For small and medium-sized businesses, intent on growing, a discussion will likely have to be held at some point regarding what to do about HR. You know that HR responsibilities are increasing as your company grows. And that now is the time to ask, should you hire someone or outsource HR?
Whether you should outsource may not be so much of a difficult decision after all – outsourcing has two huge advantages for businesses set on expansion; you free up valuable time and save money. It doesn’t stop there either…outsourced HR is beneficial in many ways for growing businesses; even the smallest of companies can benefit.
Why Outsource HR?
Here are five ways outsourced HR helps your growing business.
1.Free up more time
Growing a business demands all your time. Being weighed down by HR issues and administration is time taken away from you. Because some HR areas can be complex, your focus will be diverted away from the bigger picture of your business because you’re trying to understand HR processes or employment law.
Outsourced HR services are an instant way to free your time back up and restore focus. Let the HR specialists look after HR, and you concentrate on growing your business
2. Save money
For many smaller businesses, recruiting an in-house HR professional just isn’t an option due to the associated costs. Recruitment costs money and then you have salaries to consider – good HR professionals come at a cost.
Most HR services are set at a fixed fee, paid monthly, allowing you to budget accurately and save money. And, because you only outsource the services you need, you have complete control over your HR spend with no money wasting.
3. Increase productivity
Outsourcing HR management can increase productivity in a couple of different ways. Sharing HR responsibilities with staff when it doesn’t come under their official job description means those employees aren’t devoting 100% of their time to helping grow your business.
By outsourcing, you relieve those employees (and yourself) of additional responsibilities and instead, can spend time on core elements of your business that generate revenue such as sales and marketing.
4. Avoid mistakes
As your business grows, everyone becomes busier. You can end up having to spread yourself thinly over several different areas. HR management is an area where specialist knowledge and focus is required. Mistakes cost money and could potentially affect the growth of your business, or reputation.
Disciplinaries, grievances, appeals or workplace mediation, these are processes that need to be documented meticulously following best practice and employment law. By outsourcing HR management you are guaranteed professional service. You can avoid any pitfalls, and enjoy peace of mind knowing that there are no mistakes in your HR practices.
5. Follow best practice
Making mistakes in HR can put you in a vulnerable position and leave you vulnerable to a tribunal claim. At the minimum this could cause your business embarrassment. A worst-case scenario could see you financially liable and subject to court action.
Employment law and HR best practice are always being reviewed. This means you or the employee you have looking after HR as an additional duty may not be up to date. Outsourcing to an HR professional means your HR is in capable hands, with people whose job it is to stay abreast of the latest in employment.
Contact Metis HR
If you are a SME that wants to spend less time worrying about HR and more time doing what you are good at – growing your business, then please get in touch for a confidential discussion.
Metis HR provides practical and commercially aware HR services to a range of small and medium-sized businesses throughout Lancashire, Greater Manchester, and the North West.