Website design By BotEap.comIf you’re considering starting a business, you may want to avoid the hassle, headaches, and burdens that go into building your HR infrastructure.

Website design By BotEap.comThe greats are doing it!

Website design By BotEap.comAs recently as the early 1990s, HR outsourcing was a very small emerging option that was greeted with skepticism by large companies (billion+ in revenue). These early outsourcing companies did not have the tools, pathways, or resources to meet the demands of their early clients, but with the vast improvements of the Internet and workflow processes, by the early 2000s, outsourced human resources had become a $165 billion industry.

Website design By BotEap.comNot only did it grow but it grew very well as far as retention. An Accenture study in the mid-2000s showed that more than 80% of companies that chose to outsource HR functions were satisfied at both the management and employee levels. During this period, Shell Oil Corporation was able to reduce HR infrastructure and overall HR costs by 40% while improving benefits and employee retention.

Website design By BotEap.comGreat, it works for the greats, what about the startup?

Website design By BotEap.comWith this in mind, anyone considering starting a business can stay focused on the business they are building, trying to meet policy issues and finding all the right tools to track all the employee needs. This cumbersome task is slow and expensive.

Website design By BotEap.comWith a little research and due diligence, a start-up can identify cost-effective solutions that are now plug-n-play and will develop a partnership with their vendor. Many of the options in today’s market are well suited to grow as the underlying startup grows.

Website design By BotEap.comAny glimpse into the world of startups today shows the great need to get HR right from the start, rather than the mad scramble that seems to be in the news on a weekly basis as companies fail on this most critical issue in running a business.

Website design By BotEap.comCash is king!

Website design By BotEap.comAs a new business, it is always important to hold cash for as long as possible. What many startups fail to see is that high cost investments in HR infrastructure have no ROI, these costs can be avoided by turning to the outsourcing company. Yes, there is still a cost, but it is spread over each new hire.

Website design By BotEap.comTwo other cost-saving benefits that many are unaware of in today’s marketplace are pay-as-you-go, worker’s compensation, and payroll financing. Each of these silver bullets can be a cash-saving lifeline for any new business.

Website design By BotEap.comWith the proper background research, all of these great tools can be a part of any start-up that chooses to outsource its HR infrastructure.