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HR is a
fascinating challenge. HR staff, if you have any, is usually focused on
people issues (hiring, training, and employee satisfaction). No one argues
that hiring right, training properly, and keeping motivated employees is
critical to corporate success.
To manage these areas, high people skills are required. HR staff resources
are usually consumed with the tyranny of the urgent and are stretched very
thin. If you, as the CFO, also have HR responsibility, then you know how
overwhelming the task can be; particularly in the area of regulations and
employee relationship management.
The dilemma is getting worse due to increasing litigation (2,000% increase
since 1995) and employment regulations (40,000+ pages of federal regulations
and thousands of constantly changing state and local regulations). If your
company has multiple sites in multiple states, the challenge can be
daunting.
Businesses need a comprehensive, cost-effective HR solution to meet their HR
obligations without diverting time and money from their core business
operations. Traditional approaches are to hire more junior HR staff, to
retain attorneys, and/or to hire consultants. Certainly each traditional
approach has its place – and high cost.
There is a low cost alternative to help you better manage employee relations
and issues, reduce the risk of HR-related lawsuits and audits, and help you
grow in a sustainable way. It combines the convenience of the web (24 hours
a day 365 days a year) with information and resources at subscribers
fingertips, personalized advice (real HR pros through email or phone), and
trusted expertise (average of 20 years HR experience for each professional).
In essence, this solution is an outsourced HR Service Center.
Resources includes employee handbooks, HR forms, Job Descriptions,
terminology glossary, State and Federal laws, and >2,500 frequently asked
questions. Access to HR Pros is an option. One HR Director told me that this
service would save him 90%+ of the HR cost of attorneys and consultants. The
Finance Director of the Wood Group stated, “…this is just what I needed.”
Jerry Cross, CPA & Peer Review Editor, Texas Society of CPAs stated, “The
handbook, alone, is well worth the subscription fee.”
Why am I covering this topic? At less than $900 per license this is the most
cost effective solution that we have found. Other readers may know of equal
or better solutions – and I would be interested in knowing about them. When
it comes to managing HR costs, there are now additional options that can
help keep you legal, in control, and within a tight budget.
If you are interested in knowing more, email me at Jim.Villwock@IEMcorp.com
Interested
in making more money?
Give us a call. There is no charge for asking!
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