HR Outsourcing
Many small businesses do not have the necessary infrastructure to maintain a comprehenisive HR department or manager. In many cases, the business owner will perform the HR tasks of hiring and dealing with employee-related issues. And, in some cases, the business owner may assign the HR tasks to another employee who may not be adequately trained or experienced to effectively handle such matters of legal significance.
This is where outsourcing HR can provide the very solution business owners need. Outsourcing your HR can help reduce the fixed cost of managing employees. HR firms can be more efficient because the talent and infrastructure are already in place and are better able to offer a wider range of benefits. Small businesses can reduce risk and save money and time.
Human Resources Consortium
Under our Human Resources Consortium (HRC), business owners can affordably outsource their company's HR functions through our HRC 365 © and retain our services through our affordable monthly member relationships.
- HR memberships
- Coaching and consultation
- Employee handbooks
- Hiring and pre-screening
- Letter writing and review
- Other HR services
Corporate University
Our employee and management training services are offered through our nonprofit organization, Corporate University. Under our nonprofit, we are able to extend professional workshops, classes, and online education to businesses at a reasonable cost.
Outsourcing your HR reduces the fixed cost of managing employees.
Studies Validate Outsourcing HR
A 2012 study by noted economists Laurie Bassi and Dan McMurrer found that businesses that outsourced grew 7-9% faster than firms that didn't, but that also could be because fast-growing companies are more likely to need HR outsourcing. They also had 10-14% lower employee turnover and were 50% less likely to go out of business. Their administrative costs were $450 lower per employee.
One study showed that companies saved 24-32% of the cost of hiring an HR staff in-house. Shell Oil cut its HR budget by 40% in four years. It combined outsourcing with other strategies to lower departmental costs. A 2011 report revealed a 32% savings from HR outsourcing.
Request a complimentary consultation regarding HR Outsourcing.
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