10 Easy Steps to Outsourcing Your HR NeedsPresentation Transcript
10 Easy Steps to Outsourcing Your Human Resources Needs with Manager, HR Partner on Demand Michelle Ganuelas Thursday, October 6 th , 2011 from 12 pm to 12:30 pm EDT For audio, you can use listen through your computer OR dial in to the teleconference Toll-Free: 1-877-669-3239 Event Number: 665 467 719 WebEx Support Line: 1-866-863-3910
Jay Rosales Senior Marketing Coordinator Drake International Email: firstname.lastname@example.org Phone: 416-216-1070 (direct) Host: Jay Rosales
How to Determine if it will Work for Your Organization
The 10 Steps You Need to Know to Get Started
What is HR Outsourcing?
The History of Outsourcing
Research & Results
Why Do Companies Outsource?
10 Steps to Effective HR Outsourcing
A Special Offer from Drake International
HR Outsourcing What is HR Outsourcing? What does it mean for your organization?
HR outsourcing is not a new concept. History
Research Based on survey data, cost reduction is the top goal driving Human Resource Outsourcing. (Towers Watson) The average operating expense for HR functions for each full-time HR employee is $284,982. This figure doesn’t include training costs or payroll. (Watson Wyatt Worldwide)
50% of polled companies said that improving HR service quality was a top goal of their HRO efforts.
Three Major benefits:
Focus on the core business
Improve the bottom line
Take advantage of specialized
Leverage the expertise of a team
“ Why pay a full-time salary for a part-time job?”
Bill Pollock, Founder & Chairman of Drake International
10 Steps to Outsourcing HR Step 1: Map Out Your “As-Is” Step 6: Go to Market Step 2: HR Health Check Step 7: Choose Your SME Step 3: Cost It Out! Step 8: Purchase & Implement Step 4: Build Your Business Case Step 9: Change Management Step 5: Educate Yourself Step 10: Staying On Track
10 Steps to Outsourcing HR Step 1: Map process throughout the entire employee lifecycle
10 Steps to Outsourcing HR Step 2: Complete an HR “Health Check” Identify areas within your human resources department that are inefficient and too expensive.
10 Steps to Outsourcing HR
Step 3: Cost These Areas Out in Actual $
Add the Following Factors:
Cost of HR FT wage
Cost of HR Inefficiencies:
Cost of mistakes & waste
Cost of time for each HR process
Cost of low productivity
Cost of staff turnover
Project a 5% improvement (be conservative!)
Compare this to the cost of outsourcing HR
10 Steps to Outsourcing HR Step 4: Build Your Business Case
Senior leadership to champion the change and become early adopters
Incentive, reward and penalty system in place to promote compliance
10 Steps to Outsourcing HR
Step 10: The Continuing Relationship
Performance management of vendor
Ensure improvements are achieved
Many organizations utilize a Help Line to seek HR advice though phone or e-mail
Help Line helps you avoid the costs of brining on a consultant full time
HR Help Line
Haven’t listened until now?
HR Outsourcing is helping firms – large and small – to save money and drive results
HR outsourcing provides an opportunity for HR Professionals to contribute on a strategic level
This isn’t for everyone, but every firm can probably benefit from some form of strategic HR outsourcing
HR Help Line give organizations advice on HR related questions and can save the company money!
Advice on HR related questions that you may have
We help only where you need it
Michelle Ganuelas 416-216-1097 [email_address] ONE MONTH FREE access to Drake’s HR Help Line
Q & A with Michelle Ganuelas Manager, HR Partner on Demand 10 Easy Steps to Outsourcing Your HR Needs
Michelle Ganuelas Manager – HR Partner on Demand Drake International [email_address] 416-216-1097 (direct) Jay Rosales Senior Marketing Coordinator Drake International [email_address] 416-216-1070 (direct) Contact Us
October 20 th , 2011, 12 pm EST to 12:30 pm EST We Can’t Change the World, But We Can Change Our World – Overcoming the Constant Friction Between Hard and Soft HR Approaches >> Presented by Karen Meredith, Drake P3 Register at http://drake-webinars.com