ABOUT MIIM
Who Are We
The MIIM Consulting is a boutique firm in Industrial and Organizational Psychology (I/O Psych) Consulting, offering specialized expertise and personalized services, such as talent acquisition, DEI, leadership and team work development, psychological assessment, organizational behavior, employee training, workplace well-being, HR technology and research.
The MIIM Consulting helps diverse clients, from Fortune 500 companies to small businesses, optimize their workforce and achieve strategic goals. Led by a team of experienced I/O psychologists and HR professionals with international working and academia backgrounds, the MIIM Consulting delivers innovative solutions tailored to each client's needs, fostering excellence, trust, and long-term success in today's dynamic business landscape.​
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Talent Acquisition and Retention Strategies​
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Change Management and Organizational Development​
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Performance Management Systems​
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Learning and Development​
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Remote Work Consulting
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Employee Well-being Programs
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DEI Consulting​
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HR Analytics and Data-Driven Decision Making​
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Leadership Development and Executive Coaching​
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People, Purpose, Culture & Strategy
The increasing diversity and multiculturalism in the workplace call for new strategies in Human Resource Management, leadership, and organizational culture. Organizations must adapt to these changes to remain competitive and effective in the globalized world. In today's era of globalization and extreme competitiveness, human and intellectual capital have become increasingly important. They are now recognized as key drivers of innovation, competitive advantage and market value. ​
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Globalization of Business Operations:
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As businesses expand internationally, we face complex HR challenges across different cultural and regulatory environments.
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Demand for I/O psychology and HR consulting services that can navigate these complexities is increasing.
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Remote and Distributed Teams:
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The rise of remote work has led multinational companies to manage distributed teams across various geographies, creating a need for specialized consulting services.
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Diversity, Equity, and Inclusion (DEI):
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Multinational corporations are focusing more on global DEI initiatives, requiring consulting expertise to implement effective strategies worldwide.
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Leadership and Talent Development:
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Developing global leadership pipelines and managing diverse talent pools are critical for multinationals, driving demand for consulting services.​
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Employee Selection and Recruitment
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Training and Development
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Performance Management
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Organizational Development
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Workplace Well-being
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Employee Motivation and Engagement
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Research and Data Analysis
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Leadership Assessment and Development
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and more...
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Industrial & Organizational Psychology
Why The MIIM?
Human capital expenses generally constitute a significant portion of a company's operating budget. Small Businesses: May spend thousands to tens of thousands of dollars annually on human capital. Medium-Sized Businesses: Typically spend hundreds of thousands to several million dollars annually. Large Corporations: Can spend tens to hundreds of millions of dollars annually on human capital. 40%-90% of a firm's value can be attributed to its human capital. ​​
Salaries and Wages
This is typically the largest component of human capital expenditure. In many organizations, payroll expenses can account for 20-50% or more of total operating costs.
Benefits
Includes health insurance, retirement plans, paid leave, and other employee benefits. On average, benefits can add an additional 30-40% on top of base salaries.
Training and Development
Investments in employee training, professional development, and leadership programs. Companies in the U.S. spent an average of $1,286 per employee on training in 2022.
Recruitment and Onboarding
Costs associated with hiring new employees, including recruitment marketing, agency fees, and onboarding processes. Average cost per hire in the U.S. is around $4,000.
Performance Management
Systems and processes to evaluate and improve employee performance, including software and appraisal systems. Costs vary significantly depending on the complexity and scale of the systems used.
Employee Engagement and Well-being Programs
Initiatives to improve employee morale, engagement, and well-being, such as wellness programs, team-building activities, and mental health support. Companies may spend $100-$500 per employee annually on these programs.
Workplace Safety and Compliance
Ensuring compliance with labor laws and maintaining safe working environments. Costs can include safety training, equipment, and compliance audits.
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Our team of I/O Psychology professionals has years of experience helping businesses of all sizes achieve their goals and reach new heights of success!
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