Uploaded on Jul 28, 2021
Being comprised of HR and employment law professionals, HROs can help navigate these laws and regulations that can often be difficult for non-legal professionals to understand.
7 Reasons How HR outsourcing can Benefit your Business
7 REASONS HOW HR
OUTSOURCING CAN BENEFIT
YOUR BUSINESS
PEACE OF PROTECTION
Being comprised of HR and employment law
professionals, HROs can help navigate these laws and
regulations that can often be difficult for non-legal
professionals to understand.
Business owners can rely on their HRO partner to
keep them up-to-date with new and changing laws,
while also providing suggestions for improving
policies and procedures to help avoid potential
difficulties.
BETTER FOR REMOTE WORK
As the COVID-19 pandemic continues to
surge across the world, a growing number of
businesses are resuming their remote
operations into 2021.
HROs can assist with this continued
transition by providing general guidance and
support, along with digital training and
resources for employees.
ENHANCED PRODUCTIVITY
With the support of an HRO partner, business
owners and managers can spend less time
worrying about forms, training, disputes, and
more.
Not only do HROs assist with HR, but they also
provide services related to payroll, benefits
administration, and risk management that can
create even more efficiencies.
Cost Savings
The hiring and retention services provided by an HRO can
reduce expenses related to employee turnover.
And speaking of personnel, many business owners decide not
to hire or maintain an internal HR and payroll team while
partnering with an HRO, thus saving additional resources.
INCREASED GROWTH AND
PROFITABILITY
Per the National Association of Professional Employer
Organizations (NAPEO), the expected annual median
revenue growth for HR outsourcing clients was once
reported to have been 40% greater than that of similar
businesses.
They also reported that those utilizing HROs were 16%
more likely to report an increase in profitability.
HR PROFESSIONALS
KNOW THE BEST
The professionals within an HRO firm are
extremely experienced in bringing in new
employees.
They can help you avoid mistakes that
might come up during the hiring process,
such as poorly conducting a job interview
and help the process run smoothly.
GATHERING ALL THE
NECESSARY INFORMATION
Gathering the information needed for a new
candidate can be difficult.
An HRO organization will know what information is
needed and what might be the right time to
request it. This can simplify the interview stage, as
all required information will be in place for each
candidate.
THANK
YOUinfo@!synchronyhr.com
www.synchronyhr
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