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HR NEWS
Stay up to date with current trends in Human Resources.
Outsourcing the HR Function: How and When to Outsource Human Resources to a Third Party
BUSINESS NEWS DAILY • May 25, 2023
Should you outsource HR or keep this function in-house? Here's what to consider.
- HR outsourcing is what happens when organizations use an outside service to handle some or all HR tasks.
- HR outsourcing functions include payroll processing, employee benefits administration and other business needs unrelated to day-to-day company operations.
- Outsourcing HR saves time and money. However, your employees may prefer interacting with in-house HR staff.
- This article is for business owners considering outsourcing HR functions.
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What Is a Co-Employment Model?
BUSINESS NEWS DAILY • March 10, 2023
Are you spending too much time bogged down with HR and payroll? Offload those responsibilities with co-employment.
- Co-employment allows small and midsize businesses to access payroll, human resources, and compliance support by working with a professional employer organization (PEO).
- Co-employment can help small businesses provide employees with better benefits, including health coverage.
- The business still oversees hiring, firing, and day-to-day employee management, but the PEO is responsible for payroll and benefits.
- This article is for small business owners interested in leveraging co-employment to reduce their administrative burden or improve their benefit offerings.