People Profits is redefining HR - by rejecting the mindset that created HR. We assist our clients by injecting fundamental business and financial principles into the HR function. HR is tranformed from a COST center into a PROFIT center and your HR department into organizational heroes. Our expertise is based on developing a Human Capital Strategy and implementing our proprietary systems and processes that will increase the value of your greatest asset and your BOTTOM LINE.
In the same report, business leaders gave HR a 1.6 GPA on a 4.0 scale for meeting their responsibilities - a solid "D".
HR will become organizational heroes by redefining HR:
Rejecting the mindset that created HR.
Injecting business and financial principles into the HR function
Developing custom Human Capital Strategies and Plans,
Implementing People Profits proprietary systems and processes;
People Profits has found that the vast majority of HR departments are missing expertise in fundamental business and financial principles.
Once HR has systems and processes based on business principles:
Decisions will be based on those principles,
Planning and strategies will be enhanced,
All the elements of HR will work together, cost less and get better results,
The business alignment and respect for HR will rise,
Your people issues will stabilize and
You will be able to look to new areas for growth.
Case study: A manufacturing company saw a dramatic drop in turnover, cost of health insurance and an increase in respect for the HR function due to a business mindset. The cost of turnover alone was $1.4 million a year. The reduction in the cost of health insurance was 33%.