How much time does your staff dedicate to HR related work? And how much are you spending time on employee mandatory like health insurance?
For many businesses, dedicating tremendous amount of time and money on managing employee paperwork could only make less effort on HR management. Here are 5 ways to save time by outsourcing your HR.
1. Redistribute Your Employees’ Time
When you’re outsourcing human resources instead of giving it to your own staff to deal with, you can give other tasks to your professionals. Small businesses often do not have an employee on staff whom is dedicated to human resources management. Instead, other staff members are forced to spend their valuable time handling tasks they do not excel at. This in turn causes their other work to languish and productivity to suffer.
Who is currently handling your human resources? An office administrator? Another managerial staff member? You? Your time, and your employees’ time, is valuable. Imagine how much more productive your employees would be if they were focusing their time and energy on tasks you actually hired them for. An office administrator may do an excellent job organizing the office, but may not do well with HR since he or she is not an HR expert. When you waste your employees’ time, you waste money. Outsource your human resources department and let your employees get back to their job descriptions. Ultimately, you will save money.
2. Reduce Your Liabilities
Another area where you may not be as well versed as a human resources expert is the area of law. Employee lawsuits are expensive, and unfortunately even when you make your best efforts to avoid them, legal issues may still arise. State, local, and federal laws governing employment are complicated and change regularly. Instead of struggling to keep up with the shifting
regulations and the complexities of employee lawsuits, why not hiring an expert to help you avoiding legal hassles and resolve them when they come up? Consider the cost of a single lawsuit, and then think how much money outsourcing your HR department could save you on lawsuits alone.
3. Recruit Better Talent
By choosing to outsource staffing jobs, you can find better talent in the process. One of the many responsibilities allocated to your HR department is to bring new talent on-board that can bring value to the workplace. Finding the best candidates is often a slow, tedious process, and if you don’t have an expert, your recruiting staff may struggle to reach out to the right population of job candidates.
When you outsource HR services, you hand over your job candidate search to experts who excel in post job listings and know how to reach out to the most qualified professionals. Recruiting can be a time-consuming process, but you can actually cut back on your recruiting budget by merging it with your HR outsourcing budget. Another way recruiting can take a financial toll is if you have a position that remains unfilled for an extended time period. During that time, you lose functionality and other members of your staff are forced to compensate. Cutting down on your recruiting time can enhance your company’s productivity.
4. Reduce the Cost of Labor
Another way that a professionally outsourced human resources department can help you is by reducing the cost of maintaining your employees. HR experts can look over your payroll, your benefits plans, workers’ compensation, and other aspects of your employment plan. HR professionals can spot areas where your plan could be improved and costs could be reduced without decreasing the value you provide to your employees and the value they return you. Even for a relatively small business, thousands of dollars could be saved every year with that method.
5. Reduce Employee Turnover
Employees turn to HR departments as much as employers do for solutions to their problems. If your human resources department is unhelpful or incompetent, employees can become frustrated when they are unable to solve issues. This can consequently increase turnover as employees leave your company to find a company that looks after their needs. By outsourcing your HR administration, you can bring experts onboard who will have the time, resources and know-how to look at your employees’ needs and ensure that they are happy. Happy employees stay on with their companies and don’t leave at the first chance they get.
When the human resources administration knows what it’s doing, your employees will have clear expectations regarding their duties and will perform more efficiently. The HR department can also take the time to organize team building exercises and other employee activities which create a more cohesive and enjoyable workplace for everyone. When you’re relying on other members of your staff to turn away from their own duties just to manage payroll, benefits and other necessary aspects of HR management, they often lack the time they need to arrange these extras.
For more information about HR outsourcing service, please view Talent Spot website:
