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Latest HR News & Articles
Keep up with the latest HR news, human resources articles, and HR Outsourcing trends at SolidBusinessSolutions.com.
HR Outsourcing Articles
Outsourcing human resources is a growing trend in the US and will likely continue for many years. The decision to outsource HR functions provides tremendous value for all companies regardless of size.
In my recent article, Outsourcing Human Resources: Smart Choice For Small Business Owners I described my personal experience as a small business owner who like most business owners attempted to manage everything myself including spending two months learning how to write am employee handbook for my company.
As a small business owner I have experienced the challenges of trying to manage everything myself, attempting to be a one-man legal department, accounting department, payroll department and human resources department. I'm sure there are many other business tasks I've attempted to handle myself but these are the few that stand out the most.
Today, more and more business owners and key decision makers are realizing that effectively managing complex HR issues is not something any small or midsize company should attempt to manage on its own. Ever-changing and increasingly complex HR related rules and regulations seem to crop up almost daily especially with the introduction of the Affordable Care Act (ACA).
Do what you do best and outsource the rest – Tom Peters (management guru)
Take a look at successful entrepreneurs and you will notice one thing common in all: they are not jack-of-all-trades, instead, they focus on their strengths.
Successful businesses do what they do best in-house and outsource the rest to third parties who specializes in those operations.
As a business owner, do you want to increase your revenues and reduce your cost of doing business? Do you want access to specialized skills and services at a low cost? Do you want to focus completely on doing what you do best, running your business?
The answer to all of the above questions does not lie in a magic-wand, but in business process outsourcing.
So, what is business process outsourcing?