It takes a lot of time and resources to find and develop the right talent. Time and resources that you don’t have as a small business. So what is the solution?
In the last decade or so, businesses of all sizes have begun outsourcing many of their operations that they were handling in-house. These especially include accounting and human resources. Outsourcing helps companies achieve a balance between cost management and resourcefulness, and free up their time to focus on core competencies.
We have already talked about how small businesses can benefit from outsourcing their accounting and bookkeeping (read here). And In today’s blog, we will discuss how small companies can benefit from external HR services.
At Prime Accounting & HR LLC, we provide remote accounting, human resources, CFO, and tax preparation services to companies across the US. Click here to schedule a strategy session.
Continue reading to learn more about how an external HR advisor can be a game-changer for your business.
Why Outsource HR
Don’t get us wrong here. We are not against in-house HR departments. It’s just that hiring full-time staff and dedicating office space to handle human resourcestakes up a lot of your company’s time and resources, which can be better expended to grow your business.
By working with an external HR advisor, you can benefit from their professional expertise without the learning curve. You will also get access to the latest technology and tools (especially analytics and cloud computing). Not to mention, an HR advisor will help you deal with compliance and legalities.
In short, an HR specialist can help you streamline recruitment in your company without incurring the cost of office space, benefits, insurance, and paid holidays.
What Does An HR Advisor Do?
HR advisors serve as intermediaries between the company and potential recruits. They take time to understand the recruitment needs of the company by communicating with executives.
The advisor will then reach out to potential candidates anonymously, without disclosing your company’s name. In fact, HR advisors can also interview candidates, helping you bring employees on board with minimal disruption to the company’s core functions.
In our experience, we have noticed that candidates become more open during interviews with an intermediary, and they are more likely to ask serious and relevant questions. This enables HR specialists to determine whether the candidate is the right fit for your company or not.
What else? Oh yes, an HR advisor will also do background checks and find out if candidates have exaggerated on their resume (and they do).
Finally, the job of an HR advisor doesn’t end with hiring and onboarding. They will also help you develop HR policies, ensure legal compliance, and resolve employee relations issues.
At Prime Accounting & HR LLC, we provide remote accounting, human resources, CFO, and tax preparation services to companies across the US. And we can help you save up to $20,000 annually! Click here to schedule a strategy session.