Two prominent realities your business faces today:
1. Human Resources is hub of an ever-expanding gamut of functionalities and risk
2. It’s become impossible to handle all HR facets in-house.
Human Resources as a Service (HRaaS) encompasses the value of outsourcing HR capabilities that are infeasible or overly costly for your internal staff to shoulder. This reality reflects a rapidly growing trend:
• 80% of companies now outsource some or all of their HR activities
• 30% of senior management’s time is spent on HR-related issues
• Businesses outsourcing their HR services save an average of 28% on related costs, annually.
Typically, HRaaS is employed as a turnkey, overseen by a member of your management team in a Human Resources, Operations or Finance role. Your company benefits from regaining focus on your strengths to grow your business successfully, while enhancing human capital management skills of your team’s Supervisors and Managers, creating a professional work environment where you can attract and retain the best employees to accomplish your goals.
In addition to the sustainable time and cost savings, there’s also employee-associated risk mitigation, aimed to protect your organization’s reputation and assets.
At its core, HRaaS is configurable to your company-specific processes, flexible as needs continuously evolve. This is key – you want an HRaaS provider with the capacity to provide you with a team of experienced, certified HR professionals fulfilling these facets (many you’ll need now, most in the near future):
Human Resources Administration – personnel file audits, I-9 compliance, EEO-1 filing/Affirmative Action programs, Federal and State posting requirements, Workers’ Compensation administration, unemployment insurance administration, personnel forms development, organizational charts, performance appraisal development, exit interviews.
Personnel Policies and Procedures – comprehensive personnel audits, employee handbooks, supervisor’s personnel procedures manuals, job description development, group benefits, orientation/education, plan descriptions, communications and continuation administration (COBRA), compliance standards (FLSA, FMLA, ADA).
Employment – recruitment, interviewing, reference checking, skills testing, new employee orientation programs.
Employee Relations – employee communications program development, employee recognition initiatives, employee attitude surveys.
Training and Development – performance review interviewing, supervisory and leadership skills training, solving employee performance problems, sexual harassment prevention.
Wage and Salary Administration – minimum wage/overtime compliance, FLSA records maintenance, compensation program development and competitive marketplace surveys.
Employee Safety/Drug Programs – OSHA compliance, hazard communications (MSDS), accident prevention and drug-alcohol programs.
Asure Consulting Inc. a wholly owned subsidiary of Asure Software (NASDAQ:ASUR), a leading provider of workforce and workspace software solutions, has provided HRaaS to companies of all sizes and business categories for over 20 years. See Asure Consulting’s overview, and receive a complementary consultation related to your needs.