Outsourcing Human Resources (HR) Functions and Payroll Services
Outsourcing Human Resources (HR) Functions and Payroll Services
Discover the power of our integrated approach, combining our outsourced payroll and human resources (HR) services to optimize your business operations. With enhanced efficiency and effectiveness, our comprehensive solution saves your business valuable time and resources. Benefit from accurate, timely, and customized payroll reporting and processing complemented by HR services that boost employee retention, ensure compliance, and mitigate risks. Explore the many components of our combined services below to discover how we can streamline your operations and bring clarity to your organization.
Learn more about outsourced human resources:
- Explore Outsourced HR Functions
- Why Do Companies Outsource HR?
- How Much Does Outsourcing HR Cost?
- How Does HR Outsourcing Work?
- How Does Outsourced HR Help to Grow a Business?
- How Does Outsourcing HR Reduce Costs?
- Which HR Functions Can Be Outsourced?
Learn more about outsourced payroll:
- Explore Outsourced Payroll Services
- What Are the Benefits of Outsourced Payroll Functions?
- When Should You Outsource Payroll
- What to Consider When Outsourcing Payroll?
- What Are the Risks of Outsourcing Payroll?
- Is Outsourcing Payroll Cost-Effective?
- How Much Does Outsourcing Payroll Cost?
Outsourced HR Functions
- Onboarding and startup, including onsite orientation,101 training, and manager HR
- Payroll processing
- New hires
- Employee records
- Year-end compliance reporting
- Direct deposit administration
- 401(k) processing
- Set up, review, and maintain employee personnel files
- General HR assistance
- Employee selection, orientation, and training
- Workers’ compensation
- Leaves of absence
- Unemployment insurance
- Terminations and disciplinary action
- Policies and procedures
- Benefits administration
- Open Enrollment
- Employment search
- Specialized training (e.g., anti-harassment training)
- Loss prevention
Employee Management
- Setup and paperless file management
- Onsite new hire orientation
- General HR and compliance
Benefits Administration
- ACA compliance
- 401(k) administration
Employee Records
- Paperless employee records storage
- Keeping all employee payroll records in FFS payroll/HRIS software
- Employee self-service for payroll/HR records
- Employee electronic delivery option for pay records
Workers' Comp Claim Administration
- Administer workers’ compensation claims
- Handle workers’ compensation renewal process upon request to ensure the best plans and rates are obtained
Unemployment Insurance Administration
- Appeal all EDD Notices of Unemployment Insurance Claims filed to keep unemployment rate as low as possible
- Attend appeal hearings to present cases
Policies, Procedures, and Training
- Provide state-mandated supervisory training on sexual harassment and discrimination
- New hire orientations
- Manager general HR training
Why Do Companies Outsource HR Functions?
Outsourcing HR functions is a strategic decision to manage employees, people programs, and operational efficiency. Explore the practical reasons and advantages that drive businesses to outsource HR services.
Risk Mitigation: With HR services in place, you can proactively manage potential claims and legal issues. Instead of waiting for disputes to arise, your business can leverage HR expertise to prevent common litigation and gather crucial documents for legal purposes.
Firm Foundation: Implement essential elements such as company policies, employee handbooks, new hire requirements, reporting, orientation, and training programs. These foundational components contribute to the smooth and successful operation of your business.
Manager Training: Equip your managers with fundamental HR knowledge, such as current laws, minimum wage, and salary thresholds. Armed with knowledge, your leaders can respond to employee inquiries, set standards, and manage reporting processes that help employees feel heard and supported.
Compliance with Labor Laws: Stay informed about labor laws, which often change and can be vague, with additional considerations for federal and state jurisdictions. An HR department can help you navigate the complexities and stay compliant.
How Much Does Outsourcing HR Cost?
The cost of outsourced HR functions can vary depending on your business’s needs and requirements and the additional outsourced services you secure.
While costs may vary, there is significant value in the potential cost savings over the long term, the comprehensive support provided, and mitigating potential risks. Contact us to learn more about proactively avoiding expenses related to HR challenges, such as regulatory fees and legal costs, due to non-compliance or litigation.
Other Frequently Asked Questions — Outsourced HR Functions
How Does HR Outsourcing Work?
We develop a close partnership with you to understand your business and needs. As a seamless extension and dedicated part of your team, we manage various HR-related functions. Our HR department can keep your business legally compliant while working with you to administer various programs beneficial not only to you as the employer but also to your valued employees.
How Does Outsourced HR Help to Grow a Business?
Our outsourced HR solutions are designed for professional, accurate, and compliant management, ensuring your business can concentrate on its core functions. With our expertise and seamless integration, we help create a consistent employee experience, are proactive, and streamline operations. By helping to enhance the bottom line and employee satisfaction, our partnership contributes strategically to your business’s growth.
How Does Outsourcing HR Reduce Costs?
Streamlined HR services from our expert team allow your business to remove redundancies, create efficiencies, and realize significant potential cost savings over the long term. Risk mitigation related to non-compliance and litigation also enables your business to proactively avoid expenses associated with HR challenges.
Which HR Functions Can Be Outsourced?
We help outsource a wide range of HR services, including all fundamental functions related to employee management, benefits administration, employee records, workers’ compensation claims, unemployment insurance, policies and procedures, and training. We also offer HR consulting services, providing tailored solutions and strategic guidance to help you increase your business’s overall profitability and success.
Outsourced Payroll Processing
- Full-service payroll provider
- Paychecks printed and sent directly to you
- Payroll taxes filed and paid to state and federal agencies
- Quarterly payroll tax returns completed (940/941/EDD returns)
- Year-end processing of W-2 and 1095-C forms
Outsourced Payroll Services
- Payroll processing
- Employee records
- Direct deposit administration
- 401(k) processing and administration
- Tip reporting
- Workers’ compensation
- Leaves of absence
- Benefits administration
- Loss prevention
Benefits Administration
- ACA compliance
- 401(k) administration
Employee Benefits
- Paperless employee records storage
- Keeping all employee payroll records in HRISFFS payroll software
- Employee self-service for payroll records
- Employee electronic delivery option for pay records
Workers' Comp Claim Administration
- Administer workers’ compensation claims
- Handle workers’ compensation renewal process upon request to ensure the best plans and rates are obtained
What Are the Benefits of Outsourced Payroll Functions?
Outsourcing payroll functions allows businesses to focus on their core competencies with benefits that contribute to operational efficiency, regulatory compliance, and overall success. Companies can leverage standardized processes and expert guidance to help reduce errors, prevent fraud, and develop a consistent, satisfactory employee experience.
Employee Benefits and Salary Packages
Efficiently manage employee packages to attract and retain top talent, stay competitive, and enhance employee satisfaction.
Accurate Reporting
Ensure precise and transparent reporting of payroll expenses, benefits, and deductions to minimize errors and ensure compliance.
Operational Efficiency
Outsourced payroll services streamline processes, standardize workflows, and reduce operational redundancies.
Fraud Prevention
Robust security measures and regular audits safeguard against fraudulent activities to mitigate risk and protect your business’s finances.
Compliance
Our expert team helps ensure compliance with various legal, regulatory, tax, and wage laws and requirements to avoid penalties and other risks.
Integrated Approach
We seamlessly partner with key departments, including human resources, to ensure a comprehensive approach to workforce management. From onboarding to benefits, our services help streamline communication, employee data, and collaboration. This alignment ensures efficiency and accuracy across the organization.
When Should You Outsource Payroll?
There are several reasons you may consider outsourcing payroll functions, such as:
- You want to focus on your core functions but have limited resources
- You’re growing and need help managing expansion efforts
- You have complex payroll requirements
- You want to be more efficient and accurate while reducing your risks
What to Consider When Outsourcing Payroll
There are several factors to consider when outsourcing payroll, such as:
- The provider’s expertise, reputation, and industry specialties
- Which comprehensive services and client support are provided, and how they align with your business goals and needs
- Technology, compatibility with existing systems, and security measures that safeguard data and finances
- Cost transparency
What Are the Risks of Outsourcing Payroll?
Learn how we, as a reputable provider, address common concerns of outsourcing payroll functions.
Data Security
Protecting sensitive information and safeguarding against privacy breaches are paramount. We can help enhance your security protocols, stay compliant, and reduce risks to sensitive employee data.
Compliance Risks
Providers must stay updated on evolving regulatory requirements and laws. With our expertise and dedicated teams, we stay updated on all changes to help you reduce the risk of penalties or legal issues.
Loss of Visibility
We provide custom solutions and maintain transparent communication over critical processes, giving you more peace of mind to focus on your core functions, with the added benefit of expert guidance and support.
Is Outsourcing Payroll Cost-Effective?
There are several reasons why outsourcing payroll with a reputable provider is cost-effective for your business.
Operational Efficiencies
Automating tasks, minimizing errors, and streamlining processes can lead to significant cost savings over time and enhanced operational efficiency.
Bolstering Data Security
We help you mitigate security and legal risks associated with sensitive employee and financial records, ultimately protecting your bottom line.
Strategic Decision-Making
Valuable insights and analytics help you identify gaps, seize growth opportunities, or maximize profitability, enabling informed, strategic decision-making.
How Much Does Outsourcing Payroll Cost?
The cost of outsourced payroll functions can vary depending on your business’s needs and requirements and the additional outsourced services you secure.
While costs may vary, there is significant value in the potential cost savings over the long term, the comprehensive support provided, and mitigating potential risks. Contact us to learn more.