joe farris

Seven Tips For Hiring The Right Consulting Firm

Seven Tips For Hiring The Right Consulting Firm

Consulting quality and the value you get out of it is in the eye of the beholder. Whether you want to hire a consulting firm to generate fresh ideas for your business, get access to the consultants’ expertise and experience, or augment your business, these seven tips will make sure that you get the right firm hired and make your collaboration as effective as possible.

Five Questions HR leaders should ask to design a stellar total rewards strategy

Five Questions HR leaders should ask to design a stellar total rewards strategy

You would never invest in an acquisition, capital equipment or any other business need without a clear idea of how much to pay for it and how to gauge the return on that investment. Yet many companies do just that when it comes to their most important and costly, asset — their people. How else can you explain the enormous number of companies that aim for the middle or median (up to 85% of companies, according to SHRM, match the market median for base pay)? The same happens when executives design total reward strategies: They often offer same perks and benefits that their competitors do, neither lagging the market nor standing out.