If you’re a small to mid-size business owner, doing your own HR will NOT save you money.
Here’s why:
Expertise & Knowledge: HR involves many different parts, like employment laws, handling of benefits, hiring and managing people, and of course dealing with people issues. If your company is small to mid-size, it might be hard to have experts in all these areas. That's where outside HR firms or consultants (like me) come in handy, because we know a lot about different HR stuff.
Time & Resources: Running HR in-house means using up the time and energy of your current staff. This can distract them from their main role, making work less productive. And less efficient too. Plus, they might not be experts in HR stuff, which could lead to mistakes and legal implications. That’s a big no-no and you don’t need those headaches. Let the consultant worry about compliance for you and help avoid legal issues.
Cost Effectiveness: It might sound strange, but getting HR help from an outside source/consultant can actually save you money, especially for small or medium size businesses. Having a whole HR team in-house can be costly because of salaries, benefits, training, and ongoing professional development.
If you, or someone you know is considering some HR help, we should chat!