Human resource (HR) management can be a tremendous undertaking due to constant changes in the workplace. HR solutions are designed to lessen the burden on staff by outsourcing certain human resource tasks to a qualified HR solutions provider. Small- and mid-sized businesses in particular can greatly benefit from having many of their human resources functions handled by a reliable third-party, which can save businesses time and money.
Top Outsourced HR Solutions
HR teams have countless responsibilities that can overwhelm their time and resources. A certified human resource professional can help with a wide range of legal and operational issues that may arise during daily operations, as well as improve employee relations, HR compliance, and strategic planning. Here are just a few of the top outsourced HR solutions:
Employee Reviews
Employee performance has a direct impact on the long-term success of a business. HR professionals can help determine if a particular employee is keeping pace by providing regular employee performance reviews. An employee review is an assessment of a worker’s job performance, and many are tied with annual raises. Employee evaluations can remind employees of what their managers expect. Discussions may also include how an employee can improve their performance. Employee reviews can be a long and time-consuming process which are better left outsourced to HR professionals.
Employee Handbook Development
An HR team is often responsible for developing and updating employee handbooks. An employee handbook can be a valuable resource for both employers and employees as it outlines the company’s mission, history, policies, values, benefits, and procedures in a written and easily accessible format.
In addition to developing the handbook, it must then be distributed to every employee, whether it is a physical copy or a digital copy sent via email. Workplace policies can change at any time, so it is important to conduct a full handbook review on a regular basis. Employee handbook development is a common service offered by HR solutions providers.
Hiring & Termination Support
HR professionals often assist in the hiring and termination of employees. To recruit the right candidates, HR may put together a job listing and respond to resumes as they are received. Recruiting can be a costly and time-consuming process, and hiring the right candidates for the job is critical to prevent disruptions to operations.
Once hired, HR will help ensure that new employees complete all necessary paperwork. HR may also play a major part in the termination of an employee by ensuring that all procedures are followed. An HR professional may even meet with an employee along with a manager to act as a third-party when a worker is being fired.
ACA Compliance Assistance
Businesses face a wide range of regulatory issues including compliance with the Affordable Care Act (ACA). HR is responsible for ensuring that effective internal controls, policies and processes are in place, which can be a complex and challenging task. Among these challenges is the task of having to maintain data quality of employee records. When businesses choose to acquire assistance with ACA compliance from an HR solutions provider, they can take some of the pressure off HR employees while still having the peace of mind that their business is compliant with ACA regulations.
Career & Job Development
Employee job development is a widely recognized tool for the strategic growth of an organization. HR professionals often play a role in an employee’s career and job development by providing services like training, employee reviews, and development programs. Businesses must also remain competitive, which means upgrading employee skills and knowledge. All of this can be achieved with HR solutions. When a business outsources career and job development tasks to an HR solutions provider, they can depend on this service to help their employees and business grow and thrive.
Performance Appraisals
Another service offered by HR solutions providers is assistance with the performance appraisal process. This involves designing the appraisal process with feedback from the functional heads of each department. Employees must also be educated about the performance appraisal process and will need to be notified of all criteria in which the performance appraisal is based upon. HR professionals may also need to meet with the reviewing authorities to help ensure that appraisals are completed accurately and on time. Proper performance appraisals help make sure that deserving employees receive benefits.
Speak To An Experienced PEO Consulting Firm
More than half of all HR professionals have taken advantage of outsourced HR solutions, according to a study published by The Society of Human Resource Management (SHRM). Nearly any type of HR function can be outsourced, from background screening and payroll services to temporary staffing and retirement planning. To learn more about HR solutions or to speak with an experienced PEO consulting expert, reach out to the HR professionals at BenefitCorp today.