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| General PEO Information |
| Risk Aversion, Cost Effectiveness: Two of the best reasons to outsource your human resource functions |
Two of the best reasons to outsource your human resource functions
Close to 100 percent of companies, according to John McGlone with Buck Consultants, are outsourcing some human resource functions. Letting us handle some of the paper-shuffling that takes up so much of your time may be one of the most cost-effective business decisions you’ve made in a long time.
Letting go of responsibilities like payroll, benefits administration, and tax payments is difficult for some business owners. Paul Halpern, owner of a business specializing in wooden furniture frames was one of them. “The concept of wiring my money to this company on Wednesday and having them deliver my payroll o Friday left me apprehensive,” he says. “What if they don’t pay the taxes that are due? Are they going to do everything that they say they’re going to do?”
Halpern’s worries dissipated gradually as his bookkeeping workload decreased and his employees expressed appreciation for their improved benefits. His decision was cost-effective because it left him so much more time to concentrate on building furniture—and that’s what he really does best.
In addition, many business owners are attracted to our services because of the risk-aversion factor. Big corporations can afford to have an entire department dedicated to recognizing and eliminating risks. That isn’t an option for a smaller company.
Generally the task of insuring that parking lots are properly lighted, making sure chemicals are stored safely, and checking the smoke alarms and sprinklers falls to a manager or even the owner. Worse, no one checks at all.
We are able to help you get a handle on some of these problems before they turn into costly accidents. Often, our Risk Management specialists can help your company eliminate risks you didn’t even know existed.
We can limit some of your expenses, and a lot of your risks. That’s a business option worth looking into.
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