Our world has changed!
The change in our industry has been dramatic and we no longer work like before and that is why outsourcing your HR has become so important. Many companies have realized that there could be huge cost savings by scaling down or implementing hybrid working models, with some companies giving up their office space completely.
With this struggle to survive in our current economic climate, the focus is usually placed on the money generating functions (which is where the focus should be) but unfortunately this often results in neglecting very important areas of your business, like your HR department, which might even be a huge contributor to your financial struggles. Neglecting your HR department can lead to stress and burnout among employees which could damage profits – one bad apple spoils an entire barrel!
A crucial part of running any business is taking time out from day-to-day operations (or even sacrificing some) by ensuring that every department has its needs met appropriately; especially when you’re managing employees.
HR needs to be more strategic and this takes time and effort!
HR is a critical function in organizations that needs to be executed well, efficiently and with compassion and it touches on all the aspects of an employee’s life cycle, from recruitment through development into retirement so when we hear “HR”, we tend to limit our thoughts to contracts or payroll but this term can encompass much more than these two phrases suggest! For example-mature HR disciplines must have touchpoints throughout each employee lifecycle starting at selection/recruitment; labor and employee relations, training programs for new and existing employees, employee wellness programmes, coaching and mentoring.
Together with the change in how companies operate, it has become very clear that HR needs to become more strategic in order to support companies in their “new normal”. It can no longer be the traditional administrative function referred to above and if this competency does not exist already, it could be a costly exercise to get this up and running. All the know-how to provide the entire HR discipline does not necessarily exist in one person which means that companies often have to appoint more than one resource to cover all aspects of HR. Typically you would have to at least have these roles covered (at the very least):
- Payroll Administrator
- HR Administrator
- HR Manager
Yes, it is possible to have one person perform all these roles for a small or medium enterprise but the risk that they will get overwhelmed by having too much responsibility is huge. They’re not specialists in each area and if you expect them to oversee everything, they won’t be able do their job well enough anyway because there’s just no way someone can take on so many tasks at once! Imagine how great your business would run with an HR department handled professionally by outsourced professionals
Why should I consider outsourcing my HR function?
Outsourcing the HR function is a growing trend in business. The general assumption usually is that it’s expensive and not worth the cost but, when you start looking at all of the benefits you could derive from outsourcing your HR function, you may find itself convinced otherwise!
Business owners have a lot on their plate, and it can be difficult to focus solely on growing your business when you’re also dealing with HR issues. As an entrepreneur myself I know how frustrating these tasks are because they take up so much time that should have been spent building the company instead! But thankfully there is help available –outsourcing your HR needs will allow you more freedom to deal with the growth of your organisation while still making sure everything gets done properly at home-including taking care of your employees’.
An outsourced HR business partner will provide access to best-in-class technology and help create the right policies and programs to take care of employees’ needs and well-being, and ensure that your employees for set up for success. Additionally, the right HR outsource partner can also help you with developing the necessary HR practices and strategies to engage and inspire your employees to perform optimally – something that is mostly overlooked due to time constraints. This could include implementing strategies and processes to improve hiring and on-boarding as well as improving workplace culture, training & development, and performance management.
HR outsourcing is more than just a simple transaction. You need to find the right HR business partner who will work with you and your company, understands what it takes for success in this field as well as being passionate about helping people succeed on their journey too!
The first step of any good relationship begins by building trust which means making sure both parties know exactly where they stand from day 1 – no surprises or hidden agendas allowed here: only interest-driven service delivery because when our clients feel confident enough around us then we benefit too.
About Norco Inc
At Norco Inc we are passionate about people and processes and we treat every employee, albeit our client employees, with the respect and attention that they deserve. Contact us to understand how we can take away your HR worries. Get in touch via info@norcoinc.co.za or our website www.norcoinc.co.za
ABOUT THE AUTHOR:
Yolandi Nortje, owner of Norco Inc.