As a small or medium-sized business, you know you have to make choices in your operations. For a lot of SMBs, HR departments are not considered a necessity. However, human resources is a critical component to the smooth operation of any organization. What do you do if you don’t have the resources for an in-house HR department? Many SMBs are turning toward HR process outsourcing. Here are just three benefits to consider.
You’ll Save Money and Time
The business adage is true: Time is Money. But there are a lot more moving parts than just that. When you outsource HR functions, you’re going to get back plenty of time to focus on other aspects of your business. But you’re also going to save money on HR software, employees, payroll and time management, paperwork, and training. All of this can be handled by your HR partner company, who will take on all of the essential aspects of hiring and managing your team of employees so you can run your business.
You’ll Ensure Compliance and Risk Management
A significant aspect of human resources is legal employment compliance. HR and employment law are complicated subjects, and there’s no need for you to become an expert when you can rely on experts. Not only will you have your in-house policies, but you also need to stay on top of state and federal employment regulations. Your outsourced HR partner will be able to keep track of and enforce policies. As a part of this process, they will manage the risk to you and your company.
You’ll Have Access to Experts
Relying on an outsourced human resources team means that you can depend on your partners for their expertise in more than just federal and state legal requirements. They are trained in every aspect of employment, from sourcing qualified candidates to recruiting and interviewing the top picks. They will prescreen potential employees for you to select. They will also process all of their new hire paperwork and onboard new team members so both the employees and you can feel confident about the new working relationship.
Do you want to know more about outsourcing HR?
Anserteam Workforce Alliance represents North America’s very best staffing agencies aligned together to deliver world-class workforce management solutions. We offer end-to-end talent services that can be customized for any size business, utilizing our Managed Services Provider (MSP) model and Vendor Management Solutions (VMS) technology. Is your organization seeking a WBENC-certified diversity partner to provide measurable results and substantial cost savings?