To be curious is good for your mind but to be skeptical beyond necessary are apparent forms of disillusions. It is no surprise that you must have come across several myths and misinformation spread all over the internet about HR consultancy. But have you ever put in an extra effort to separate the truth from the false? Well, it is important to do or else many like you are going to be affected by not reaping the benefits that HR consultancy can provide you with.
Debunking myths about HR Consultancy Services
1- Outsourcing HR Consultancy Services has a Negative Impact on Employee’s Experience:
Every business owner has a fair share of their skeptics when it comes to whether outsourcing HR Consultancy Services is a wise decision.
The reality is completely contrasting as experienced HR Consultants work on improving an employee’s overall performance and experience. This ensures that you have better options to determine your health insurance, customized benefits, and bonuses to help you get a better package and job security. They also assure the accuracy of your payroll and tax management so this allows you to focus better on your core operations by handling all of the legalities for you!
2. Outsourcing HR Consultancy Services undermines Internal Management and In-House HR abilities.
Outsourcing services not only helps in bridging the gaps with your in-house HR department but also makes your department much more efficient. This acts as a collaborative effort to enhance your organization's human resource department but it does not aim to replace it!
Outsourcing HR services reduce your expense for posting teams offshores under business expansion! Be it anywhere you go, you can hire an offshore outsourcing HR consultancy services and you can deploy them to the required location that handles all of your human resource responsibilities.
Be it business transformation or expansion, you will always require a team of talent acquisition to address matters such as cultural integration, redefining roles, developing new management hierarchies, etc. Most of these types of projects mainly require specific types of expertise that the internal HR team might not possess which helps you develop a team that can work with difficult and complex tasks.
3. Outsourced HR consultants do not understand your organization’s core values and this will take the control away.
It takes almost an average of 27 business days to make a new hire! So try and make an estimate of the potential pitfalls of hiring an entire internal HR team when your company is undergoing expansion and there are urgent openings and requirements of staff!
Finding the best candidate for a permanent position requires significant human resource costs and time! Up until the onboarding, they will still be new to the organization but if you hire outsourced HR consultants, their experience and expertise will allow them to align with all of your organization’s goals.
4. Outsourcing HR Services are Costly
Outsourcing HR services save you more than it could ever cost you. Having a team of in-house HR department members usually involves high overhead costs. There are many labor compliances and with recent laws that require companies to abide by and pay employee funds and insurance coverage along with training costs.
You will anyway pay for only those services that you require, you never have to spend on unwanted services or unnecessary tasks. These consultants help you understand that these businesses have unique requirements which is why they charge for customized plans that deliver all the services required.
Why choose HR Consultancy Services?
Growth of HR Consultancy Services:
Here’s what you should know about the market for HR consultancy services which is estimated to be worth $31 billion, representing approximately 10% of the total global consulting market, making it the smallest of the six main industry segments.
With the growth of any business, HR management becomes much more complex to handle. Even hiring an in-house team makes it difficult for you to scale down. But by outsourcing these services you get high-quality services with a lesser burden on your expenses.
The size of your HR department combined can never compete with the expertise and skills that these HR consultancies have with their experience in the industry! These myths may prevent you from making the best decision of your life which is exactly why they need to be addressed and debunked so that these misconceptions no longer hinder your organizational success.