HR Consulting

I specifically want to work in strategic HR, dealing with big picture stuff rather than the day to day administrative stuff. I know there is human capital consulting and HR consulting and they're not the same things. 

Anyone here know anything about HR consulting and what the top firms and companies are so I can have an idea of where I want to end up? And comp and hours at these places. Is it possible to move from a strictly HR type role to human capital or management consulting

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Comments (7)

  • Associate 2 in Consulting
May 4, 2021 - 5:17pm

Not really sure what you mean by strategic HR consulting, or what types of big picture stuff you think HR deals with. HR consulting usually consists of cost benchmarking and cost cutting

Tons of firms do HR consulting, including MBB, some T2s, and all of the B4. There are also a lot of tiny boutique firms that do it

Moving from a full time HR role to a consulting role at MBB/T2/B4 will be exceptionally difficult outside of the B4, but maybe some smaller boutique firms might value your experience differently 

May 5, 2021 - 2:14pm

I guess I don't really know the exact name for it so much as I have an idea of what interests me. I find the administrative stuff like processing benefits and payroll, etc. to be very boring but the idea of big picture stuff like talent management to influencing culture and more strategic vs administrative stuff. 

  • Associate 1 in Consulting
May 5, 2021 - 2:53pm

Human Capital consulting is about much more than cost projects. Various firms, listed below by category, work in learning and development, organizational design, leadership, succession planning, advanced analytics, talent acquisition, assessment/test development, and more. Happy to answer any specific questions you have about these areas, as I've been working in this field for around 5 years and am headed to an MBB firm to specialize in their Org practice.

As for comp and hours, some places (like MBB) pay the same to all generalist consultants and similarly to specialist consultants (who may not have the same speed of promotion timelines and such, accounting for the difference in comp). Other firms, for example the Big 4, have different pay structures across their divisions so the comp may be different for human capital than tech implementation or other advisory categories. Hours are typically lower for government-focused consulting vs corporate/for-profit, and may be lower for boutique firms but that's highly dependent on the company. Comp could be lower for boutique firms as well, but some do compete on salary with the larger companies.

It's your choice where you want to end up. Job application acceptance rates for these companies differ from less than 1% at MBB to much higher at other, less selective companies. You should try to end up where someone will give you an offer.

Category 1: Generalist firms with an organizational/human capital practice area:

McKinsey Organization, BCG People & Organization Practice, Bain Organization consulting, Deloitte Human Capital, KPMG People and Change, PwC People and Organisation, EY Culture, talent, and leadership, OW Organizational Effectiveness, Kearney Leadership, Change, and Organization, and more

Category 2: Global, specialist firms that work on HR-related topics:

DDI, PRDI, Mercer, Aon Hewitt, Korn Ferry, CultureAmp, MHS, PDI, Gallup, Gartner, Willis Towers Watson, ghSMART, Maritz, etc

Category 3: Small, local firms that focus on these areas:

depends on your region - look for companies in your area with the search terms above

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