Smaller companies can gain a lot from outsourcing their HR work. It not only helps them to save capital, but also mitigates risks of unintended employment-related litigations.
2. Outsourcing HR can solve most of your HR related
issues of smaller companies and also increases
productivity. There are a plethora of reasons for
smaller enterprises to outsource their HR functions.
Saves productive time
Saves capital
Mitigates legal risks
Increases HR competency
Brings flexibility
Outsourcing HR
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3. Saves Productive Time
According to Small Business Administration,
smaller enterprises spend between 7-25 percent of
their total productive time in handling employee-
related issues
It is not desirable standard for a small enterprise
A great deal of productive time is lost in the
paperwork
HR outsourcing helps you to save a huge amount
of the productive time
It allows you to stay focused on the core strength
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4. Saves Capital
●
Outsourcing The average cost of HR for companies
with less than 250 employees is $1469 per
employee per year
●
Outsourcing HR enables you to save considerable
capital
●
You can use this precious saving to improve your
services
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5. Mitigates Legal Risk
There are different employment laws at state
and federal level in US
It creates a lot of confusion in implementation
It needs a dedicated HR specialist to deal with
these legal issues
Any intended and unintended violation of these
laws can result in litigation
According to SBA, around 73 percent of the total
employment litigations are filed against smaller
enterprises
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6. Increases HR Competency
An affordable dedicated offshore HR provides the
much-needed depth and breath
Now, you can take services of both HR generalist
and specialist
As a result, your HR processes become more
streamlined
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7. Brings Flexibility
You can scale up or downsize your team easily
You just need to share your intentions with a
vendor
So, your offshore dedicated HR team is more
flexible
Having a flexible HR team makes your company
more agile
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8. Contact Us
501 Silverside Rd,
Suite 105,
Wilmington DE 19809
USA
(+1) 877 697 8006
sales@virtualemployee.com
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