The Top 5 Reasons To Consider Outsourcing The HR Function Are:
Cost Reduction
Outsourcing of HR enables companies to cut costs while focusing on core business and customer-oriented activities. Savings of about 30% have been observed in outsourcing as compared to maintaining an in-house HR department, entailing peace of mind in knowing that all HR functions are managed by experts so that the company can work on achieving its goals.
Mitigation of Legal Risks and compliance with UAE rules and regulations
Rules and regulations and legal precedents in HR can be harrowing to manage. Entrust your HR functions to professionals who specialize in HR, are aware of changes in rules and regulations, and can ensure minimum exposure to legal risks for your company such as the risks accompanying HR practices and employment laws.
Improved Focus on Business Processes
When HR is taken care of, your team can work towards achieving business growth by focusing on improvising business processes. For example, a healthcare firm can focus on improving their medical services. An automotive maintenance company can focus on maintaining and fixing vehicles. Therefore, outsourcing HR enables for more time and energy to be spent on making sure business revenue grows, while being rest assured that HR is in experienced hands.
Enhanced Employee Morale
Companies who provide HR solutions are proficient in focusing on employees and their development. HR solution providers assess gaps in employee productivity, following which they suggest and implement employee development measures such as Performance Management and Training & Development. This helps in boosting the morale of employees. When employees are happy, there is higher productivity due to less attrition.
HR Expertise
Businesses are mostly the outcome of passion. Be it city tours, restaurants, or motorcycle maintenance, something excited the owner enough to convert his passion into an enterprise that makes profit. However, very few enjoy handling employee contracts, employment laws and payroll. This is why HR outsourcing has risen in popularity. The idea behind outsourcing of HR is to let the experts handle these functions, so that the business can focus on building its expertise in its core activities.