Uploaded on Sep 17, 2021
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Human Resources Outsourcing | HR Solutions | SynchronyHR
5 Reasons to
Consider HR
outsourcing in
2021
Dealing with every business practice in-house can be an exhausting
task, especially with a small team.
To combat this, many companies have started outsourcing
administrative responsibilities such as the human resources (HR)
department.
So how exactly does outsourcing HR-related tasks help 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.
An HRO can also assist with a virtual hiring process, while also setting
up remote onboarding and training for new employees.
Enhanced Productivity
With a simplified schedule, management can instead put more time
into enhancing internal communications, boosting retention efforts,
updating hiring practices, improving remote and office working
conditions, and other factors that can boost productivity.
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
HRO clients are able to save on a multitude of business expenses,
including administrative costs, perks and benefits, unemployment
insurance (UI), and more.
The hiring and retention services provided by an HRO can also
reduce expenses related to employee turnover.
Increased Growth and
Profitability
With many businesses having struggled throughout 2020, these
helpful resources may be able to assist in a 2021 comeback.
As 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.
Contact us!
www.synchronyhr.com
[email protected]
(314) 222-5770
Thank
You!!!
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