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HUMAN CAPITAL PARTNERS REINVENTS HR TO MEET THE NEEDS OF SMALL TO MID-MARKET BUSINESSES
by Cheryl Klem Wednesday, September 17, 2014
The “new normal” for business has left small to mid-size firms scrambling to find ways to increase profits and control costs, while using the same old model of human resources in an ever-changing world. Human Capital Partners has created a hybrid solution to address this need.
According to the U.S. Census Bureau, there was over 88,000 businesses in Orange County in 2012; 71,000 of those have 100 or fewer employees and 63,000 have fewer than 20. These companies all have one thing in common related to their success: people. “Human capital creates business capital - and enhances investor capital,” states Cheryl Klem, Principal of Human Capital Partners. These firms need the same strategic thinking and high level Human Resources oversight as their larger counterparts, but there is no way they can hire that person; even the payroll and desk costs of an HR generalist with just a few years of experience is too big of a burden for most companies to take on.
To date, the solutions offered for these small to mid-market businesses has been to handle HR themselves or outsource to a PEO (Professional Services Organization that leases employees back to the employer) or to a Payroll/Benefits company that offers HR as an adjunct to their services. “This isn’t enough,” says Cheryl Klem; “we have to provide the same high level expertise to maneuver in this new environment where complexities are increasing in human resources, but margins in business are tighter – we must help this large segment of employers, and the employees who work for them, to thrive.”
Learn more on www.OCTalkRadio.net at 4:00 p.m. (PST), Wednesday, September 17, 2014.
Contact: Cheryl Klem
ABOUT: HUMAN CAPITAL PARTNERS is a strategic partner for small to mid-size firms providing high level HR, administrative, risk and infrastructure oversight; reducing costs while providing a unique hybrid HR solution to maximize profits | CHERYL KLEM, Principal of Human Capital Partners in Orange County, CA, has more than 25 years’ of experience in organizational development, human resources, change management, and strategic leadership across multiple industries. Cheryl was SPHR (Senior Professional Human Resources) certified in 2010; is a member of Society of Human Resources Management, CalChamber, and Women in Leadership. She graduated Magna Cum Laude from Vanguard University with a degree in Psychology and is currently completing her Master’s degree at Chapman University.
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