Businesses today are facing more and more budget constraints and may look to streamline departments that do not directly contribute to income generation. As a result, support departments like HR might be scaled down.
HR however is still a vital function to maintain quality and compliance within a business.
By choosing fractional HR to outsource your HR function – by either completely outsourcing it to an HR service provider like Peach Law (HR & Employment Law Specialists) or as a bolt-on to your internal HR department – you can focus on all of the commercial aspects of running your business and relax in the knowledge that you have the experience and expertise of a HR Specialist to call upon, as and when required.
Fractional/outsourced HR can also provide interim cover for periods of leave like maternity or long term sickness and is a cheaper option than short term hiring.
Benefits of outsourcing HR:
1. Lower costs and overheads – outsourcing HR means fewer salary expenses, benefits and office space etc to cover.
2. Time saving – outsourcing HR gives you back valuable time to focus on the running of your business.
3. Minimising risk – outsourcing HR will ensure you are kept up to date with ever changing employment law legislation – particularly when at “Peach” we have our own Employment solicitors.
4. Training and development – outsourced HR can deliver training to improve the capabilities of Line Managers and staff on a variety of topics.
5. Scalability – outsourced HR can scale services up or down based on business needs, making them ideal for companies with fluctuating staffing levels.
6. Provide support to streamline or improve processes and digitise HR transactions.
7. Reduce overall payroll costs & employer NI contributions – a outsourced HR Specialist can advise on salary sacrifice schemes that reduce taxable income therefore reducing NI contributions.
What HR Functions Can Be Outsourced to Peach Law (HR & Employment Law Specialists)?
– HR compliance and legal support (by qualified solicitors)
– Employee relations and conflict resolution. For example: performance issues, behavioral issues, recognition and engagement, disputes between employee and manager, bullying and harassment, disciplinaries, investigations and grievances.
– Recruitment and onboarding
– Performance management systems
– People Manager Training
– Payroll processing
– Employee benefits administration
Are you considering outsourcing or need help with HR? Contact us today.
