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HR Consultant Mock Interview

Question 7 of 40 for our HR Consultant Mock Interview

HR Consultant was updated by on March 31st, 2021. Learn more here.

Question 7 of 40

As our next HR Consultant, what cost saving experience within HR would you bring to our team?

"Cost savings can and should happen in many ways in an impactful HR department. From recruitment costs to labor costs, I always keep an open eye to being wise with company spending. Two years ago, I led the charge to have my current organization join a benefits consortium and leave our own private health, dental and vision insurers. The new consortium was a win-win for both my organization and all employees as the company was paying lower costs per employee, and the staff had lower out-of-pocket premiums, lower yearly deductibles, and a larger provider network to choose from."

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How to Answer: As our next HR Consultant, what cost saving experience within HR would you bring to our team?

Advice and answer examples written specifically for a HR Consultant job interview.

  • 7. As our next HR Consultant, what cost saving experience within HR would you bring to our team?

      How to Answer

      With many issues facing businesses and industries today, organizations are always looking to save expenses, and the Human Resources department can surely be tasked with helping the bottom line. While there are many ways you can talk about cost-saving measures in the work you will be doing in this role, it is vitally important that you reiterate that these cost-saving measures do not jeopardize the overall employee experience and engagement in their work. As you talk about cost-saving measures you are familiar with that are effective, highlight how they also can help the overall employee experience.

      Written by Ryan Brunner on August 24th, 2021

      Answer Example

      "Cost savings can and should happen in many ways in an impactful HR department. From recruitment costs to labor costs, I always keep an open eye to being wise with company spending. Two years ago, I led the charge to have my current organization join a benefits consortium and leave our own private health, dental and vision insurers. The new consortium was a win-win for both my organization and all employees as the company was paying lower costs per employee, and the staff had lower out-of-pocket premiums, lower yearly deductibles, and a larger provider network to choose from."

      Written by Ryan Brunner on August 24th, 2021