By Elizabeth Rice, SPHRAs the complexities in HR have grown and the service delivery of HR department has shifted, companies have broadened the scope of HR services that are being outsourced. Once traditional payroll and benefits administration back office transactions have given way to large HRO and BPO (Business Process Outsourcing); deals in which entire…
Read the full storyThe popularity of HR outsourcing services is growing rapidly. These companies offer small- and mid-sized business the peace of mind knowing that back-office functions are being handled professionally so that continued focus can be put toward growing the business and generating more bottom line revenue.In a recent article from WhaTech, citing data contained in the…
Read the full storyMany small- and mid-sized companies have a need for HR services but aren't in a position to be able to hire a full-time, dedicated person or team to do the job. This is the reality for many organizations, but one viable solution is to hire an HR outsourcing firm to handle traditional back-office support tasks.These organizations…
Read the full storyThere are a number of reasons a business would hire a company of record to help manage back-office support functions. One of these is to free up owners to deal with action items that contribute to company growth. Getting help in managing the stress associated with ensuring that workers are paid correctly and on time, in addition…
Read the full storyHR outsourcing services offer businesses a number of benefits. Not only does it lower operational costs by bringing down overhead, but it can also make a company more efficient by removing the management of back-office functions that require close attention to detail and can generally be time consuming. These services offered by third-party companies are…
Read the full storyFor many businesses, partnering with an employer of record can be extremely beneficial to their operations. These companies essentially handle all back office support tasks, many of which can be overwhelming for owners of small to midsized firms.However, there are many organizations who may not be aware of these services or how they can help a…
Read the full storyFor many workers, benefits are considered one of the most important items in their compensation packages. Prospective employees will often make a decision on whether to work for an organization based on its healthcare, pension and retirement offerings. However, employee benefits administration can be a time-consuming task for owners of small to medium-sized businesses. It's for…
Read the full storyFor many temporary workers being sent out on assignments, the ultimate goal is to impress the employer enough to be converted into a regular, full-time employee. For staffing agencies, they also like to see supplemental staff hired by their clients as it represents a financial win for both parties. As the global economy improves, the number…
Read the full storyMany large companies often enlist the help of temporary workers as a way to offset any production gaps that would commonly be filled by full-time, permanent employees. However, many small businesses are beginning to bring on contract workers to address open needs as well, according to a report from Entrepreneur.The magazine stated that many independently…
Read the full storyManaging payroll is much more than ensuring that workers are paid on time. There are a number of other tasks associated with this critical business function, the most important of which is submitting timely and accurate reports to the Internal Revenue Service.According to Article Bay, citing information from Businessweek, not sticking to payroll reporting deadlines…
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