People Cost Optimization
We help you build alignment throughout your organization—from your operating model to your structure, headcount, jobs and rewards—around the goals you have as a business. This work not only results in a leaner organization, but it also accelerates how quickly you can achieve transformation. We’ll help you:
You probably know the cost of your rewards program, but do you understand the value of those rewards for your people? Value is hard to appraise, because employee preferences for rewards change over time. That’s where we come in. We quantify reward value, so you can invest in the programs that employees prefer. In over 200 projects, we’ve found opportunities to reduce our clients’ reward costs by at least 5% without reducing their perceived value.
As business strategy rapidly evolves, the firms that best execute on their strategy reap the rewards. For most organizations, that means embracing a new way of operating, with new processes, metrics, structures, roles and talent. While cost savings may not be the primary objective for operating model transformation, it’s almost always one of the benefits delivered when the work is done well. Our consultants’ unique combination of capabilities allows us to design and implement an optimized operating model.
Where you work has a huge impact on costs. We help you rethink the work you do and the operating models you use to determine whether relocating or outsourcing is right for you. And we use the world’s most comprehensive compensation database to help you plan an affordable next move.
Over the last three years, the number of M&A deals has reached an all-time high. Unfortunately, many deals don’t deliver the revenue or cost synergies promised to investors. In fact, research shows that, over the last several years, organizational growth and profitability tend to deteriorate following an acquisition. Many of these losses occur because organizations don’t pay enough attention to talent and structural integration. We recently helped a private equity-backed client tackle problems resulting from years of deferred merger integration, which raised its operating margin by 8% and contributed to substantial organic revenue growth.
Transformation is always disruptive, especially when it involves job loss. And, unless employees support the changes being made, you’re unlikely to succeed. Our change management practice helps you do four things: make the change clear, make it known, make it meaningful and make it stick. We’ll work with you to map an effective change journey and give you the tools, processes and networks to support your transformation. We’ll show you how to support your people with knowledge and skills that allow them to thrive through change, so you’ll maintain momentum and achieve your goals.
Ready to find ways to reduce your people costs without reducing employee engagement? Contact us.
Contact us and see how our business transformation services can help.