An in house HR team can be a costly investment for any business, as these skilled professionals can be expensive to hire. There are a lot of responsibilities for any HR team, but there are alternatives out there to bringing them in house.
Outsourced HR
One way that many businesses get around this is to outsource their HR requirements, rather than having someone in house. This allows them to pick and choose the services that they want, only paying when it’s necessary to do so. If you have an in house team, you most likely need to pay them all year round – whether there’s a large workload or not.
This also allows you to be very selective about the company that you work with, if they end up not being right for you then you can easily switch to another. It’s a bit harder to fire employees just because they don’t work in the way that you would like them to, as this isn’t really grounds for dismissal.
With an in house team, you’re also paying overheads like National Insurance and perhaps even a pension. This, combined with the salary, may mean you’re paying a lot more money for a poorer service. Outsourced HR is really picking up steam for companies that don’t want to pay or can’t afford these big staffing bills.
Of course, there are some downsides to working with an outsourced solution too. Some companies won’t be able to facilitate urgent requests as quickly as an in house team would. This is to be expected, but if you really need urgent help with staffing then this waiting around can be difficult.
HR Software
There’s also software that you can use to manage your staff too. This automated software can take care of issues with timekeeping, sickness and other conversations that you need to be careful with. You can click here to learn about the specifics of this software, which might just save you some money in the long term.
If you want to do things for yourself and learn about HR, then you can do so through this software. This is a much better solution for small businesses that don’t want to be at the mercy of big HR firms, as this can be pricy.
From making up timesheets to alerting you to regular absences, you can basically work with this software as you would an in house team. You’re getting the best of both worlds and it will save you time too. If you have a person in house that deals with HR, then they can use this software too and collaborate on the big projects. This frees up their time, so they can deal with the more human side of the HR world, such as interviews and employee satisfaction.
HR is a must but it doesn’t always have to break the bank! There are pros and cons to using each of these types of solutions, but if you research them fully then you’ll get the best for your business.