Within any organization, the HR director typically has a lot on their plate. From overseeing day-to-day operations to developing strategic initiatives that will shape the organization’s workforce, it takes a skilled professional to navigate the complexities and constantly evolving landscape of human resources. Unfortunately, a director HR can become consumed by critical, yet redundant tasks that leave them with little time to focus on other priorities that can help drive the business forward. For this reason, many are turning to HR outsourcing to become more efficient and alleviate some of their administrative burdens.
As the workforce continues to evolve, so too does what employees are looking for from their employers. In today’s workforce, more employees are placing greater value on the benefits an employer or prospective employer can provide, with 80% of employees preferring additional benefits instead of increased compensation. While offering a greater variety of benefits is extremely beneficial for companies looking for new ways to recruit and retain employees, it creates extra work and responsibilities for the director HR to ensure everything is being managed appropriately.
Instead, HR leaders outsource benefits administration to an experienced HR outsourcer who can help HR departments control the associated costs of benefits while also maximizing efficiency. Since an HRO usually works with other companies to manage their benefits administration, they can often negotiate better rates and packages with benefits providers.
Create Payroll Efficiencies
As companies grow in size, payroll processing grows more complex with each additional employee. For companies that manage payroll internally, their HR departments spend an average of 235 hours more on payroll-related tasks than those that choose to outsource. So while payroll is an important part of HR operations, it is usually redundant, repetitive, and provides no strategic advantage to the company.
When a director HR chooses to outsource payroll administration to an HRO, they can instead focus on more strategic priorities. An experienced HRO will be able to ensure that payroll is completed accurately, on time, and in compliance with laws in relevant jurisdictions.
Manage General HR Responsibilities
Beyond payroll and benefits administration, HR leaders also have many other responsibilities such as recruiting, onboarding, performance management, training, and more. For example, an experienced HRO can help companies design and implement programs that will help employers attract top talent for vacant positions and establish the right processes to ensure that these new hires can start off on the right foot with comprehensive onboarding that equips them for success. For managing current employees, an HRO can help companies devise strategies to monitor employee performance, provide feedback, and develop their skills so these employees can continue to be assets for an organization.
There are many ways an HR leader can leverage an HRO to streamline their departments, create new efficiencies, and empower them to focus on more strategic initiatives. Choosing an HRO like Corban OneSource means that companies with 75 to 6,000 employees can leverage nearly 30 years of HR expertise to streamline HR operations. For HR leaders looking to learn more about how an HRO can take some of the administrative burdens off their plate, contact the HR experts at Corban OneSource today.
