HR Outsourcing Service: What You Need To Know

In this blog post, you’ll learn how HR outsourcing helps you with everything from tracking and grading employees’ performance to providing new hires with training.

Why do companies outsource their HR services?

There are several reasons why businesses outsource their HR services. Perhaps they lack the in-house resources to manage the department, or they simply lack the time to do it themselves. Outsourcing your HR services has many benefits and advantages. Here are five reasons why you should outsource your HR services:

1. Focus on More Important Goals

If you are unable to devote sufficient time to managing your HR department, outsource the task to qualified professionals. This will free up your time to focus on more important goals for your company.

2. Receive Higher-quality Services at a Lower Cost

Outsourcing your HR services is generally more cost-effective and ensures higher-quality services compared with an in-house resource. This is because outsourced HR professionals are typically experts within the filed, with the skills set and experience having worked across a wide selection of industries, and businesses.

3. Keep Up with Current Trends

Stay updated of current labour laws and employment regulations, including key industry trends through an experienced outsourced HR partner. Doing so eliminates the cost of hiring and training new employees, while gaining access to the most updated HR and payroll work practices.

Why Should You Use BIPO HR Outsourcing Service?

Using BIPO’s HR outsourcing services offers several advantages:

• Businesses can choose from a comprehensive selection of services. These range from HR advisory and compliance, drafting employment contracts and policies in English and other languages, to advice on work visa sponsorships and applications. Outsourcing enables in-house HR teams to take on a more strategic HRBP role and contribute to the company’s growth.

• Through outsourcing, customers gain access to BIPO’s award-winning cloud-native HR Management System that integrates multiple functional templates via its digital HR platform. HR management is streamlined, simplified, and accelerated through BIPO’s HCM suite of solutions.

• BIPO’s team of payroll and HR professionals will manage the disbursement of salaries, payment of employees’ taxes, pensions, or other expenses while ensuring legal compliance in the respective countries.

Conclusion

Selecting a reliable and experience HR outsourcing partner offers many benefits. These include time and cost savings, while improving the efficiency and productivity of in-house HR teams.

To find out more about our HR outsourcing services, payroll and other value-added services, visit BIPO