We report on extending hard X-ray emission spectroscopy (XES) together with resonant inelastic X-ray scattering (RIXS) to study ultrafast phenomena in a pump-probe scheme at MHz repetition rates. The investigated system consists of low-spin (LS) Fe II complex compounds, where optical pulses induce a spinstate transition to their ≈ nanosecond-lived high-spin (HS) state. Time-resolved XES clearly reflects the spinstate variations with very high signal-to-noise ratio, in agreement with HS-LS difference spectra measured via thermally induced spin crossover, and reference HS-LS systems in static experiments. 1s2p RIXS, measured at the Fe 1s pre-edge region shows variations after laser excitation, which are consistent with the formation of the HS state. Our results demonstrate that now X-ray spectroscopy experiments with overall rather weak signals, such as RIXS, can be reliably exploited to study chemical and physical transformations on ultrafast time scales.