As a company experiences changes—such as growth or even having to scale back amid challenging seasons like the COVID-19 pandemic of 2020—it’s often an opportune time to consider outsourcing or upgrading your payroll or HR services. Trusting the help of a payroll or HR outsourcing partner can not only save you in costs, but it can keep you compliant with government regulations and on time with paying your employees, completing payroll taxes, and meeting important benefits enrollment dates.

So, how do you know when it’s time to outsource or upgrade your payroll or HR services? Here are our team’s top five suggestions for you to consider in this unique season of constant change.

5 Reasons to Consider Outsourcing or Upgrading Your Payroll or HR Needs

1. Overwhelmed Employees

If there’s a clear sign that you or your current team is overwhelmed with a heavy workload, it’s likely that adding HR or payroll tasks to the list of responsibilities will only make things more challenging. Not only can an HR outsourcing company ease the burden of managing employee needs like payroll and benefits, but they can also help employers to improve company culture through development and training activities, answering employees’ insurance and benefits questions, and offering tips for keeping employees challenged and loving their jobs.

2. Lack of Time, Knowledge, or Resources

Simply put, if you don’t have the time, knowledge, or resources available to you as an employer for handling payroll and human resources, it’s time for outsourcing or upgrading your payroll and HR needs. The return on your investment will be well worth it, and you’ll not only feel the relief from a management perspective, but your employees will also notice the difference, as important company responsibilities will not only be handled promptly but also in an organized and efficient manner.

3. Reduction of Staff

Any time a company experiences a reduction in staff—whether someone leaves, gets fired, or even furloughed—it places an additional burden on other staff members, especially employers. As others are left to pick up pieces after employees are gone, it’s essential that there’s a plan in place for keeping important tasks like payroll management and human resources moving along without error. This is a great example of when an HR outsourcing partner can step in and save the day, relieving the burden that can come along with staff reductions.

4. History of Costly Errors

Administrative mistakes are costly—especially when it comes to payroll, payroll taxes, or even hiring and firing. That’s why it’s essential to partner with an experienced HR or payroll services provider to avoid serious errors. There’s nothing like the peace of mind that can come along with outsourcing your HR needs, and specifically payroll or payroll taxes.

5. Juggling Multiple Software Programs

Let’s face it—no employer wants to juggle between a handful of software systems when it comes to employee management. Enlisting an HR outsourcing partner can help you merge your human capital management into one easy-to-use software system like Workforce Ready, which can streamline your workplace processes from the recruitment process all the way through retirement, using powerful data analytics tools to help HR departments make more strategic decisions.

Here for You Today, Ready to Grow with You Tomorrow

LBMC Employment Partners is not only equipped to guide you with your current needs, but we have the experience, resources, and flexibility to grow with your payroll and HR needs along the way. Contact us today to learn how we can help you focus on your business while we handle the details of often complicated employment challenges and human resources issues.