Managing your HR function in-house can be time-consuming and resource-intensive, requiring specialised expertise and experience. Outsourcing your HR function to a specialist, experienced third party can offer a number of benefits over having in-house HR. Here are just a few of the ways that outsourcing can benefit your business:
Cost Savings
One of the primary benefits of outsourcing your HR function is cost savings. Hiring an in-house HR person can be expensive, particularly for small businesses with limited resources. In addition to the cost of salaries and benefits, there are costs associated with training, technology, and infrastructure. Outsourcing your HR function can save costs by reducing the need for additional staff, technology, and training. You can pay a flat fee for HR services rather than incurring ongoing expenses for salaries, benefits, and other HR-related costs. For some businesses, this can mean accessing expert HR advice on an ad hoc basis while you grow with our pay-as-you-go service or on a retained basis when you need that more ongoing dedicated service.
Access to Specialised Expertise
Our outsourced HR service is a team of professionals specialising in HR and with years of experience in the field. They are up-to-date on the latest HR laws and regulations and can provide guidance on best practices for recruitment, onboarding, and employee management. In contrast, an in-house HR might not have the same expertise and experience, particularly in smaller organisations where they could have other responsibilities. We work across multiple industries, with different characters in many locations, not just the UK. Our team brings a wealth of experience, fresh eyes, knowledge of different practices, and access to different resources and projects to help you grow your business.
Improved Efficiency
Outsourcing your HR function can improve the efficiency of your business operations. Our HR team have the tools and resources to streamline processes, automate tasks, and ensure that all HR-related activities are completed promptly and accurately. This can help you focus on other aspects of your business while ensuring your employees receive the support and resources needed to thrive. Dealing with a complete HR team rather than a sole in-house HR person means no downtime to your HR service. Our outsourced team is always available, meaning you don’t need to worry about no HR during sickness and holidays.
Mitigated Risk
HR compliance can be a significant challenge for businesses of all sizes. Our outsourced team can help mitigate risk by ensuring your company complies with all applicable laws and regulations. HR professionals can also help you manage risk by guiding on policies and procedures that can help minimise legal exposure.
Scalability
As your business grows, so does your HR function. Our outsourced team can help you quickly scale (and contract) your HR operations without investing in additional resources or infrastructure. This can be particularly beneficial for small businesses looking to expand their operations without incurring additional overhead costs. We can give you access to a whole team, from specialist HR advisers to HR administrators, looking after every aspect. Access to a large HR team would be cost-prohibitive for many small businesses.