When it comes to cost-savings and strategic operations management, then outsourcing Human Resource (HR) tasks seems like a no brainer. In fact, outsourcing HR functions for small businesses can be more efficient than investing time and effort into hiring and training full-time employees.
HR outsourcing services give your organisation the opportunity to quickly connect your growing business with trained HR experts who are ready to take on your everyday HR tasks. At SnapHR, that can be for as little or as much as you need we work on a fully fractional basis. These tasks can be very specific, such as providing one-off recruitment support, or as general as outsourcing all of your HR functions. As HR experts, we’re pretty savvy when it comes to managing your HR responsibilities, and are up to date on best practices. And consider the cost savings: time is money, and as an owner, this frees up valuable time for you to spend on growing your business (and revenues) while feeling confident that you have a knowledgeable HR pro at the helm.
Who Is Outsourcing HR Functions For?
Any business that is wanting to eliminate the risk, time, and confusion surrounding how best to manage your people. Not sure outsourcing is right for you? Consider the following:
How much time you spend on HR tasks compared to other business needs;
Liability exposure from compliance issues (think terminations, I9s, etc);
Absence of critical HR functions due to lack of time and/or knowledge (performance management, compensation management, employee engagement, etc);
Lack of budget to fund a full-time, in-house HR position;
HR functions that are currently spread among employees from other departments.
Virtual Human Resource Support Is One of the Fastest-Growing Outsourced Tasks.
Small business stats show that 28% of all development and Human Resource tasks are outsourced
24% of small businesses outsource to improve efficiency.
The Benefits Of Outsourcing Your HR Functions/Tasks
It Saves Money - For a fraction of what you’d pay for a full-time role, you will spend significantly less and get exactly the amount of fractional support you need. You only pay for the hours you use based on the tier you purchase, and you don’t pay for benefits or any other additional costs normally associated with having an employee in-house. And in a way, you get a whole HR team: when your generalist is on leave, our entire SnapHR team is ready to step in as needed.
Get better HR results - Human resource management forms an integral part of your organization's success. With an HR pro onboard, you will give your organization the “people” results it deserves. Even large companies are outsourcing part of their HR departments and finding they are generating better results. According to CoAdvantage, HR departments that outsource part of their resource needs spend 26% less and have 32% fewer staff compared to in-house HR groups. Imagine what it can do for your small business!
It Saves Time - Your time, AND your team’s time. You’re likely trying to do something off the side of your desk, and never being able to give it your full attention. Freeing up your team to focus on their core responsibilities and outsourcing HR makes sense, allowing productivity and efficiency to soar.
Here at SnapHR, we pair you with a dedicated HR professional who is able to provide support across each of the following areas:
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