If your company is considering outsourcing all or part of your Human Resources functions, then you are part of a growing trend of people that are seeing the benefits.
Outsourcing your H.R. processes makes a lot of sense for a lot of businesses. Since your H.R. Department isn’t a profit centre for your business, but it still crucial to your success, it can be extremely beneficial to outsource as a way to save money while still providing more value to your team.
The Society for Human Resource Management (SHRM) surveyed hundreds of companies about their outsourcing habits, and found that the most common reasons for outsourcing were:
- to save money
- to allow the company to focus on strategy instead of administrative tasks
- to improve compliance so they can avoid the risks associated with not meeting requirements
- to improve accuracy
- to add additional experience to their team that they don’t have in-house already
- to gain access to additional technological advances that an outsourced company like ours has access to
Outsourcing Human Resources makes sense. It is a way for small to medium companies to gain the expertise and efficiency of having an HR Department without the expense and hassle.