The Benefits of Outsourced HR Services
For many small businesses, managing the activities usually performed by a human resources department are done on the fly. Performance reviews, creating an employee handbook, or even setting vacation and PTO policies are dealt with as issues arise rather than strategically. The expense of a full-time HR professional is not always in the budget, so employee management duties fall to the owner or designated support staff. Or, the human resources director is being pulled in too many directions. The fact is, however, that businesses are subject to complex employment regulations or lawsuits, and the cost of misunderstanding or ignoring them can be steep. Bringing in outsourced HR services is a cost-effective way to protect your business and promote a positive work environment.
Outsourcing human resources functions means you have an expert in your corner. Full-service organizations can assist you with all aspects of managing your employees: employee handbooks, mandatory postings, training, EEOC claims, salary reviews, downsizing or growth planning and execution etc. Programs can be tailored to your needs and, in the case of PEO’s like Worksmart Systems, can include other services like payroll and employee benefits. HR services providers do not get involved in the activities of your day-to-day business. They serve as your partner to increase regulatory compliance and reduce employer liability while maintaining your company culture.
For organizations like Worksmart, HR services begin with payroll. Tracking the salaries, exempt and non-exempt status, overtime, PTO, taxes and health benefits for each employee has always been complex. With the new regulations passed over the past few years, the HR landscape has become even more daunting for a business to manage. Worksmart helps their clients address employer challenges by including HR services within their payroll programs. There are no hourly rates; the goal is to ensure that their clients never worry about incurring extra fees by picking up the phone and asking for advice or assistance.
If you already have a human resources staff, outsourcing can provide a robust infrastructure, saving time and money. Contracting with a one-stop-shop for HR services can streamline vendor relationships, such as medical, dental, 401K, other business insurance, payroll, and worker’s comp. It is also helpful to find an organization that also offers an HRIS, providing you one place to manage all of your employee data.
Looking for an outside partner to help manage the challenges that come with employing people is a powerful option for your business. Either you have access to a fully staffed HR department for less than hiring one person, or, your current HR staff can tap into outside expertise to help them perform at their best. I would be delighted to discuss how outsourced HR services can benefit your company. Send us an email, or give us a call at 317-663-4138.
