Running a small business is a constant exercise in balancing priorities. As much as you are passionate about your product/service, managing HR tasks can feel like a burden on your already limited resources. This is where Concurrent HRO comes in.
As a local Professional Employer Organization (PEO), Concurrent HRO partners with small businesses to handle their HR needs, allowing them to focus on what they do best – grow their business. But how exactly can Concurrent HRO help you? Let’s explore five key ways:
-
Reduced Costs Compared to In-House HR:
Small businesses may not have the budget to hire a dedicated team of HR professionals. Outsourcing HR to Concurrent HRO eliminates the need for salary, benefits, and office space for in-house HR staff. We provide a team of certified HR professionals who will support all your HR needs, from payroll and benefits administration to compliance.
-
Increased Efficiency and Reduced Costs:
HR tasks can be incredibly time-consuming. From processing payroll to managing employee benefits and onboarding new hires, it can take away valuable time you could be spending on core business activities. Concurrent HRO streamlines these processes through technology and expertise, minimizing administrative burdens and allowing you to focus on your core business.
-
Leveraged Buying Power – Better Medical Benefit Rates:
As a PEO, Concurrent HRO leverages its buying power to provide significant savings on employee medical benefits. We negotiate competitive rates on your behalf, ensuring you receive the best possible coverage at the most affordable cost.
-
Improved Employee Retention and Reduced Turnover:
High employee turnover is a major expense for small businesses. Concurrent HRO can help you attract and retain top talent by offering competitive benefits packages, streamlined onboarding processes, and employee training. This leads to a more stable and productive workforce, saving you money on recruiting and training costs.
-
Invest in Your Business, Not Just HR
By partnering with Concurrent HRO, you gain access to a team of HR experts who will handle all your HR needs, allowing you to focus on what matters most – running and growing your business. With our guidance, you can save money, improve efficiency, and create a more positive work environment for your employees.