Download Our eGuide: 3 Benefits of Outsourcing HR
Learn more about outsourcing HR to help you save costs, stay compliant, relieve administrative burden, and more.
As a business owner, you know that having employees comes with a host of responsibilities. There’s hiring, benefits, payroll, onboarding, and training, establishing a culture, and hiring and attracting top talent — you have your hands full.
These and other tasks fall under human resources. And when HR is managed smoothly, you and your staff can focus on your primary responsibilities to help the business grow.
Ideally, you would have a dedicated HR professional on staff — and possibly even a whole team to manage HR. But this isn’t always the case, especially in a smaller operation with limited resources. And even if you have an HR team, there could still be work that is particularly challenging and requires more time or expertise than the team has available, which means other high-value tasks could end up on the back burner.
Luckily, you have options when it comes to managing HR. You can take a do-it-yourself approach or hire someone internally to manage it. Or you can outsource to an HR partner to share the workload. Both options have their advantages and disadvantages.
Many business owners either add HR duties to an existing employee’s role or hire someone to do it full time. But there’s also a third scenario, which is that business owners end up taking on HR themselves.
If you’re the person in charge of HR, you have to spend significant time on HR tasks instead of other high-value strategies and initiatives. Similarly, if another employee is handling HR, they have to split their time as well. But no matter who is managing HR in-house, all employee-related matters are solely the responsibility of your business.
Here’s what else to consider with HR if you’re the one managing it:
If you’re still at a manageable size, handling your HR internally is certainly an option. However, if you’re growing beyond five to ten employees, you might consider outsourcing your HR to a local partner. Some HR tasks waste time better spent on other business activities.
There are several signs your business is ready to outsource HR. If you’re new to the idea of outsourcing, think of it like this: Instead of managing all your HR in-house, you can contract with a third-party organization to handle certain functions and tasks for you. Outsourcing gives you access to specialized talent and experts to round out your HR needs — at a lower cost than if you were to hire for multiple HR roles internally.
A dedicated, local HR partner has the experience and expertise on hand to make sure your employees are cared for and compensated, your staffing needs are addressed, and your workplace challenges are resolved. They can also help ensure your business stays updated and compliant with changing regulations. And even if you have a well-equipped, internal HR team, you can still offload and consolidate many HR tasks to your partner so that everyone in your business can become more strategic in their focus.
Here’s what else to consider with outsourcing HR:
There is a big difference between outsourcing a portion of your HR workload to the experts and having to be an expert yourself. But when you work with an HR partner with specialized knowledge in multiple areas, you can avoid headaches, mitigate risks, and save costs. You and your staff can also focus your time and energy on the high-value tasks that drive revenue and business growth. If you’re ready to outsource your HR activities, reach out to us. If you want to learn more, download our guide on the three key benefits of outsourcing HR.