Key Reasons to Outsource Human Resource Functions

The human resource scenario has dramatically changed across the globe. With the high turnover of employees, the changing laws and regulations and the stiff competition that prevails in the market place has made HR management a very difficult function for any business.

Each company plans strategies to improve productivity and cut costs in order to yield profits. Recent studies have shown that outsourcing human resource functions has benefitted the large as well as the medium sized enterprises which were earlier being handled by an internal employee.  Availing HR services has proved cost effective by reducing the company time that was being invested in HR handling which is now effectively used to focus on the core business.

5 key reasons why companies should outsource HR functions to human resource service companies

1. As companies have a global presence, the HR needs have become highly complex, which leads to higher costs. Standardizing the process of management of human resources improves the overall functioning of the organization
2. Running an independent human resource department is turning out to be costly. Employing HR professionals and availing their expertise is a huge expense that companies incur. Outsourcing the HR department is one of the major reasons for the growth in profit as employee management costs are drastically reduced
3. Companies providing HR services have access to the latest technology and tools. They understand the HR needs of every organization and provide the right candidate for the job on temporary or permanent basis
4. Recruiting top talent is an art in itself. Leading Human Resource service companies have a pool bank of professionals and talent. Outsourcing this function ensures that the company gets the best professional who is capable of handling the critical functions at the office efficiently
5. With the dynamic laws and regulations of the state, it is extremely difficult for the company to comply with the ever changing laws and regulations. Non compliance results in a hefty penalty which is a direct loss for the company. Outsourcing HR services ensure that every regulation and policy is followed as per the law.

Leading and well reputed HR service companies like Gojacor is a one stop shop for all human resource management needs. Whether you have questions about hiring, benefits, training or concerns about complaints and compliance, we are the leaders to handle all your HR needs. Let the experts handle your critical HR functions which lets you focus on your core business. Contact us now for your human resource needs.

Source:  http://gojacor.com/

Why is it beneficial to outsource human resource management?

A silent transformation is visible in the employer-employee relationship.  Managing the human resources is one of the more tricky kind of management which has to be critically handled from the psychological aspect.

The success of an organization depends upon the successful management of the employees that is the biggest asset for any organization, whether big or small. With the shift in the relationship, knowledge management has emerged as the new key to human resource management. Frameworks are developed on the basis of individual-level knowledge sharing research. Emphasis is laid on the five areas which include: 

• Cultural characteristics
• Individual characteristics
• Organizational context
• Team and interpersonal characteristics
• Motivational factors

Human resources are the most important assets for an organization as motivated and satisfied employees play a major role in the development of a sustainable competitive advantage. Outsourcing the HR by entering into a strategic partnership with a human resource service provider ensures that edge for the organization.

How outsourcing HR benefits the organization

The topmost reason to outsource HR is to save money.  Functions of the Human resources are non-revenue generating though a complete department has to be devoted to managing the human resources. It is one of the most strategic departments on which depends the success of the organization. Once the HR is outsourced to a leading HR management provider, it reduces the overall labor costs.

Reason number two is, the business strategists can focus on developing the core business strategies rather than being bogged down by functions of the HR department. HR functions include recruitment, payroll, compensations, 401k Administration, health benefits to list a few. This barely leaves any time for planning the business. Outsourcing HR frees up almost 23% of the time, which can be used for strategic planning.

Understanding the psychology of the employee determines how beneficial the employee will be for the business. Appointing an expert to understand each employee is a huge expense. Leading HR management companies not only conduct background checks but also conduct psychological analysis regularly to ensure that the employee is the right person for that job.

Another reason to outsource HR is improve compliance with the ever-changing regulations and laws.  Compliance with the Affordable Care Act, accuracy in payroll and taxations avoids penalty and gives a feeling of security to the employee as well which ultimately motivates him to work better.

With the advancement in technology, it is a huge expense to train the staff to match the technological needs. When HR is outsources, knowledgeable and trained staff is deployed which ultimately makes better business sense.

Whether it is a small company or a large business house, outsourcing human resource management opens up many avenues for the companies. Not only does it reduce the labor cost and training cost, but helps to take the company to the next level. 

Source: http://gojacor.com/

Understanding Attitudes and Behaviors of Human Resources

For the success of a business the human resources play a major role. Skilled, talented employees with the right attitude and workplace behavior are the key assets of a business to be successful. Most of the startups or small businesses face the major issue of high staff turnover. This affects the growth of the organization negatively along with a reputation that deters the talent to join the business house.

Identifying the right candidate by behavioral and psychological test method besides the skill and qualifications ensures success of the business operations. HR group companies offer trained, screened and skilled staff that are just right for the business success.

It is possible for any business to set up an HR department and conduct various tests to screen and test the candidates and then appoint them. This becomes a very high expense for most businesses which forces the person to shift focus from the core business. Outsourcing HR requirement is the best alternative available today, especially with the every changing laws and regulations in the USA. HR group companies in Medina, Ohio specialize in providing staff which is well trained for any job vacancy.

The biggest scam of job searches is the lies on the resume. Almost 46% of the candidates commit a resume fraud which goes undetected unless you are a trained HR consultant.  The common lies on a resume are:

• Exaggerating work accomplishments and skills
• Enhancing the job titles and job descriptions
• Fudging the academic qualifications
• Fake credentials
• False reference
• Omitting some information like past employment
• Wrong information on work dates which are usually stretched/extended

Most job seekers attempt to cut corners to grab that dream job. Eventually they are caught, but it is the business that suffers the most. Hiring through HR companies ensures scrutiny of the candidate with the assurance that the candidate is right for the job. The process of recruitment is highly crucial for filling any job vacancy. A reputed HR group Medina, Ohio will ensure that the candidate selected has a clean background plus all the medical, social and other compensations are taken care as per the laws of Medina Ohio. 

Leading HR companies conducts various tests to understand the psychology of the candidate and in consultation with the business house, they identify the kind of employee required for that job/post. Understanding the behavior and attitude of the candidate ensures that the right person is placed at the right job which ensures satisfaction for the employer and the employee.

Either set up your own department with trained and experienced HR managers or outsource your HR needs to leading HR companies who will supply you the right candidates without the hassle of managing the human resources.

Source: http://gojacor.com/