Shared Time Human Resources Management, Inc.
Human Resources Consulting: Recruit. Retain. Resolve.

Human Resources Case Studies

HR Updates

 

The following Shared Time Human Resources Management, Inc. case studies exemplify the opportunities and challenges we undertake on behalf of our clients and the sound, value added solutions we provide.

 
 

Human Resources News and Case Studies

 

HR Case Study 4

Electric Product Manufacturer and Distributor Saves $1.35 Million

Providing value to its clients since 1993, Shared Time Human Resources Management, Inc. is a value-oriented human resources solutions company. Through private consulting and custom-designed systems, STHRM, Inc. presents a high-value/low-cost solution to fixed-cost human capital issues. STHRM, Inc. staff has more than 30 years of corporate human resources experience with Fortune and Inc. 500 companies as well as privately owned businesses.

Challenge

The client is a privately held company that manufactures and distributor electric products. The challenges arose from the deteriorating economy.

Solution

Shared Time Human Resources Management, Inc. was hired in the capacity of an Interim Director, Human Resources.

Accomplishments

Shared Time Human Resources Management, Inc. accomplished the following objectives:

  • Performed a comprehensive analysis of the present state of Human Resources effectiveness

  • Developed and executed a salary reduction in force (RIF)

  • Assisted with guidance in preparing for labor contract negotiations and strike contingency planning

  • Completed an hourly workforce reduction in force resulted • Revised and updated the Company’s Ethics Policy

  • Developed and implemented an Office Performance Management System for both exempt and office clerical employees

  • Developed and implemented HR Scorecard to track HR metrics

  • Clerical positions were rated as exempt therefore misaligned to FLSA and re-evaluated as non-exempt

  • Successfully handled/concluded various employee relations issues

Financial Results

Shared Time Human Resources Management, Inc. provided client operating income improvement through savings of $1,135,000.

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