Charas Consulting, Inc

Charas Consulting, Inc. provides small- and mid-sized organization professional services in the area of HR Strategy, Executive Compensation, Board-level, and M&A consulting. Examples:* Sales Compensation Design: Achieved a 40% increase in revenue and 2% increase in profitability, while decreasing relative payroll costs by 4% through a redesign of sales incentive compensation * Information Management: Realized a 12% productivity improvement through introduction of organization-wide HRIS/Talent Management solution * HR Strategy: Saved over $5 million in recruiting costs alone by reducing attrition from 32% to 9% per year * HR Efficiencies: Saved over $250K in fixed costs by reducing HR department by 30% while achieving higher levels of productivity and level of overall HR services and a resulting 6% increase in revenues/employee * M&A Due Diligence: Lowered purchase by over $45 million on a $4 billion transaction by identifying hidden liabilities and cash triggers in change-of-control agreements * HR Programs: Eliminated over $1.8 million in expenses annually in TPA fees, while enhancing benefit plan offering * Executive Compensation Design: Engineered multi-country equity-based (both real and phantom) reward program. With deep experience as a management consultant, Corporate Executive and on Boards, we are advisors that not only understand enterprise risk management, can evaluate the impact of all HR programs against the rigors of risk and financial analyses.