
Why Workplace HR?
Generally, labor costs are
among the highest expenses that all businesses experience. Most large
companies reduce these expenses by dedicating an entire department to Human Resources
to administer their policies and procedures. Unfortunately,
most mid-size and smaller companies cannot afford to employ an entire department
to oversee this function. However, without proper employee policies and
procedures these companies often suffer from above average labor costs.
Workplace HR will help your
business
reduce high labor costs and decrease your employee liabilities by performing the functions of a
Human Resources department.
Workplace HR can provide all the Human Resource functions that you want or just the
human resource functions
that you need immediately.
Workplace HR will assist your
company by:
-
Improving efficiency by
establishing policies and procedures for your employees to follow and training
managers on how to use and enforce them.
-
Decreasing expenses resulting from employee
absenteeism. Absenteeism and tardiness can lower profits. These
behaviors
often result in late and
missed deliveries. Or overtime costs (paid at time and a half) can occur
when other employers must work additional hours to meet deadlines.
-
Reducing the premium costs
for Workers' Compensation by designing safety procedures that meet your Workers'
Compensation insurance guidelines.
-
Reducing unemployment
contribution rates by establishing clear guidelines for your liability, wage and
tax reporting, maintaining employee records, and timely handling of notices and
appeals. Often undeserving employees receive payment benefits because
the employer did not properly warn or discharge the employee or did not
keep the appropriate records.
Even a small percentage change in
labor costs can vastly affect your company's bottom line. For example, a 10% improvement in efficiency
(just 6 minutes per hour) due to improved human resource processes and
improved attendance can result in an increase of 11 days of work
for 10 days of pay.
Click here for
more information.