Your company’s growth depends on your Human Resource operations. HR must be streamlined for a startup to grow. The right people have to be hired and onboarded, and your payroll and benefits should be handled.
Startups are busy. They may struggle to handle core HR tasks well. Outsourcing HR is popular for this reason. Statista’s Research Department, which collects data on the digital economy, industrial sectors, consumer markets, public opinion, the media, and macroeconomic trends, says that the global outsourcing industry will be worth $92.5 billion in 2019.
If you’re running a startup or planning to start one, you should learn about outsourcing HR functions. This article will cover everything. Therefore, without further ado, let’s begin.
What is HR outsourcing?
When a company pays a third-party group of specialists to carry out human resources functions on their behalf, this is known as “HR outsourcing.” This can mean outsourcing parts of the HR function, like payroll or hiring, or the whole HR function.
Why Should Small Businesses Outsource HR?
Small businesses value HR outsourcing. Small businesses have limited resources and must maximise them to grow. Small and medium-sized businesses can grow by outsourcing HR.
Here are a few reasons why small and medium-sized businesses (SMBs) should prioritise HR outsourcing:
- HR outsourcing can contribute to cost savings.
Smart investors outsource HR. As it optimises SMB spending. Cost-wise, 80% of respondents were happy with HR outsourcing. Any HR outsourcing company employs recruitment, onboarding, retention, and administration experts. HR outsourcing is effective and reduces spending.
- SMBs can shift their focus from administration to growth.
It will take a long time for non-HR experts to learn HR basics for SMBs. This can cause tedious paperwork, errors, and time waste. Startups have a short timeline. They rarely waste time. By outsourcing HR, SMBs can free up time for other tasks.
- Compliance with applicable rules and regulations
HR teams must follow all employment regulations and laws. It’s difficult to comply with so many regulations when they change 75 times a year.
The smartest thing you can do is hire an HR outsourcing agency to handle regulations, laws, penalties, and other legal aspects. This saves time and reduces risks.
How can Bradfield HR help with your HR outsourcing needs?
Want an HR outsourcing partner to onboard national and international employees? Bradfield HR is the answer. We provide full-time and part-time onsite HR professionals to SMEs in London and telephone and digital consulting services outside of London. We’re a next-generation HR outsourcing company. A list of our services is given below: –
Onsite HR
With our flexible Onsite Outsourcing HR Services in the UK, your business can have an HR professional onsite to manage the function. We have a physical presence at your business to help you, which is different from most HR outsourcing partners.
Our Onsite Outsourcing HR Services in the UK is ideal for SMEs with up to 150 employees that need flexible and sometimes part-time HR expertise onsite.
HR Projects
Through our consultants’ extensive experience, we can support HR projects throughout the employment life cycle. Examples include:
- COVID-19-related advice.
- Disciplinary procedures.
- Policy Writing.
- RedundancyRecruitment.
- Training & Development.
Offsite HR
If you prefer support in Offsite Outsourcing HR Services in the UK, we can offer packages that include everything needed for solid infrastructure and innovative benefits to make your employees feel valued and supported.
Here is a list of what we offer:
- Standard employment agreement
- Staff manual that is compliant
- End of HR Consultants’ ER phone advice
- We set up, implement, and manage your HR self-service system.
We collect your payroll data in time to meet the deadline and send it to our payroll partner.