Overview

IBISWorld’s Human Resources Consulting Procurement Research Report is a comprehensive guide to purchasing Human Resources Consulting. This report offers strategic analysis of the factors influencing purchasing decisions, including price trends and three-year forecasts, input costs and demand factors, along with key suppliers and an analysis of the extended supply chain. Armed with the right procurement intelligence, your company will be able to make educated purchasing decisions.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Human Resources Consulting - Recent Price Trend

During the three years to 2017, the hourly price of HR consulting services has increased at an estimated average annual rate of 0.3%. Such mild growth in service prices has not had a significantly negative impact on buyer power. Moreover, there has been low volatility in prices during the past three years, which has made it easier for buyers to accurately anticipate price trends and budget for...

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Human Resources Consulting - Total Cost of Ownership

Given a clear and thorough contract, there should be no hidden costs for buyers of HR consulting services. However, the total cost of ownership is moderate due to other factors that can occur, such as a change in the scope of a project. For example, a company might hire an HR consultant to review the benefits provided to executives and then extend the review to all managers or employees. Such...

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About this Report

This report is intended to assist buyers of human resources (HR) consulting services. HR consultants advise and assist buyers with a variety of organizational matters, including human resource and personnel policies, employee benefits planning, compensation systems planning, wage and salary administration, recruitment and retention. This report does not focus on general management consulting, risk management consulting, management development training or outplacement services.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Regulation
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
  Imports
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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