HCM Practice

Human Capital Development Practice is an exclusive domain of Siddhartha Consulting. Here, we design and deliver tailored HR solutions as per the client requirement. Our service portfolio encompasses – On Demand CHRO, Design HR, Talent Acquisition, Talent Management, Corporate Restructuring & Change, Broad Based Compensation, Performance Pipeline & Management, HR Administration, Learning & Succession Management and down to the transformation of the HR function. Our expertise lies in designing and implementing solutions, while engaging to train and intervene where it is strategically aligned.
We assist organizations in their journey of value creation and enhancing efficiency into every aspect of HR. Execution and implementation of customised HR processes & programs in support of client’s business objective with better measurability for achieving breakthrough results is the key to our business proposition.

On demand CHRO

Bespoke HR Solutions, Business HR Insights, Trusted Advisor, Mentor In-House HR Team & Provide Top Notch HR Talent.

We provide outsourced CHRO services that caters end-to-end HR practices including transection and transformational aspects of HR. We can deploy best talent who has varied experience across industry vertical and handles recruitment, employee life cycle, employee engagement, pay roll management, compensation and benefit administration, OD & changes management and legal compliance and other IR matters.

Design HR

HR Strategy, Policies & Processes, HR Technology & Road Map, Organization Framework Design & Job Design.

We offer complete HR design process that encompasses articulating HR strategy in alignment with business strategy to maximise the potential of human capital. Our team would help you to navigate current Organizational structure for governance & execution of business strategy, defining positions, roles, reporting relationships and detailing out role clarity to align accountability. We help in generating HR Policies and Processes to instil organization efficiency and establish technology enabled systems that supports information flow and network.

Talent Acquisition

TA Strategy, Talent Assessment, Talent Mapping, Leadership & CXO Level Hiring, Employee Value Proposition, Specialist Recruitment Solution.

We partner with our client in their journey of acquiring and placing right talent to add value in their growth plan. We believe, organizations have realized that acquiring right talent is only the midpoint of the process, and sincere efforts are required to deliver a comprehensive and effective transition, familiarization, and onboarding protocol. This is exactly where we can help you develop your talent acquisition strategy which would take care of today’s talent issues and tomorrow’s growth strategy of your organization.
>We would design talent acquisition strategy and handhold for its successful execution to get the right talent placed on to the board. We provide market insights, mapping of competition and pay – data to take the strategic decision about hiring of leadership positions. We support you into every aspect of hiring & selection from job design till the candidate settles down and starts producing desired target.

Talent Management

Employee Engagement, Leadership Development, Competency Modelling and Applications, High Potential Development, Succession & Career Management.

Our approach towards talent management through an integrated process supports client’s HR strategy. We help design an exhaustive talent management program for attracting and retaining critical talent and their familiarization with the organization, team and stakeholders. Our talent management exercise enables business outcomes and drive improvements in performance and develop capabilities. We design long term comprehensive leadership development program for developing high potential senior leaders for succession planning of key positions to ensure business continuity and performance for leadership change. We develop competency model framework for the organization for defining competencies – both functional & leadership competencies with behavioural indicators and establish technique for assessment. We also help in designing and developing organization culture and value charter to ensure right talent and skills thrive among employees to face present and future challenges.

Corporate Restructuring & Change

Organization Design, Job Design, Change Management, People Process Reengineering, M&A Due Diligence and Integration, Culture Audit.

We look at People Process Reengineering as fundamental principles to redesign people processes to achieve improvement in organizational efficiency by way of establishing measure of performance in every sphere of human capital management. We cater various services that include downsizing with restructuring, reengineering with process improvement, clearly communicate organization’s vision, mission, improve information sharing, institute employee involvement program, establish formal complaint resolution procedures, institute gain sharing or other incentive plans, perform job/ work analysis & design, support job rotation, begin to establish team based work designs, retain employees to meet changing demands, provide flexible work arrangements, address diversity issues, conduct formal mentoring programs, and align business and HR strategies.

Broad Based Compensation

Job Evaluation & Banding, Broad Based Reward Design, Compensation Benchmarking, Variable Pay & Total Rewards
Compensation & reward are significant tools adopted for talent attraction and retention. The organization must devise a well-thought compensation & benefits plan to retain top talent. The main reason for attrition at the leadership level, in most cases, is the inequity of compensation and lack of differentiation of pay packages.
We design performance-oriented compensation & benefit plan for the organization that caters to a different aspect of employee’s benefit – direct & indirect, fixed & variable, perks & benefits. We help to implement the entire compensation structure – broad banding the levels with clear progression & career graph, fixed pay plan aligned with the competition & market, job evaluation & grading, retiral benefits, health insurance, performance pay plan, short term & long-term sales incentive plan.

We design a Choice Pay Plan that simplifies complex processes and provides autonomy to employees to design their pay package in alignment with income tax laws and prioritize factors imperative for the retention of talent. We can develop an integrated Pay Policy that aligns the compensation structure with the employee development plan.

Performance Pipeline & Management

PMS, BSC, Goal Setting Process Siddhartha Consulting helps to develop the PMS cycle at full length, starting from performance planning, review, evaluation, and reward for the entire organization. We believe performance planning/ goal setting process is not an annual ritual, but it translates the business planning process into an operating plan. We assist to drive Organization Balanced Score Card from a short-term strategy and cascade across levels by defining the performance pipeline and the unique purpose of each organizational layer and providing clarity and focus on the results to be achieved.
We cater right from communicating organizational goals to individual performance expectations, accountability for achieving those goals, identifying developmental needs, assessing performance using appropriate measures/ KPIs, improving individuals and organizational performance, and using results of the appraisal as a basis for performance rewards.

Organizations need to understand that it is not once a year ritual, but managers should be using it year-long to set clear objectives, evaluate results and deliver continual feedback to employees about their performance.

HR Administration

Payroll Administration, Compensation Data Management, Benefit Administration, Full-Service HR Outsourcing & Compliance Management.

We manage payroll processing of companies with different pay packages and consider every aspect of payroll with all the input data collected as per the set process decided jointly with client organization. We help set up required policies to improve the quality of input data and bring discipline into the working of payroll.
We design and help to execute pay strategies for clients to meet divergent requirements, salary movements, review practices, and compensation planning for the year. We design salary structure after annual compensation exercise and suggest necessary modifications aligned with the applicable social security, retiral benefits & tax laws.

We also cater pan India compliance services to adhere to all the relevant labour laws, safety & environment regulations, social security legislation and provide all kinds of support, including representing before government and attending court matters.

Learning & Development

High Impact Cost-Effective Training Sessions, Soft Skills, Assessment Centre, Compliance Training, Training Effectiveness, Psychometric Assessment.

We conduct high-impact Competency-Based Training programs through a well-defined assessment centre framework and analyze the gap with the help of competent faculties. Our L&D effectiveness design lies in its measurability and impacting desirable changes on the organization’s performance. Our L&D practice aims at capability building which integrates the development of systems, processes, skills, and competencies to create value for the organization.
We provide leadership training in all the spheres of employee life cycle such as managerial effectiveness, supervisory development, personal effectiveness, and soft skills. We also provide compliance training mandated by various labour legislations to familiarize with labour laws and other social security legislation. We enable management coaching and training to become an effective coach for the motivation and accountability of team members. We impart training on performance evaluation, coaching conversation, and insights. We conduct psychometric tests to identify the personality attributes and matching & gaps with the required competencies by assessing personality traits and preferences to capitalize on employees’ strengths & weaknesses. We help know employees’ personalities and mindsets to solve problems, make decisions, communicate with teams, and impact performance.