HR Consulting Services in Mumbai

There is a myriad of companies which offer HR services in Mumbai. However, if you select an incompetent HR services partner, then finding the right resources for you company, their onboarding, payroll and many other HR activities will be impacted. These irregularities will impact the candidates and the good ones might even think of joining your competitor.

Before outsourcing your HR services, you need to keep quite a few things in mind. Ma Foi is a respected name in the industry and along with cost-saving you will get many other benefits if you outsource your HR services to us.

If you choose to outsource the HR activities to us, you can focus on your core business and that will increase the efficiency of the sales and operations teams of your company. Outsourcing HR services gives you access to knowledge about the latest trends in business methodologies, and it will mitigate the risk for you. Since labor laws and other HR practices keep changing from time to time, we will take care of them on your behalf.

HR CONSULTING SERVICES IN MUMBAI

To outsource or not to outsource? It is a question to many all-scale business owners as they expand their scale of operations. For any business decision, thorough research is necessary to ensure the right partner is selected. So, let us understand the basics of HR outsourcing and consider some important factors when selecting an HR provider in Mumbai.

What is HR Outsourcing?

While your business expands you may find that you no longer have the capacity to manage the day-to-day administrative tasks. That’s where an HR consulting company plays a major role. HR outsourcing companies take care of major responsibilities of your business. An HR service provider takes on some of the client’s HR functions. This includes recruitment, payroll administration, and employee performance management. The service provider is paid a fee by the company for performing these functions. So, when a service provider takes care of these functions, you can focus on other important matters in your business.

Benefits of outsourcing HR

Outsourcing your responsibilities to an HR outsourcing company provides you with the following benefits

Cost-saving

Most small and medium-sized business prefer to outsource their HR services instead of hiring professionals. Once the HR services are outsourced, you can avoid overhead costs. Also, outsourcing costs are variable and can be reduced or increased according to your business requirements.

Increases efficiency

Many companies outsource HR functions as it leads to greater efficiency. When companies outsource HR activities, business owners can focus on other core business activities.

Risk Management

One of the main reasons for outsourcing HR services is risk management. Most of the laws keep getting updated regularly and so it becomes difficult for companies to remain up-to-date with the latest methodologies. Outsourcing service providers have HR professionals who get updated with the latest methodologies. So, outsourcing HR services in Mumbai gives you access to knowledge about the latest trends in business methodologies.

Management of employee performance

The overall development of an organization helps support employee growth. So, the overall growth and time to deliver improve when you have an HR service provider. Outsourcing firms often monitor the performance and also help in their training. This in turn reduces the administrative responsibilities of the actual HR managers.

Gleeful Employees

By outsourcing HR services, you can grow your business without worries. You will attract the best candidates when hiring. When you have an effective HR partner to build your business culture, you can accomplish a positive impact. As a result, your employees are happy and cheerful.

Flexibility

Do you know the reason why human resource services are outsourced? Flexibility is a crucial benefit of human resource outsourcing. It helps companies to focus on their business goals and objectives seamlessly.

Streamlining Hiring Process

Building good employee relations is a key aspect of any business. With the help of human resource outsourcing, it is easy to provide an efficient and professional hiring process.

Managing Time-consuming Tasks with Ease

HR tasks are time-consuming and may seem like an uphill task. Human resource outsourcing services will take care of basic everyday HR tasks like a piece of the cake. We manage all claims and leave administration. Thereby, you can save time and energy.

Better Employee Training and Improvement

To stay updated, your employees require periodical training activities. Modern companies need to know the importance of training in both personal and professional ways. It is indeed a wise choice to partner with the best HR outsourcing company to accelerate your company in the direction of growth.

How does HR outsourcing reduce cost?

HR outsourcing services can save your company money in the following ways

Increased employee retention

Employees may leave due to many reasons. The HR service companies will help to reduce that risk by offering employee benefits and other competitive benefits.

Greater buying power

Your company will get buying power through economies of scale.

Smoother onboarding

HR outsourcing providers take care of the onboarding processes of new employees. Your new employees will be able to submit any required forms and sign documents through an online portal.

What HR services can be outsourced to Ma Foi?

As a human resources company, we offer the following services

HR Audits

We help you to conduct a Human Resource Analysis to provide recommendations on HR functions that can be improved.

Employee recruitment and training

From creating and posting jobs, employee recruitment can be time-consuming. We do all the legwork before the actual interview is conducted. We offer employee training programs targeted to your employees’ specific job functions.

HR portal

Electronic recordkeeping means less paperwork and access from anywhere with an internet connection. Our online portal makes it easy for companies to track and reviews documents.

Staffing

There are times when the company needs specialized personnel immediately on a contract. The clients opt for a temporary staffing solution.

Employee Management

Your employees are the key pillars of your company. Employee management involves promoting work-life balance among employees and better stress management.

Leave Management

With the leave management service, companies can make their leave tracking process simpler than ever. A good leave management policy should be in place to handle employee time-off requests so that your business runs smoothly.

Payroll Management

With the help of outsourcing HR services, we can manage complex payroll tasks easily and quickly without any errors. The companies benefit through proper payroll management to track and manage the wages of employees.

Performance Management System

If you want to focus and work towards the main objectives of your company, we help you with employee productivity by implementing a robust, well-designed performance management system.

Employee Grievances Management

Our grievance solutions include providing guidance and managing associated legal processes and documentation. These solutions help companies deal with grievance complaints.

Guidance from a Dedicated HR Expert

With our dedicated HR expert, business leaders can make their decisions easier and set the foundation for growth.

Leadership Development and Training

We focus on leadership development for companies to reap long-term success. As a result, the HR service boosts employee satisfaction and delegate skills.

Compliance Review

An HR compliance audit is a crucial tool for businesses to make sure the company’s practices are in sync with employment laws.

Role of HR managers

HR managers play a pivotal role to achieve organizational objectives. It is the HR people who perform activities and achieve goals. So, human resource is a must in an organization. They participate in the identification, development, and execution of corporate objectives. Today’s HR professionals play an active role in helping employees advance in their careers. They help identify the areas of improvement and develop action steps for the employees.

Why to select HR consultancy in Mumbai

Ma Foi is the leading HR consultancy in Mumbai, helping a diverse set of clients with efficient HR services. We have highly skilled HR professionals who understand their requirements and intricate details to provide personalized solutions. Ma Foi is the perfect destination for HR services and solutions. With proper guidance and support, your business is set to march toward growth.

Our expertise in HR services is a great asset for your business to grow in leaps and bounds. Here are the top reasons that help you decide to select Ma Foi HR services in Mumbai.

Employee Benefits

We know that employee benefits are complicated and time-consuming tasks. That is where we come to help you with HR tasks while you can focus on your company’s core activities.

Seamless Business Communication

Our biggest strength is the commitment to drive value to your business. Communication is a key element of all businesses. If there is any lack of communication, our HR consulting services will communicate incessantly with meticulous clarity with the operations team for enhanced evaluation and better solutions.

Enhances Productivity and Efficiency

Through our efficient HR consultancy service, we are ready to enhance the productivity and efficiency of your employees. Creating a culture of communication will undoubtedly improve morale among a workforce.

Enables You to Focus on Your Business

When you have outsourced HR services to Ma Foi, you can be stress-free and pay more attention to your core business.

Minimize Compliance Risks

It is wise to hire Ma Foi to take care of the compliances of your business as we are more aware of the laws and regulations. Hence, you can minimize compliance risks for your business.

What are you waiting for? Hire the best HR consultancy in Mumbai, Ma Foi, to show you the right path and give insights to follow and implement. Whether it is talent acquisition, performance, or management, Ma Foi will bring expertise to make precise strategic decisions on the table.

Insights

Case Study

Business Diversification and Entry Strategy for a Match Consortium

Ma Foi’s Strategic excellence helped a client to step into the landscaping and home gardening industry in the global marketplace by building a robust strategy backed by thorough data

Case Study

Marketing, Branding and Pricing Strategy for boosting the domestic business of an MSME enterprise by leveraging distribution channels

Ma Foi’s extensive market research and a sound strategic acumen helped a state-owned enterprise to identify important products, markets and channels to consolidate its business in India

Case Study

Delivering Investment Advisory through in-depth understanding of investor requirements/trends and extensive investor reach

Ma Foi’s structured intervention helped a leading taxi aggregator identify effective growth strategies, reach out to right investors and seek Equity Investments

Meet Our Team

Banu
Head of HRCM
Santhosh Nair
Director
Adithya Narayan Misra
Director

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Frequently Asked Questions

HR consulting is a professional advise provided by a third party (HR Consultants in Mumbai) to expand and strategize the growth and development of a business more from HR perspective. HR Consultants in Mumbai support business owners in aligning their human resource to the business agendas in an engaging, meaningful, productive and efficient manner.

HR Consultants in Mumbai can optimise the use of human resource leading to cost saving. They can help in setting a performance driven culture across the organisation to achieve the common goals; attract, engage, manage and retain human resource fairly and efficiently and built agility within the various facets of the HR system to support growth.

It is always advantageous to choose a HR consulting firm in Mumbai with more than decade of experience and credible legacy. Look out for someone with an approach that focuses on customising solutions to suit your business needs considering the organisation’s culture and maturity level, flexible and determined with an ability to navigate to the goals.

Some of the benefits of HR outsourcing in Mumbai are:

  • Cost saving
  • Increased efficiency
  • Flexibility
  • Improved systems to effectively engage and manage human resource
  • Standardised policies and practices
  • Better ideas and approaches with third eye perspective
  • Reduced employer liability
  • Improved employee relations
  • Frees up time to focus more on business

Yes, by outsourcing organisations can build a matured HR system which can support in cost reduction not only related to HR activities but also at organisational level through an integrated approach and interventions.

There are many HR consultancy services in the city of Mumbai that offer consulting services and HR Solutions. Ma Foi Strategic Consultants Private Limited is a pioneer and well know HR consulting firm with high reputation in Mumbai, India.

What can we help you achieve?