A world where you treated every request or query that came in as a request from a customer. And so, we started treating our colleagues as customers. It changes the way you start looking at HR as a function. There are two ways of managing shared services – outsourcing and offshoring. Here I want to focus on outsourcing to a third party.
Many businesses struggle with realising the benefits of outsourcing HR versus having a directly employed dedicated resource. Some companies can’t afford to have a dedicated HR resource on their books. How would they manage their legislative compliance?
I decided to take a dive into the topic and list out the pros of outsourcing some of your HR activities to a third-party consultancy.
Each business is different and so are their HR requirements. There are a whole lot of companies out there who offer services like these, mine being one of them! Over time I have helped startups and small businesses look at their HR practices and offered them advice.
Outsourcing has helped them save at least 50% of the cost they would have had if they were to recruit a dedicated resource. It has also given small businesses the comfort knowing that they are legislatively compliant with their obligations as an employer.