In recent years, HR outsourcing has become a common method of doing business in various industries and markets. Despite the slowing economy, it is clear that the HR outsourcing sector is growing as business owners look for ways to increase efficiency, reduce overhead and consolidate their suppliers.
HR consulting in Atlanta reduces your cost of hiring individual employees, time and resources to train and develop them in-house, retain the trained talent as well as invest in HR-related technology and tools.
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When choosing a staff outsourcing company, consider the following factors:
1. Financial stability
Many HR companies take on the fiduciary duties of their customers. These job responsibilities include payroll taxes and insurance premiums.
The company must have been in business for at least ten years, have strong financial stability, have sound banking relationships, and show proof of insurance and tax payments.
2. Proven service book
While a solid financial record can indicate stability, it doesn't necessarily mean excellent hiring practices or excellent customer service.
Prospective clients should review employee profiles, which include a licensed HR professional team and at least three client references, and ensure they have a track record of success in all aspects of compliance, security, benefits and.
3. Niche versus diverse customer base
On a business-to-industry basis, it may be more cost-effective in certain situations to work with a specialist outsourcing firm.
Some HR companies have expertise in certain markets such as high technology, transportation and construction, and entertainment and you may want to work with an HR outsourcing company.