Outsourcing HR has become a pretty big thing in recent years, and for good reason. Companies are changing, and more and more small to mid-size businesses are popping up, and needs are different from what they used to be.
Why is outsourcing HR a good thing?
It saves your company time and money.
The responsibilities of an HR person are many. You need someone who can handle recruiting, training, payroll, benefits, taxes, and who is aware of constantly changing local, state, and federal regulations. You could try to handle it yourself, but then you are spending your time and money dealing with paperwork and resolving issues, instead of doing the work you always dreamed of. You could also hire an HR person, but finding the right person with all the skills takes a lot of time and money in and of itself, and then you have to hope they stick around. By outsourcing your HR, you have access to a whole team of people with specialized training, often for less than what it would cost you to hire one person.
You can attract and retain the best employees.
You have someone who knows how to find good people, and how to get them hired. Outsourcing your HR can mean you don’t have to worry about onboarding, training, or all the paperwork that comes with hiring. You can let professionals build a great team for you. Your HR team can also help with better benefits, and making sure your employees have all of their questions answered, and are kept informed. An informed employee is a happier employee, and a more productive employee.
It decreases liability.
Having employees comes with a lot of liabilities. You need to know about the risks associated with being an employer. When you outsource, you can be assured that your HR knows what to do when dealing with health and safety, grievances, payroll laws, policies, and when necessary, dismissals. When your HR is aware of how to handle all of these things, you significantly reduce the risk of your company running into trouble.
You have someone available for HR needs all the time.
When you outsource, you have a team of people who can work for you, so you don’t need to worry about your HR taking time off, getting sick, or leaving your company for another job. You have HR professionals available to you and your employees whenever you need them, so you can focus your time on handling the other parts of growing your business.
With all of these reasons and more, outsourcing HR can be a fantastic option for many companies. Contact us today to see how we can help make your company more successful!