There are only so many hours each day, and management teams must always be mindful about how they spend their time. That’s why they are always looking for ways to maximize the productive hours that they can squeeze out of a day. It is also an excellent reason to consider some of the HR partnerships that one can form to reduce the need for management to spend its time on tasks that can best be handled by another.
An HR partnership is likely to involve hiring a professional employer organization (PEO) to assist with everyday HR tasks.
Let’s explore the specifics of what a PEO can handle and why they should always be considered for the role.
How PEOs Free Up Internal Time
Here are some of the critical ways that PEOs can free up your internal team’s time.
Payroll and Benefits Administration
One of the biggest reasons why employees decide to take a particular job over another is due to the salary and benefits package that they receive. That’s what employees told Gallup when they were surveyed about the reasons why they might consider taking one job over another. As such, it is essential that all employees receive their pay and benefits on a set and steady schedule without fail.
Employees have a firm and understandable expectation that they will receive their pay on a routine schedule, and a robust payroll system achieves that. Failure to meet that expectation not only disappoints an employee and breaks their trust in your institution, but it could also lead to legal consequences for the company. Therefore, a PEO can assist with the administration of payroll and benefits.
Training Programs
New employees must receive training to know how to effectively do their jobs. Additionally, it is often the case that existing employees must also undergo training to refresh their knowledge about certain procedures and policies implemented by the company.
These training programs are critical for keeping employees informed and up to date. At the same time, though, they are also quite time-consuming. Once again, an HR partnership through a PEO can remove some of the burden of creating and deploying these programs off your shoulders.
Performance Measuring
All employees ought to be routinely reviewed based on their performance. This kind of review provides the employees with feedback about how they are performing on the job and where they have room for improvement. Other forms of performance measuring and monitoring include:
- Coaching Programs - Educating employees about the ways that they can improve themselves and provide them with the guidance and insights that they require to truly make those changes is a big deal. Coaching programs can help get employees across the finish line and lead them to perform far better than they might have otherwise.
- Improvement Plans - There are times when laying out the specific steps that an employee should follow to show improvement is necessary. Once again, this work can be conducted by a PEO who understands the needs of your business and can assist in helping employees reach the goals you have laid out for them.
- Feedback Processes - Speeding up the rate at which employees can receive feedback from their employer is also a big deal. A PEO can step in and provide employees with the feedback that they deserve to better understand how they are doing and what they can do better.
These are just some of the areas in which a PEO can assist with measuring employee performance. Remove that burden from your plate and allow your HR partner to provide this information.
Conflict Resolution
Resolving disputes and conflicts between employees falls squarely into the realm of things that are handled by an HR department. It can be a tricky and fraught process that many employers would rather not deal with. When your time is spent handling routine HR tasks, you may also not have the bandwidth to consider these options clearly.
Managing conflicts among employees means that everyone can walk away with a more positive work environment. It also means that morale doesn’t have to take a hit every time certain employees have a dispute with one another.
Give yourself a clear head to maintain a neutral stance toward conflict resolution – that way, you can find a quality resolution that enables both parties to find a mutual understanding.
Onboarding New Employees and Searching for Talent
It is extremely important to fill job roles as they arise. The work done in those roles can’t be left idle for long, so it is essential to bring in new talent as soon as administratively possible after those roles become vacant.
An HR partnership can help you greatly in these situations because these partnerships can coach you on your internal recruitment processes while onboarding your new hires to fulfill their given role. Your HR partner can conduct onboarding efficiently online prior to their start date so that they can enter their role ready to learn.
Given the complexity of certain jobs' responsibilities, it is best to find the right talent to take on those responsibilities. Investing the time to find the best candidate helps your company stay ahead.
Free Up Time and Create Value with an HR Partnership
There are certain things that we can never get back in life, and one of those things is our time. Management teams must think about this carefully as they consider how to allocate resources to create the most profitable and effective outcomes possible. Working with an HR partner like ABO is a great way to ensure that their time is never going to waste and that they can get the most impactful results possible for the overall operations of the business.
ABO is an IRS-Certified PEO that has extensive expertise in helping companies manage their human capital so that your people and your company are empowered to succeed.
Reach out to ABO today to learn more about how we can help your business thrive.
