The benefits of HR outsourcing.
For small to mid-sized companies, especially those in growth mode, increased responsibilities related to human resources can quickly take over. To reclaim time once spent on revenue-generating efforts, it’s possible you’ve looked into hiring one or more employees to take on these administrative tasks. But even though you’re growing, you may not be comfortable with assuming the overhead and expenses of an internal HR department. If you’re looking for HR support that won’t place any undue burden on your bottom line, HR outsourcing could be the answer.
Cost Savings
When you consider the costs of handling your company’s HR functions internally, it can add up quickly, with necessary investments including:
- Full-time HR professional
- Payroll system
- Time and attendance system
- Recruiter
- Legal fees
- Benefits acquisition and administration
Finding one individual with knowledge in all of these areas is unlikely, and odds are you would have to hire at least two to three employees to address all of your growing needs. With G&A, you tap into an entire team of HR and back-office administration specialists for about the price of one full-time employee, allowing you to release the burden of time-consuming daily tasks to trusted and proven HR experts.
High-Quality, Affordable Benefits
Second only to salary, an affordable benefits package is one of the top considerations for candidates evaluating job opportunities. Providing your current and potential employees with quality benefits, however, is easier said than done. For small and mid-sized companies, especially, the search often results in a disappointing list of insufficient options at outrageous price points.
At G&A, we’re able to leverage the buying power associated with our large client base to negotiate the best rates possible on our benefit offerings, without sacrificing quality. When you partner with us, we pass those savings on to you, allowing you to create a competitive benefits package that will attract and retain top-tier talent. You also gain access to a team of benefits specialists that can oversee and administer every aspect of your benefits offering (from insurance to retirement plans).
Our Fortune 500-quality benefits include:
- Medical insurance
- 401(k) retirement plan
- Life insurance
- Vision insurance
- Dental insurance
- Disability insurance