Remember when you first launched your business? I bet managing HR was probably at the bottom of your to-do list. You were likely too caught up in keeping the lights on and getting your first few customers.

But have you ever found yourself almost banging your head on the desk, trying to figure out the latest employment laws? That's a dead giveaway you might need some help. This is where bringing in an external HR company can make a huge difference. In this post, we're going to chat about six reasons why outsourcing your HR could be the best move you make for your business.

1. Cost Savings

HR costs don't stop at salaries. They pile up with all the software updates and training needed to keep up with the latest trends and laws. If you're looking to trim unnecessary expenses to boost growth, outsourcing HR might be your answer. Research suggests that companies can save between 20% and 37% by going this route, an upside especially for small and medium-sized businesses feeling the HR pinch.

2. Access to Expertise and Technology

As someone who specializes in your field, you get the importance of using the right tech and expertise. HR companies come equipped with tools and knowledge you probably didn't even know existed. They've got some seriously cool HR tech that streamlines everything from payroll to benefits management, making life a lot easier.

3. Compliance and Risk Management

Keeping up with employment laws is a full-time job in itself, significantly when they can change overnight. Companies like Waddington Brown and others are built to stay current. They don't just keep up with general employment laws; they're on top of the niche ones too, specific to different locations and industries. They help you develop solid policies and procedures, minimizing the risk of employee disputes blowing up into legal issues.

4. Enhanced Employee Experience

Want happier, more engaged employees? Introducing them to external HR services can do wonders. These services come with a fresh, unbiased perspective and offer everything from wellness programs to career development opportunities and cutting-edge performance management systems.

5. Focus on Core Business Functions

A big key to business success is knowing when to delegate. Focus on what you're good at and step back from what you're not. Great leaders know when to hand things over for the betterment of the business. Shift your energy to what's essential for your success.

6. Scalability and Flexibility

Scaling a business isn't just about increasing sales; it's about expanding your capabilities without the growing pains. An external HR firm can quickly adjust to your changing needs, whether that means ramping up during your peak season or scaling back during slower periods. This adaptability ensures that your HR capacity aligns perfectly with your business demands at any given time, without the overhead of hiring more staff or cutting back drastically.

Conclusion

Growing a business is tough—no secrets there. A big reason people struggle is due to the complexities of managing different personalities within the business. Partnering with an HR company means steering towards better control over aspects of your business that previously felt out of reach. It's about buying time to focus on scaling and expanding your operations.