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How We Evaluated HR Outsourcing Options
An HR outsourcing firm is there to support you in managing the people-related functions within your company. Therefore, we evaluated HR Consultancy Services options based on a typical small business’ needs for a range of HR functions.
We found that up to 65% of businesses outsource some aspect of their HR functions, such as staffing, payroll processing, or benefits administration. While larger companies with HR staff may outsource only one aspect, small businesses, with no internal dedicated HR manager, needed broader options. Because of this, we focused on five types of HR Consultancy Services that could provide most all these HR services in one company or resource.
On average, businesses spend about $1,465 per year per employee on HR-related expenditures. We chose to compare and contrast each of these HR outsourcing options by looking at the basic HR services a small business would need that would keep them at or under this price range.
The final factor we considered is education and certification. We wanted to provide options that you could trust because they have been vetted and certified by agencies such as SHRM or HRCI.
Best HR Outsourcing for Onsite Support: HR Consultant
We find an independent HR consultant is best for those who want the benefit of someone working side-by-side with you at your location and helping you identify your HR needs as your business grows. A consultant working a few hours a week will typically cost much less than a full-time HR team member at around $60,000 per year, according to average HR salaries on Glassdoor.
Company can handle such functions as payroll processing and administration and providing employee orientation Service and other services such as:
Employee Assistance Programs
Drug Testing and Background Checks
Handling payroll
Ensuring human resources compliance
Managing workers’ compensation
Ensuring human resources compliance
Managing workers’ compensation
Overseeing safety and risk management
Providing and managing employee benefits and retirement programs
Ensuring compliance with employment-related laws
Providing resources and guidance toward increased productivity
Recruiting
Benefits Administration, including insurance, Section 125 plans, consulting and COBRA
HR Management, including employee handbooks, manuals, compensation and training
HR Technology functions such as reporting and payroll/benefits integration
Total Outsourcing, involving complete replacement of the in-house HR function Visit Here
Providing and managing employee benefits and retirement programs
Ensuring compliance with employment-related laws
Providing resources and guidance toward increased productivity
Recruiting
Benefits Administration, including insurance, Section 125 plans, consulting and COBRA
HR Management, including employee handbooks, manuals, compensation and training
HR Technology functions such as reporting and payroll/benefits integration
Total Outsourcing, involving complete replacement of the in-house HR function Visit Here
Author : Yogita Yadav
Address: 305, Silicon Tower, Behind Samrtheshwar
Temple, Off CG Road, Ahmedabad,
India 09.
Mobile No: +91 9898434323
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