Magazine article Black Enterprise

Financing Your Personnel Handbook: When Determining Costs, Consider Printing, Consultant and Attorney Fees

Magazine article Black Enterprise

Financing Your Personnel Handbook: When Determining Costs, Consider Printing, Consultant and Attorney Fees

Article excerpt

Whether it's done in-house or outsourced to an agency specializing in human resources, putting together an employee manual will cost you. Just how much depends on several factors, including the size of your operation, whether a consultant will be used to aid the project and the source of printing. Attorney fees are an additional cost, but well worth it. Lawyers review the document for local and federal statutes as well as discriminatory language.

Donald Clark, past senior vice president of the Black Human Resources Network, says creating a handbook in-house, compared with outsourcing the entire project, provides some savings, yet it can still be costly. He estimates that businesses with less than 100 employees may spend $2,500-$3,000 to create the manual. This includes the use of how-to guides (which can be purchased in local bookstores for $100 or less) and binding and printing (which may run $500-$600 if done outside of the company). Clark also says printing the manual in-house will be slightly less, but advises businesses to seek an outside printing house for the best possible production.

The human resources director is responsible for creating the manual in-house, but more than one person within the organization: can help. Whether your company is large or small, Clark suggests using a how-to guide, which will walk you step by step through the manual's format and basic items. "That's the easy way to do it, and, in many ways, that's what a consultant would do," he says.

Of course, bringing in a consultant to create the handbook is another option, but this can prove to be costly, particularly for larger companies. "If you have a medium- to large-size company, consultants would probably large you $65 an hour," says Clark. Armentha "Mike" Cruise, president of Aspen Personnel Services in Takoma Park, Maryland, hired a human resource consultant. …

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