Running a business is complicated, but outsourcing HR can save your business from struggling and put you back on the path to success. Juggling payroll, human resources, benefits, workers compensation, legal compliance and other critical tasks is costly and risky. Many hidden fees and risks threaten small businesses who lack the resources or know-how to protect themselves. But easily the most unfavorable part of dealing with these duties in-house is that it detracts business leaders from focusing their energies on developing their core business.
Ask yourself these questions:
- Do you struggle with administrative duties like payroll and HR, while revenue-generating activities go ignored?
- Are you less than confident you are 100% compliant with every law you are subject to as an employer?
- Do you lose sleep over employee benefits and Affordable Care Act (Obamacare) compliance?
If you answered yes to any of these questions, it might be time to outsource HR and here’s what you can do:
1.) Save Money
Most companies find significant savings from outsourcing their back office tasks by eliminating the overhead expenses that come with managing these services in-house. Salaries, training, technology, legal fees and other expenses are gladly traded for considerably smaller outsourcing fees!
2.) Reduce Risk
By outsourcing HR, you hand over compliance responsibilities to a team of HR professionals and risk management experts who do this every day. They already have the knowledge, relationships, and capacity to guard your business from common and uncommon risks as they arise.
3.) Save Time
By outsourcing essential back office functions you alleviate these responsibilities from your internal team. The added time allows you and your staff to focus on more critical aspects of the business and to do the work you hired them to do.
Let Lightsource HR Help by Outsourcing HR
Are you ready to outsource your human resources responsibilities?