The Top 3 Benefits of Outsourcing Human Resources
When you start to contemplate the idea of outsourcing your Human Resources department/work, what stops you from moving forward? For most businesses or departments, there are two main questions that need to be answered. Those questions are, “will outsourcing save me money?” and “will outsourcing save me time?” After all, what’s at the root of any successful business? Money and time.
So It makes sense that these would be the two main roadblocks when choosing between hiring an in-house team or outsourcing Human Resources all together. We want to take the time in this blog to dive into why exactly these roadblocks don’t necessarily need to become huge obstacles and what other differences you may be overlooking while making your decision.
Outsourcing HR Provides Expert Help While Remaining Budget-Friendly
We did say that money tends to be one of the main factors when it comes to outsourcing vs. hiring in-house, so we figured we’d start there. Money drives growth for every business, which means at the end of the day, it should be one of the top, if not the top factor in any business decision. Yet still, individuals and organizations seem to have the wrong impression when it comes to the true cost analysis of outsourcing vs. hiring.
On one side, you have the option to hire your own team of HR professionals. If you’re looking to bring on a senior level employee and perhaps a junior associate to assist them, you’ll be spending a pretty penny. Especially if you want to keep them on your team long-term. We won’t dive into exact numbers here, but the annual average salary for an HR professional tends to be higher than what people expect. Keep in mind, if you’re looking for a designated leader in HR, you’ll be paying even more.
Now there’s no argument that you get what you pay for. In any field, if you’re looking for someone that works hard and knows their stuff, you’ll have to pay for it. But what if you could get expert-level advice while paying a junior-level fee? This is the one main benefits of outsourcing Human Resources that our clients tend to love the most. If you take a look at some of our most popular HR plans, you’ll notice that not only do they encompass everything your in-house HR team would manage, they’re also priced at roughly the same amount or less as what it would cost you to have just one junior-level associate per month. That’s how we offer expert-level help while working within your budgetary restraints.
Not only that, but because we work with a number of clients, our HR experts are able to communicate and adapt to changes in the HR world faster and give you the best possible service customized to your needs and goals. It truly is a match made in heaven for businesses looking to enhance their HR approach.
Outsourcing Human Resources Allows You to Focus on What's Important
As a business owner, you have plenty of things on your plate. From managing your team to generating sales and driving growth, there just isn’t enough time in the day to do it all. Plus, with the current applicant shortage, a lot of business owners or managers have taken over the roles that have gone unfilled, like an HR manager. At the start, it may not have seemed like such a challenge, but you quickly noticed that the amount of time you needed to spend each day making sure your team was taken care of and all of the administration work was completed was growing rapidly.
At BrightMatter HR, we’ve seen the peace of mind that our services bring to business owners. We know that by managing your HR systems, it allows you to focus on the other areas of your business that, let’s face it, can only be managed by you.
Offers Flexibility and Personalized Support for Your Team
Even though you may be the owner of your business, it can be difficult to find the time on a day-to-day basis to discuss with your team what they need in terms of support to achieve the goals of the organization as well as their own individual goals. Personal and professional growth takes time and it requires a proper approach that’s personalized to each member of your team.
When you work in Human Resources for long enough, you see first-hand all the different ways to help and lead individuals towards these goals. We can’t achieve the goals for them, but we can assist them along their path to make it as easy as possible and keep them on track. When you provide a cold, cookie-cutter approach to HR, you overlook this entire process. Individual goals become a background focus and employee motivation takes a subsequent nosedive because of it. This is one of the main reasons organizations have high turnover and lose employees.
By outsourcing Human Resources, you provide your team with the personalized support they need. A dedicated HR manager, like the one provided in our HR essentials plan, will create a custom HR approach that aligns with your team and organization. They help you remain flexible by constantly evaluating and adapting this approach so that it never becomes outdated. By outsourcing your HR, you make it much more likely that team members will stay with the organization longer, become better workers as they progress through their individual growth plans and in turn, growing your organization becomes just as much of an internal focus as an external focus. When you grow internally by improving your strategies and investing in your people, the external growth factors like revenue will follow.
If you want our advice, don’t wait for your organizational growth to slow to bring in the experts. Even fast-growing organizations will see the benefits by outsourcing their HR functions. Take advantage of our budget-friendly and people-centered plans today and see for yourself.
BrightMatter HR offers a personalized approach to HR because we believe that people need more than a cold corporate HR experience. Reach out via our contact form to find out how we can work together to help your team and your organization.
About BrightMatter HR
BrightMatter HR is a Toronto-based Human Resources Outsourcing (HRO) provider that brings years of experience to delivering results-oriented, flexible HR solutions and employee management services. BrightMatter provides a personalized touch to HR outsourcing while focusing on modernizing your workforce, reducing your costs, and bringing peace of mind to employers and their growing teams.