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7 Reasons How HR outsourcing can Benefit your Business

Being comprised of HR and employment law professionals, HROs can help navigate these laws and regulations that can often be difficult for non-legal professionals to understand.

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7 Reasons How HR outsourcing can Benefit your Business

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  1. 7 REASONS HOW HR OUTSOURCING CANBENEFIT YOURBUSINESS

  2. PEACE OFPROTECTION Being comprised of HR and employment law professionals, HROs can help navigate these laws and regulations that can often be difficult for non-legal professionals tounderstand. Business owners can rely on their HRO partner to keep them up-to-date with new and changing laws, while also providing suggestions for improving policies and procedures to help avoid potential difficulties.

  3. BETTER FOR REMOTEWORK As the COVID-19 pandemic continues to surge across the world, a growing number of businesses are resuming their remote operations into2021. HROs can assist with this continued transition by providing general guidance and support, along with digital training and resources foremployees.

  4. ENHANCEDPRODUCTIVITY With the support of an HRO partner, business owners and managers can spend less time worrying about forms, training, disputes, and more. Not only do HROs assist with HR, but they also provide services related to payroll, benefits administration, and risk management that can create even moreefficiencies.

  5. CostSavings The hiring and retention services provided by an HROcan reduce expenses related to employeeturnover. And speaking of personnel, many business owners decide not to hire or maintain an internal HR and payroll team while partnering with an HRO, thus saving additionalresources.

  6. INCREASED GROWTHAND PROFITABILITY Per the National Association of Professional Employer Organizations (NAPEO), the expected annual median revenue growth for HR outsourcing clients was once reported to have been 40% greater than that of similar businesses. They also reported that those utilizing HROs were 16% more likely to report an increase inprofitability.

  7. HRPROFESSIONALS KNOW THEBEST The professionals within an HRO firm are extremely experienced in bringing in new employees. They can help you avoid mistakes that might come up during the hiring process, such as poorly conducting a job interview and help the process runsmoothly.

  8. GATHERING ALL THE NECESSARYINFORMATION Gathering the information needed for a new candidate can bedifficult. An HRO organization will know what information is needed and what might be the right time to request it. This can simplify the interview stage, as all required information will be in place for each candidate.

  9. THANKYOU! info@synchronyhr.com www.synchronyhr.com (314)222-5770 CREDITS: This presentationtemplate was created by Slidesgo, includingicons by Flaticon, and infographics & images by Freepik.

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