Top human resource outsourcing companies.
Human resource outsourcing involves hiring a third party to manage human resources instead of employing an in-house team. In some instances, you might have a company say digital marketing agency but you do not have enough skills on who to hire for a specific task.
This alleviates the complexity and burden of managing various human resource administrative processes.
Human Resource Outsourcing, or HROs, as they are commonly called, have expertise in labor laws, employee benefits and compensation management, hiring and on-boarding, employee tracking and retirement.
These companies help in a smart way in managing your HR department. Handling a workload of administrative tasks associated with HR can be rather taxing for any organization regarding both time and money.
True, a dedicated team can be hired to take care of the tasks on a day-to-day basis but recent years have proven outsourcing to be a better cost-effective alternative.
A great outsourcing company can manage all sorts of critical human resource functions for you and this in turn can make you get time to concentrate and focus on goals that matter the most to your business.
Factors to consider when choosing an HR outsourcing company.
Given that human resource is an integral part of any business, you need to consider some factors before deciding on which outsourcing company you can deal with. Here are some of the factors that you should put into consideration:
-Determine what HR services need priority in your business and whether the goals in mind are long term or short term.
-You need to get and judge the company you want to enter into agreement with based on their past accomplishments, the reputation they enjoy, and their past record with the clients they have dealt with.
-Pursue through clients’ testimonials and reviews, and also the references from close friends and colleagues that you can trust.
-Get in touch through a face-to-face or telephonic conversation with a representative from the HR company and seek clarification on some crucial issues.
-Make sure the personal HR requirements and the budget go hand in hand and that you don’t exceed your budget while hiring a HR outsourcing company.
The advantages of hiring HR outsourcing companies
Focus on growth, not administration
When employees and company owners are not HR experts, they can easily waste time trying to perform essential tasks by trying to understand regulations and other paperwork requirements.
Using HR outsourcing companies can free up time for strategic planning hence help the business to grow.
Helps businesses to take care of their employees
Professional HR outsourcing ensures employees receive the benefits, care, training, and support they need to feel valued. Providing solid HR support along with other morale boosters makes employees feel appreciated and helps improve their performance.
Helps a business to follow complicated rules and regulations
Local and state to state rules change very often. This also includes federal employment regulations that vary from state to state and change very often too. It’s difficult to keep track of this.
A dedicated HR outsourcing company will know about these rules and all the changes and this keeps you on the safe side of the law and makes you avoid penalty fines, or even worse, business training litigation costs.
Helps businessmen practice smart spending
Outsourcing HR services can help organizations optimize spending in a variety of ways. It helps put off The expenses and risks of hiring a full time HR team while also maintaining compliance and proper employee support.
Outsourced HR professionals have expertise and knowledge and this puts them in a position that enables them to also get the best deals on the best benefits, coverage, and other company-wide services and systems.
TOP HR OUTSOURCING COMPANIES.
1.Rippling.
This company is best for talent recruitment, onboarding, training, and payroll management. It is perhaps best known for being a fully-fledged PEO solutions provider.
However, it has end-to-end capabilities that can’t go unnoticed. It provides organizations with a platform that streamlines the process of talent recruitment and onboarding from start to finish.
You can use this platform to publish multiple job posts simultaneously all across popular job boards in just one click. You can then customize interview stages based on the positions, seniority, and departments you are hiring for.
You can then build comprehensive reports to measure the efficiency of the recruitment process based on several key factors.
The company was founded in 2016, it deals with an employee size of between 1 001 and 5 000, has its headquarters in San Francisco, California, US and is located in the US.
Key features.
-Application tracking.
-Custom set custom hiring workflows.
-Compliance training.
-Access to ore-made training courses.
-Automated calendaring.
Pricing-contact for a free quote.
2.TriNet.
TriNet gets you covered in almost every key aspect of HR. It’s best for training and compensation guidance.
It offers a simple solution to manage both taxes and payroll. It also ensures employee-related compliance issues are dealt with positively and helps you acquire the best talent for your company by simplifying the process of staffing.
It’s especially great for the consistent training program it develops and deploys to help all types of employees, including those in leadership roles, to upgrade their skills.
It was founded in 1988, it deals with 3 600 plus employees, has its headquarters in Dublin-California, US, and is located in the US.
Key features.
-401(k) retirement planning.
-Expense management.
-Employee practices.
-Risk mitigation.
-Deals with employee retention.
Price -contact for pricing.
3.Insperity.
Insperity provides a range of full service HR functions based on the number of employees that your organization has.
It’s best for providing customized HR services based on the number of employee sizes. It assists you in end-to-end talent management and helps you design employee handbooks, training programs, and write detailed job descriptions among other things, to help in the recruitment of the right talent.
This company also offers solutions which can expertly streamline and automate key HR tasks such as payroll processing, benefits management, retirement planning and more. On top of that, it aids companies by providing insurance coverage for their employees.
It was founded in 1986, it deals with 3 000 plus employees, has its headquarters in Houston, US and is located in the US.
Key features.
-It helps companies offer access to health insurance coverage.
-It helps in HR administrative and payroll management issues. It offers intuitive HR support.
-It streamlines performance and training management.
Price-contact for free quote.
4.Gusto.
This company is best for full service payroll management and a special mobile wallet app. It’s especially ideal for managing your company’s payroll though It provides a range of solutions that simplify HR services in general.
Gusto can automatically file your payroll taxes, track benefits and changes happening in tax laws, store employee 1-9s and W-2s as well as contract 1099s online. On top of payroll management, Gusto also helps with employee hiring and onboarding.
But the mobile wallet app stands out because it can be used by employees to manage paychecks, access emergency cash, save money, and much more.
Gusto was founded in 2011, it deals with employees of between 1 000 and 5 000 and has its headquarters in California, US.
Key features.
-Enables automatic deductions and filing of taxes.
-It tracks time-off requests, employee requests and such other issues.
-It helps manage direct deposits.
-It offers consultation from HR professionals and experts.
Price
*Core-$39 per month{$16 per month per person}
*Complete-$39 per month{$12 per month per person}
*Concierge -$149 per month{$12 per month per person }
5.Bambee.
This is a leading HR outsourcing company that caters to the needs of small businesses. The services they provide are driven towards simplifying HR related tasks of businesses that have less than 500 employees.
Bambee leverages highly skilled HR professionals to offer customized HR services to its clients. The professionals they provide are well trained in compliance and customer services as well as automating crucial HR related tasks.
This is achieved by facilitating up-to-date HR policies, consistent two-way feedback between employees and management and mandatory training, which ensures your business remains both relevant and HR compliant.
It was founded in 2016, it deals with 300/employees and has its headquarters in Los Angeles, US.
key features.
-It offers training and certification to keep staff compliant.
-Offers HR auditing.
-There is policy customization.
-Payroll management.
-Helps with federal, local, and state management.
Price
*$99 pet month for 1-4 employees
*$199 per month for 5-19 employees
*$299 per month for 20-49 employees
*Custom plan for 50-500 employees
6.Accentive HR Services.
Accentive is arguably a leading pioneer of the HR outsourcing industry. It’s best for data-driven and AI-aided talent management.
It leverages data and analytics and artificial intelligence to offer the best suited and tailored solutions to HR leaders worldwide.
Accentive offers services that effectively automate critical HR tasks like applicant training, attendance monitoring, and regular performance evaluation. The system employed by the company is adaptive in a remarkable way.
It’s smart enough to identify opportunities for improvement and adjust to accommodate changing talent needs. Above all, it emphasizes the search and recruitment of the right talent.
It was founded in 1989, it deals with 624 000 employees, its headquarters is in Dublin, Ireland and it is located worldwide.
Key features.
-It offers AI-assisted talent management.
-It helps in talent acquisition.
-Helps in talent training and development.
-Helps in devising employment retention strategies.
-It has a flexible service delivery model.
Price-Contact for quote.
7. ADP.
ADP offers a comprehensive suite for HR solutions that are good for small businesses outsourcing.
Their services are ideal for companies that are categorical in their HR demands. For instance, if you only need help with benefits plan administration, then ADP can offer you that specific service from their huge catalog of HR services.
ADP also offers business insurance to assist companies with providing insurance coverage to their employees.
It was founded in 1949, deals with an employee capacity of 58 00, has its headquarters in New Jersey, US, and is located and serves worldwide.
Key features.
-Helps in attendance management.
-Helps in payroll processing.
-Helps in business insurance for employees.
–Facilitates recruitment and consulting.
-Helps in retirement planning.
Price-contact for a custom quote.
8.ACS.
This is one of the best HR consulting firms in the industry and it offers end-to-end talent management solutions.
It is best for HR consulting and full service talent management. The company helps you recruit the right staff, train them if need be and manage crucial aspects of their role in the organization.
It can also help align your business goals with those of your employees which helps by promoting effective employee relationship management. ACS also employs programs that can drive culture change and improve the general HR perception of your organization.
ACS was founded in 1998, it deals with 21 000 plus employees, has its headquarters in Duluth-Georgia, USA, and is located and serves worldwide.
Key features.
-W2 payrolling.
-Direct sourcing agent of record solutions.
-Strategizing talent acquisition and management.
Price-contact for quote.
9. Adecco.
Adecco is a staffing company that is perfect for sourcing talent for temporary positions. It thus specializes in managing high employee turnover and organizational planning to increase manpower.
It can also help an organization source and recruit for both in-house and remote positions. It has a diverse pool of talent to choose from. Not only does Adecco help with hiring staff, it also offers customized training programs to help develop the hired talent.
By using their data-driven approach, a business is also able to determine an appropriate pay rate of its employees.
It was founded in 1996, it deals with 34 000 plus employees, its headquarters is in Zurich, Switzerland, and it is located and serves worldwide.
Key features.
-It offers a fully-digitalized employment sourcing.
-It offers replacement services.
-It helps in career counseling.
-It helps with onsite management.
Price -contact for quote.
10. People Business.
People business is a company best suited for businesses of all sizes to help them to acquire a wide range of HR services.
The company can help you with sourcing, conducting interviews, and recruiting the right personnel fit for the job. It also helps design special training programs to develop and prepare new recruits for their role.
It also offers special programs tailored for managers that help them prepare for promotions, as well as improving employee engagement which drastically reduces employee turnover rates.
It was founded in 2000, deals with between 10 to 50/employees, has its location in Ottershaw, UK and is located in Surrey, Sussex, Greater London, Hampshire, Berkshire, and Hampshire.
Key features.
-Full service sourcing and recruitment.
-Employee training and development.
-Employee counseling.
-Planning restructure of the business.
Price-contact for a free price quote.
11. Paychex.
This is a Human Resource outsourcing company known for payment management solutions and software that it offers.
It provides solutions that cater to the needs of all types of businesses, regardless of their size. The services it offers expertly automate the entire payroll process.
Paychex’s payroll solutions automatically calculate, file, and submit taxes on your company’s behalf.
It also offers all the other HROs services like employee recruitment, training, retirement, benefits planning, and much more.
Paychex was founded in 1971, it deals with 14 300 employees, has its headquarters in New York, USA, and is located in USA, Germany, Sweden, Denmark, Norway, and Brazil.
Key features.
-Group health insurance and provision of other benefits.
-Retirement services.
-It offers HR consulting.
-Helps in the time and attendance section.
Price- contact for a custom quote.
12. G&P.
G&P creates a customized plan that best suits your company’s specific needs and requirements. It is best for offering advanced integrated HR technology.
G&P offers almost all the services you need to handle your company’s HR functions. The payroll services they offer are especially. singled out and lauded as being error free, timely, and compliant.
It was founded in 1995, it deals with 45 000 plus employees, has its headquarters in Texas, USA and is located in the USA
Key features.
-It offers payroll processing and administration.
-Helps in time and attendance management.
-Helps in employee benefits administration.
-Has a tailor-made recruitment program.
Price-contact for a quote.
SUMMARY.
Human resource is arguably the most valuable asset a company can have. Managing it well is imperative for the success and long-time growth of any business.
When overwhelmed by HR related tasks, fulfilling core business objectives becomes a struggle. The cost of recruiting, training, and orientation of a dedicated HR team can be costly.
And there’s a risk of having an incompetent and inefficient personnel. Companies normally resort to seeking the services of HROs. HR outsourcing handles services pertaining to human resources like payroll processing, recruitment, training, benefits plan management, and more.
This, apart from alleviating the burdens associated with those tasks, ensures that the tasks are executed accurately and in compliance with the expected standards.
By hiring a reliable HR outsourcing company, you get to focus more clearly on other important areas of your business.
Quality HR services help you to capitalize on the latest HR outsourcing trends as well, hence helping you stay one step ahead of your competitors for seamless HR management.
