Why would you outsource?
HR outsourcing provides the flexibility to manage business changes without incurring any longer term, legal liabilities or fixed overhead costs of qualified HR professionals and additional office space, equipment and facilities, whilst benefitting from the full range of professional HR expertise.Outsourcing provides full 52 week coverage to fully reflect an organizations requirements, whereby it is unnecessary to factor-in the lack of HR during 5 weeks annual leave, nor any additional absence due to sickness etc.
What are the benefits?
Whether a start-up enterprise, expanding SME, or a UK subsidiary of a global organisation, for whom it is uneconomic to initiate an in-house function, yet require the services of a professional HR company, or a larger organization requiring an “on-tap” resource to facilitate the management of peak HR workloads, outsourcing provides an effective solution at all times. Organizations do not incur the financial costs of providing office space, furniture, pc’s, telephones and other fixed, long term overheads
Is it really more cost effective?
With HR Outsourcing, the complete range of expertise is available at any time, with the need for each level of expertise varying on a monthly if not weekly basis and yet at a fixed cost. Therefore, for an SME, smaller organisation or a UK subsidiary of a corporate company, the cost savings are likely to be in the 50% - 60% range as compared with an in-house function. So for an estimated comparison costing for your own company as compared with an in-house costing, please see Why Outsource.
“Over many years, PSM have provided a commercially tailored HR function combining the HR, legal expertise and administrative support alongside the relevant soft skills and sensitivity for our employees, hence we view them as the perfect HR partner”
Steve Sylvester | Managing Director, UK & Ireland, KOMPAN
