Today’s demanding business environment requires organizations to be more flexible and maneuverable than ever before. With that in mind, there are many reasons organizations are turning to on-demand HR solutions. Here are just a few advantages you should consider when looking at an on-demand solution for your human resources needs.
As businesses look to become nimbler in an ever-changing operating environment, flexibility has become a key component for many firms. The HR department is no exception to this trend. Whether you suddenly need to scale up or pare back, an on-demand solution can offer you flexibility that an in-house HR department can’t. When demand is high, your on-demand service will deliver more to meet your needs. Similarly, if your business is experiencing a downturn, you can scale back your HR operations quickly and easily. That allows your HR department—and your business as a whole—to be more flexible in negotiating the challenging environment of today’s business world.
EXPERT KNOWLEDGE WHEN YOU NEED IT
Does your HR department consist of a payroll specialist, a benefits administration expert, and a tax filing whiz, along with expert recruiters? Or do you expect your HR team to have more generalized knowledge about a variety of functions? While generalist knowledge is important, it can also be problematic when a new or unforeseen issue crops up or a special project comes along. On-demand HR allows you to access expert advice when you need it, so the next time a glitch in the payroll system rears its head, you don’t need to rush out and hire a payroll specialist. Instead, call on your on-demand HR solution to get you in touch with the specialists who have the knowledge you need.
THE SERVICES YOU NEED
Maybe your company is a small operation experiencing growing pains and you need to add staff quickly. Or maybe the government made a big change in the way they categorize businesses and that will seriously affect your tax filing. Or it could be that headquarters just instituted big changes to the way they do payroll. Whatever service you need, an on-demand HR solution can provide it when you need it. By contrast, your in-house staff may not have expertise in the area you need at any given time. An on-demand solution can mould and re-mould your solution to fit your service needs as your business changes and grows.
Perhaps the biggest concern on any business owner’s mind is the cost-effectiveness of their HR solution. An on-demand service, at first glance, might seem like it could cost a company a lot more, but the truth is that it’s often more cost-effective for firms. The flexibility realized in staffing and service provision extends to costs as well. While you may have a contract stipulating some minimum level of service, you’re also likely to pay on either a flat-fee model (meaning that your costs never go up, no matter how much you’re using in terms of resources), or a fee-for-service model. That means that you’ll pay a little more when business picks up or you have a special project in the works, but less when you’re not using as many resources.
DOES AN ON-DEMAND HR SOLUTION MAKE SENSE FOR YOU?
Choosing to use an on-demand HR solution is a big business decision, no matter the size of your company. With all the benefits available, however, an on-demand solution could make a lot of sense for your company. You may be able to realize cost-savings and increased flexibility, as well as ensure that you’re getting the services and expert knowledge that you need when you need them.
Felicia is the manager of human capital solutions at AugmentHR. With over six years of recruitment experience coupled with multi-faceted HR roles, Felicia is an expert in matching people with the right role and environment. She has worked in many different industries, including investment banking, HR consulting firms, medical, and commercial. Understanding people is one of her strengths, and she has recruited at every level, from directors, project managers, and engineers to operators and general labourers. Her ability to network and develop relationships has been a key tool to her success. With approximately two years of experience managing people and creating a positive work environment, Felicia’s diverse skill set makes her a well-rounded individual. Her business education and background help her identify different business needs and human capital solutions.