subject: HR Consulting Works Wonders for Business [print this page] HR Consulting Works Wonders for Business HR Consulting Works Wonders for Business
Rising unemployment and insurance rates coupled with new complicated tax laws can wreak havoc on a business owner's focus. Hiring an HR Consulting firm saves valuable time and money. It's not a luxury. It's a necessity.
HR Consulting companies provide a much-needed service to businesses of all sizes. They offer sound advice to minimize the most common mistakes employers make when it comes to Human Resource and Compliance issues. With unemployment on the rise, companies can't afford not to hire an HR Consulting firm.
Keeping up with Unemployment Compensation laws can be a time-consuming task for employers. Mishandling claims, or simply not responding in time, can prove costly. Most HR Consulting firms not only act as a third party administrator for the company, they can also assume the unemployment tax liability, saving thousands of dollars to business owners.
Employees reap many benefits as well. Most HR Consulting companies offer discounts for goods and services, low-cost disability insurance, and comprehensive payroll systems. Health care and dental insurance costs are minimized by the resources and expertise of these firms that can assist you in finding high-quality and low-cost health benefits.
Financial savings plans such as 401(k) Retirement Plans, Health Savings Accounts (HSA), Flexible Spending Accounts (FSA) and Pre-Paid College Fund Plans can all be coordinated expertly through HR Consulting firms. Often, business owners are overwhelmed or uneducated about certain benefits that could be made available to employees, so they simply don't bother to investigate it. An HR Consulting firm can make these benefits available to employees, which in turn gives the organization a much needed boost in morale.
HR Consultants are experts in their field. Well versed in effectively training employees, they can assist with team building activities and coaching strategies for every industry. Their skilled techniques in conflict resolution can transform a negative environment into one of mutual respect and understanding.
When a business owner hires an HR Consultant, he is usually relieved to find that the countless hours spent on complicated issues no longer take up his time. This allows management to focus on the product or service that made the company successful - not on day-to-day hassles of HR issues, tax laws and insurance rates.
HR Consulting firms don't take over the company or rearrange the business model. What they do is empower business owners with knowledge and insight into their most valuable commodity: their work force.