HR Advisory Firm specializing in Organizational and HR Effectiveness. Based in Philadelphia, with an office in Indianapolis, our practice focuses on the strategic, operational and cultural aspects of the people side of the business in the “new normal” environment of constant change . We enter an engagement with the understanding that our clients are investing in us as well as their own organization. We reciprocate by investing the time it takes to understand a particular business and culture and avoid making the assumption that a particular approach or solution fits all situations.