HerrinHR Company Profile

Background

Overview

HerrinHR is a full-service human resources (HR) outsourcing and consulting firm dedicated to assisting small and mid-sized businesses (SMBs) and non-profit organizations across the United States. The company offers a comprehensive suite of HR services, including strategic HR consulting, payroll processing, benefits administration, recruiting, training, and executive coaching. By partnering with clients, HerrinHR aims to streamline HR operations, ensure compliance, and foster organizational success.

Mission and Vision

HerrinHR's mission is to empower businesses by providing tailored HR solutions that align with their strategic goals, thereby enhancing employee engagement and driving growth. The company's vision is to be a trusted HR partner for organizations seeking to optimize their human resources functions and achieve sustainable success.

Industry Significance

Operating within the HR consulting and outsourcing industry, HerrinHR plays a pivotal role in supporting SMBs and non-profits by offering expert HR services that might otherwise be inaccessible due to resource constraints. The firm's comprehensive approach addresses various HR needs, contributing to the overall efficiency and effectiveness of its clients' operations.

Key Strategic Focus

Core Objectives

HerrinHR focuses on delivering strategic HR solutions that support clients' short-term and long-term goals. The company emphasizes compliance, risk mitigation, and the development of HR strategies that align with business objectives.

Areas of Specialization

HR Consulting: Providing expert guidance on HR strategies, policies, and best practices.

Payroll Processing: Managing payroll functions to ensure accuracy and compliance.

Benefits Administration: Overseeing employee benefits programs and ensuring regulatory compliance.

Recruiting: Assisting in talent acquisition to meet organizational staffing needs.

Training and Development: Offering programs to enhance employee skills and performance.

Executive Coaching: Providing leadership development to strengthen organizational leadership.

Key Technologies Utilized

HerrinHR employs a robust Human Resources Information System (HRIS) that includes features such as employee data management, electronic onboarding, applicant tracking, performance management, document management, and time and labor tracking.

Primary Markets Targeted

The company primarily serves small to mid-sized businesses and non-profit organizations across the United States, focusing on those with 5 to 500+ employees.

Financials and Funding

Specific details regarding HerrinHR's funding history, total funds raised, recent funding rounds, and notable investors are not publicly disclosed. The company operates as a privately held entity, and such financial information is not readily available.

Pipeline Development

As a service-oriented firm, HerrinHR does not have a product pipeline or clinical trials. Instead, the company focuses on the continuous development and enhancement of its HR service offerings to meet the evolving needs of its clients.

Technological Platform and Innovation

Proprietary Technologies

HerrinHR utilizes a proprietary HRIS platform that integrates various HR functions, providing clients with a comprehensive solution for managing their human resources needs.

Significant Scientific Methods

The company employs data-driven approaches and analytics to inform HR strategies, ensuring that decisions are based on empirical evidence and aligned with best practices.

Leadership Team

Mallory Herrin, SPHR, SHRM-CP, CPLC

Position: CEO and Principal HR Consultant

Professional Background: With nearly 20 years of progressive HR experience, Mallory has served as an HR consultant for a diverse range of clients across various industries in the United States. She holds certifications from both HRCI and SHRM and is a Certified Professional Life Coach.

James Herrin

Position: Co-founder

Professional Background: James is recognized for his full-cycle approach to employee benefits and his unique understanding of the intersection of compliance and HR technology. He is known as a "fixer" for his ability to identify and correct errors and inefficiencies in outsourced HR operations.

Competitor Profile

Market Insights and Dynamics

The HR consulting and outsourcing industry is characterized by a growing demand for specialized HR services among SMBs and non-profits. Organizations are increasingly seeking external expertise to manage HR functions efficiently, comply with regulations, and enhance employee engagement.

Competitor Analysis

HerrinHR operates in a competitive landscape with several key players offering similar services. Notable competitors include:

BambooHR: Provides HR software solutions designed to streamline HR processes for small and medium-sized businesses.

Netchex: Offers comprehensive HR, payroll, and benefits solutions tailored to various business sizes.

TREW HR: Specializes in HR consulting and outsourcing services for small to mid-sized companies.

Strategic Collaborations and Partnerships

HerrinHR has established partnerships to enhance its service offerings:

APS Payroll: Collaborated to provide integrated payroll processing services, enhancing operational efficiency for clients.

Operational Insights

HerrinHR differentiates itself through personalized, "white glove" service, offering customized HR solutions that align with each client's unique needs. The company's comprehensive HRIS platform further enhances its competitive edge by providing clients with a centralized system for managing HR functions.

Strategic Opportunities and Future Directions

HerrinHR is well-positioned to expand its market presence by leveraging its comprehensive service offerings and technological capabilities. Opportunities include:

Geographic Expansion: Extending services to new regions to tap into underserved markets.

Service Diversification: Introducing additional HR services or specialized consulting to meet emerging client needs.

Technological Advancements: Enhancing the HRIS platform with advanced analytics and AI-driven features to provide deeper insights and more strategic support to clients.