D B Annual A Costs 2 In-house HR 3 Oursourced HR E F G . What should the CEO do? Headcount In-house Outsource 120 130 -Nm 70 000 140 in Year 1 in Year 2 150 160 170 200 You can make your own payoff table. You don't have to use this template. Hiring per month Monthly 7 In-house HR 2 8 Oursourced HR Up to 7 9 10 11 Headcount estimates next 2 years 12 2022 140 13 2023 175 14 2024 250+ 15 16 Instructions 17 Shiva is CEO of a rapidly growing tech company called CAPICA.IO in LA with 100 current employees 18 She needs a data-driven decision on what she should do so she doesn't mess this up. 19 It's time to hire a full-time HR Director, but she's also heard about these HR Outsourcing firms that seem to be a great option 20 Her peer group (10 CEOs that meet weekly) are sorta split half and half, on in-house and outsourced HR, more in-house though 21 What should she do? 22 The in-house HR person would also be recruiting new employees. They will cost $150,000 salary for a person with 3-5 years experience at the director level 23 The outsourced HR (example: https://www.modernhr.com/services/) will cost $15,000 per month but comes with tons of resources and a team of well-qualified people 24 The in-house person requires a 3 month ramp up period before they're really recruiting new employees well. 25 The outsourced copmany hits the ground running on day 1 since they do this all day every day. 26 Each year, there is no real change in hiring abilities per month, they don't get better or faster at hiring. 27 To afford the outsourced provider, the CEO might hold off on hiring her new assistant for a couple months but it's not certain. 28 The outsourced provider also does a ton of other things as part of their package, including new employee handbook, trainings, and other compliance items 29 Make 2 payoff tables: year 1 and year 2 30 What's your recommendation? And why? D B Annual A Costs 2 In-house HR 3 Oursourced HR E F G . What should the CEO do? Headcount In-house Outsource 120 130 -Nm 70 000 140 in Year 1 in Year 2 150 160 170 200 You can make your own payoff table. You don't have to use this template. Hiring per month Monthly 7 In-house HR 2 8 Oursourced HR Up to 7 9 10 11 Headcount estimates next 2 years 12 2022 140 13 2023 175 14 2024 250+ 15 16 Instructions 17 Shiva is CEO of a rapidly growing tech company called CAPICA.IO in LA with 100 current employees 18 She needs a data-driven decision on what she should do so she doesn't mess this up. 19 It's time to hire a full-time HR Director, but she's also heard about these HR Outsourcing firms that seem to be a great option 20 Her peer group (10 CEOs that meet weekly) are sorta split half and half, on in-house and outsourced HR, more in-house though 21 What should she do? 22 The in-house HR person would also be recruiting new employees. They will cost $150,000 salary for a person with 3-5 years experience at the director level 23 The outsourced HR (example: https://www.modernhr.com/services/) will cost $15,000 per month but comes with tons of resources and a team of well-qualified people 24 The in-house person requires a 3 month ramp up period before they're really recruiting new employees well. 25 The outsourced copmany hits the ground running on day 1 since they do this all day every day. 26 Each year, there is no real change in hiring abilities per month, they don't get better or faster at hiring. 27 To afford the outsourced provider, the CEO might hold off on hiring her new assistant for a couple months but it's not certain. 28 The outsourced provider also does a ton of other things as part of their package, including new employee handbook, trainings, and other compliance items 29 Make 2 payoff tables: year 1 and year 2 30 What's your recommendation? And why
