What do HR consultants charge? As a HR consultant, I am frequently asked this question. The answer, of course, depends on the scope and nature of the project. However, there are some general guidelines below that can be useful in determining the cost of HR consulting services.
Breakdown of what HR consultants charges typically
-Hourly rate: £100+
-Retainer: from £200 upwards per month
-Project-based: from £500 upwards
The monthly retainer is the most common type of fee charged by HR consultants. This rate can vary depending on the consultant’s experience and the scope of the project. A retainer is a monthly fee that covers the consultant’s time to be available for advice and assistance. Project-based fees are charged for specific HR projects, such as developing, completing a redundancy consultation or conducting an employee engagement or salary survey.
Now you know what HR consultants charge, what else do you need to consider?
Firstly, speak with a HR consultant first to find out if which option will work best for your business. You might just need to hire a person for a couple of hours as a task is simple and can be sorted easily. However you might also have ongoing issues, in which case a monthly retainer would work best.
Once this has been defined, it is important to consider not only the cost, but also the value that the consultant can bring to your organization. An experienced and reputable HR consultant can save you time and money by helping you avoid costly mistakes, and can help you implement best practices that will improve your organization’s overall effectiveness. If you choose me, you are getting a consultant with decades of experience and also one who has a strong legal background. Get in contact if you wish to speak further about hiring me to help with your business.
