The decision to outsource HR functions should be based on your organization's specific needs and requirements. When outsourcing, you should choose an HR firm that aligns with your organization’s culture and values.
Outsourcing HR functions can help organizations save time, reduce costs, and access specialized expertise. Some HR functions that are typically conducive to outsourcing include:
Do your current workflows and processes help or hurt your business? Do you have the right technologies in place to adequately support your team? On average, employees waste more than 21 days a year doing menial or repetitive tasks at work. Tasks that can easily be automated save companies hundreds of thousands of dollars. Outsourcing HR can help your business determine what processes need to be implemented to streamline workflows and leverage the right technologies to make your processes and procedures scalable and replicable.
Cultivating the skills and knowledge of your workforce enhances performance at both the employee and business levels. Identifying and implementing opportunities to level up your team’s talent is a direct investment in your company. According to Gallup, 48% of American workers would switch to a new job if offered skills training opportunities. Many companies outsource training and development initiatives to third-party HR firms that can provide training programs and development solutions tailored to your organization's needs.
Managing compensation and benefits involves more than just payroll; they include conducting compensation market analysis, incentive plan design, creating job architectures, establishing pay practices, wellness programs and strategies, as well as benefits administration.
With the unprecedented labor shortage, it’s never been more pressing for businesses to offer competitive total rewards. HR should provide timely program benchmarking, guidance, and expert advice, to ensure that your organization’s ability to successfully recruit, hire and retain top talent is aligned with your company's mission and values. Outsourcing these functions will ensure employees receive the right benefits and assistance when needed.
Healthy, diverse, and productive work environments are conducive to attracting new and retaining existing team members. Outsourced HR firms can assist with establishing recruitment processes and ensuring employees have a positive experience throughout the entire employee lifecycle.
Treating employee engagement as a continual effort rather than a one-time event is essential to an engaged workforce. One of HR’s tasks is cultivating productive employee experiences across all lifecycle stages.
If you're considering outsourcing HR functions, thoroughly research and choose a reputable service provider with a proven track record in HR outsourcing, like Cura HR. Cura consultants start with proven tools and processes and build from there. We create custom solutions for each client by combining our years of experience with a forward-thinking approach. We continually test, benchmark, and optimize our efforts to ensure we provide our clients with the greatest value and relevance.
Whether you are a small business with big growth plans, tackling a new project that would benefit from senior HR leadership, or trying to keep up with your rapidly increasing headcount, Cura’s team of HR experts will fill the gaps temporarily or for as long as you need. We’d love to learn about your business and how we can create a solution that works for you.
