Outsourced HR simply means, you do not have to have the overall responsibility for HR in-house. An expert HR firm or HR Consultancy/Company can take on the burden for you.
HR Consultancy businesses take on different types of work. It’s important that you find a HR Consultancy that is going to provide the work you are looking for. Many HR Consultancies just provide HR advice and guidance, whilst others provide this and HR project work, training, mentoring, recruitment, benefits, communications, payroll, organisational development and much more.
Services can be provided on an ad-hoc basis, or on a monthly retainer. The benefit of a monthly retainer with my HR company is that I dedicate my services to my retained clients over and above any ad-hoc clients. I also allow clients to roll over any unused time up to 6 months. The rolled over time can then by used for HR projects or initiatives.
Having an outsourced HR Consultancy undertake your HR activities, which gives you piece of mind that you can scale up and down as the business requires, saving you money. Retained contracts are also usually cheaper for the client than ad-hoc fees for the same service.