Effective human capital management is an essential component of any company. But, some may not need (or can’t afford) an entire in-house human resources department. In certain scenarios, it may be beneficial to tap into an outsourced HR consultant or team of advisors to handle essential tasks, complete lingering projects or advance strategic initiatives. Let’s take a look at some of the main benefits you will experience from outsourcing all or part of your HR function.
Access to specialized HR expertise
Consider human resources consulting as an extension of your team. You’ll gain access to a broad range of experience that can supplement the knowledge of existing, in-house HR staff. Your advisor can tap into various specialized HR expertise – such as employee relations, recruiting and hiring, policy development, labor laws or organizational management – as needed based on the project, issue or scenario.
Flexible arrangements
An outsourced HR consultant can be as involved, or as hands-off, as your company needs. Some organizations may only require occasional assistance, while others may need ongoing human resources support. HR advisory work can be done either on a fully remote, on-site or hybrid basis, depending on the requirements of the organization and the assigned priorities or tasks.
Lower costs
Using human resources consulting services is a cost-effective way to meet your workforce management needs through a monthly rate or retainer. You can fill gaps in your HR team and get specialized support without committed to increased staffing costs. Often, the cost of just one salary provides access to a deep bench of HR professionals.
Improved compliance
HR manages several tools that are mission critical for any organization, such as an employee handbook and benefits guide. Each year brings new regulations and policy changes that must be reflected in these living documents. If your team is unable to keep pace with required updates, an outsourced HR advisor can help. You’ll gain peace of mind knowing your resources are compliant with ever-changing laws and regulations and your employees can feel confident referencing these tools for updated information.
Ready to experience these benefits at your organization? RKL’s Human Capital Management team can customize an outsourced partnership to meet your HR needs. Contact your RKL advisor or use the form below to start the conversation.
