What did you write in that plan about how you would market your business, and how you would generate candidates???
In the last few weeks there have been a lot of postings from CiteHR members starting businesses, but appearing not to have thought through ALL the implications of this very carefully.
From my reading on CiteHR alone, the market in India seems thoroughly saturated with HR Consultancies, Recruitment businesses etc. It would appear that every man and his dog wants to start such a business.
CiteHR members tired of working for other people, and desirous of working for themselves would be well advised to find something unique and new.
15th May 2014 From Australia, Melbourne
Thanks for your Post reg. HR Consultancy & market saturation.
Many youngsters with degrees; not getting jobs; venture into Consultancy. Many fails unable to pay for rent, staff cost etc., some succeeds and puts up with some margin.
I started working as Assistant from 1979 after passing Degree. then APO, PO, DM(P), PM, AM, HRM, SR.HRM & AGM-HR&A. Recently, due to our Supreme Court ban on Iron Ore in Karnataka, our Steel Plant near Bangalore; Retrenched all employees. I am now Idle BUT, made all HR works of 25 yrs. in my PC to work as HR Consultant. I am 57 yrs. and healthy but unable to get regular job. Hence, I have decided to pursue Consultancy and contribute thru the helpof CiteHR and HR Patrons. I have been a regular reader of Cite HR from 2007 but due to work pressure, was not able to share or contribute( I was not knowing how to correspond/address with CiteHR). Under my EX-VP & GM-HR&A, I collected all HR matters in my PC. Further, we had 2 Consultants to assist in HR Policy Matters. It is human tendency to keep himself engaged in some activity in which he already worked or gained knowledge in the past. especially those who are hard working. Therefore, many Cos. today extend the service of those retiring ; to utilise his valuable exp. This also helps the Retiree for gainful employment.
As rightly pointed out by Mr.A.John, the market is saturated. Still; experienced professional can contribute for the benefit of HR due to their vast experience in handling all situations which many juniors may not be knowing. Today, most Cos. are headed by Technocrats and ignore HR. Though many Labr.Acts are there & welfare facilities can be provided; HR donot get consideration. Unfair treatment, Low wages due to unemployment, discrimination all adds to HR problems. Lakhs of money is spent for Tech. works; but HR is controlled even for basic needs. Technical people dominate many Cos. & donot allow HR to discharge its obligation to its own HR. Even when an employee is dying, HR is advised to follow rules than helping bereaved family.
I have set up HR Dept. in 2 of the Companies, Framed & Certified S.O., HR Manual, all systems, policies, Rules etc., I am furnishing below details of HR Jobs done to set up HR dept. etc., for ur kind infn. I also request other HR Officials who will be reading Citehr to contact me for their HR Consultancy needs and help me. THIS IS A REQUEST TO OUR HR FRATERNITY & ALSO CITE HR MEMBERS. I have all the Forms, Rules, Procedure in Soft/Hard copy to provide to needy HR Officials.
To CITE-HR MEMBERS; SIRS, THANKS FOR THE OPPORTUNITY. I ALSO SALUTE ALL MEMBERS FOR THEIR VALUABLE CONTRIBUTION WHICH HELPED MANY HR MANAGERS TO DEAL WITH DELICATE SITUATIONS. it helped me during our strike, Lay off & Retrenchment period.
================================================== ================================================== =
SUB: CONSULTANCY TO SET-UP / RUN HR Dept. / Framing of Standing Orders,
HR Manual, Employee Hand-Book, Training HR Officials, Providing All Policies,
Procedures, Leave Rules,, Formats etc., for Smooth Management of HR Works.
================================================== ================================================== =
After serving for 35 years (as Assistant, APO, PO, DM(P), PM, AM, Advocate, HR Manager, Sr.HR Manager & AGM – HR&A in HR,IR,LEGAL, & Admn., works of Steel Plant, Power Plant, Chemical Plant, Electronics & Mining Companies (with 800 - 3000 employees – including CL), I am now providing H.R. Consultancy (from Recruitment to Seperation) to assist HROfficials to frame 1. Standing Orders for Workmen (under Industrial Employment (SO) Act, 2. HR Manual (Company’s all Policies & Service Rules tobe given to HODs for Guidance & 3. Employees HAND- BOOK, - All Service Rules, Procedures, Duties / Obligations, Do’s&Don’ts of employees; tobe given to all employees to follow.
I have last worked with M/s.VSL Steels Ltd., Hiriyur (150 km from Bangalore). (Joined as HR Manager in 2007, Promoted as Sr.HR Manager & then AGM-HR&Admn. Recently, the Company Retrenched all employees due to Raw Materials problems). I was born and educated in Tunga Bhadra Dam (Bellary Dist), Karnataka. I know all South Indian Languages + English & Hindi
I have set up HR Dept. in 2 of the Companies & Administered all HR works, Framed S.O. , (Employees Duties-140 Points, Misconducts-90 Points), HR MANUAL, Employee HAND-BOOK, Leave Rules, all Service Rules, Policies like CA, TA, LTA, Medical Reimbursement / Treatment, Performance Appraisal / Incentive, Production Incentive, MB, Benevolent Fund, Advances for Medical Treatment, Marriage, Education, Purchase of House, Vehicles etc.,
HOW H.R. Dept. is SETUP in any Company / Estt. with 100+ Employee
MAJOR WORKS DONE to SETUP H.R. DEPT. on Joining NEW COMPANY AS HOD.
For Operational Purpose: Ist Designed & introduced Basic Formats for each Jobs like Advance, TA & Expenses Bill, Out, OOD & Visitors Pass, Leave Card & Register, Indent for Vehicles, Food, Room, Ticket booking, Man Power Indent, Candidates Details for Interview / Selection, (Comparative List), Interview Assessment Form for Selection, Check-list for Interview, Check-list for Appointment, Man Power / Master List details, Addition & Seperation, Man-Power Planning, Succession Planning, HRIS, MIS Reports, Categorising all Levels of employees, Register of Adult Workers. Register for Extra Work Done & Compensatory Off Availed,. Punching (Face Reader) to regulate In & Out Time, Job Description to all, Security Checks, Safety & Health – OHC., as per ISO / Management’s requirement.
As no Personal Files existed, Ist made new Company Application / Bio-Data Form and collected filled Forms from 300 employees, Appointment Orders issued & new Personal Files opened with all Certificates copies of DOB, Qlfcn., Experience, Salary, P.A. Forms, Career Progression etc., after Induction Process. Offer letter / Appointment Advices issued to newly Selected Candidates to join duty.
Absent Notice form to Monitor / Control Absence, Show Cause Notice, Enquiry. If employee fails to response, Terminate as per A.O.S. under Certified Standing Orders of the Company. P.A.Form to assess Performance for Regularisation of Trainees, Confirmation, Promotion, S.I. Transfer, T&D, All Terminations ,Retrenchment, VRS., Superannuation, Extension of Service., Resignation Procedures, Notice Period, Exit Interview, Clearance Certificate / No Due Certificate, Final Settlement, Service Certificate.
Applied and liaisoned to obtain Factory Licence, Contract Labour Regn., Licence, E.P.F., Insurance / Accident cover for employees (WC Act), Vehicles, Machineries. RTO, Bonus, Gratuity thru LIC, Sr.Exe. Superannuation Scheme.
CONDUCTED T&D Programs with 50 slides on Discipline, Attitude, House-keeping, HEALTH TIPS on AYURVEDA, PUNCHAKARMA for Stress, Worries, BP, SUGAR Problems etc.,
SETTING UP H.R. Dept. with S.O., HR MANUAL, HAND BOOK, ALL SYSTEMS , POLICIES etc., will HELP all MANAGERS & EMPLOYEES to know their DUTIES, DO’S & DON’TS, and MAKE THEIR CONDUCT CONFORMING TO SUCH RULES.
I have designed all Forms to suit every HR Jobs. FORMATS / RULES / GUIDELINES ON ALL ABOVE MATTERS ARE AVAILABLE and will be provided in Soft / Hard copy for your adoption. The Consultancy will be provided at your Offices OR ON LINE as per your needs.. Charges could be fixed
I request you kindly to peruse my case and inform me of your needs to work out the modalities to provide Consultancy.
Thanking you and awaiting for your kind response,
• C.Neyim, Ex-AGM (HR&A), H.No.FS 478, Dr.Ambedkar High School, CM Lay Out , Hiriyur, . . . . Chitradurga, Karnataka, S.India.• Mobile No. 9341111972 / 9535470460
Qualification: BA,LLB, PGDPM, MBA-HR, Ex-Member, NIPM, Calcutta,
Ex- Trainee-Member, Indian Institute of Management, B;lore.
20th May 2014 From India, Bangalore
Thank you for a very comprehensive post.
I understand the reasons why people want to set up for themselves. It is no different here in Australia. Jobs are rapidly disappearing, yet people still have to eat and put a roof over their heads.
It is also particularly hard for older people here in Australia. Young managers don't want old people. Sad fact of life, and made even worse by the fact that our government has just announced that they plan to raise the retirement age to 70 years. There will be no jobs for those people.
I myself am 64 and reach current retirement age next year. I cannot get work. I had contract work up until February this year, but my YOUNG boss decided not to renew my contract. There was no reason for him not to. I was doing my job, we had no problems, etc etc. Now people complain because they miss my knowledge and skills.
My background is in Administration, and I have over 45 years experience in all aspects. But no-one wants that now. So I am trying to re-establish my training business as I am a certified Trainer.
With your vast experience in HR, I would suggest that you could set up a HR Consultancy Business, and contract your services out to small start up companies who need to get the HR department set up in their organisation. You could offer a package whereby you go into the organisation, establish their HR functions and put all the processes in place. You hire and train the required staff to manage the HR function, and then leave them to get on with it. You can also offer ongoing fee for service assistance and advice for say 6 months after.
I would suggest this could be a very lucrative business for you, make full use of your skills and experience, and give you a good income, without the cares of working for someone else who doesn't care about you.
20th May 2014 From Australia, Melbourne