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WHY OUTSOURCING HR SHOULD TOP EVERY SMALL BUSINESS TO-DO LIST
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A recent SHRM survey asked executives this question: “What do you think will be the
biggest investment challenge facing organizations over the next ten years?” For 47
percent of respondents, the answer was, “Obtaining human capital and optimizing
human capital investments.”
Small businesses cannot afford to make many mistakes when it comes to hiring, firing
and generally managing their workforce. The average cost per employee for a small
business with fewer than twenty employees is about $7600. Compare that with
companies that have more than 500 employees; their expenses add up to only $5300
per employee. Clearly, small businesses owners have strong motivation to have
competent HR professionals working in the best interests of their organization
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WHY OUTSOURCING HR SHOULD TOP EVERY SMALL BUSINESS TO-DO LIST
Introduction to Business
English
2012
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