There are so many aspects of business that require time and resources to thrive. And if there are business operations that can go just well without your internal involvement, why not free valuable time by outsourcing those?
This might be the reason why 80% of businesses outsource HR operations and why you should consider that, too!
Remote HR outsourcing is delegating human resources management tasks to an external provider. This includes:
Depending on the company's needs, the outsource partner can be one person carrying out specific tasks or an entire team dedicated to managing all aspects of human resources. Outsourcing can be done on a project basis, for a set period, or even permanently.
When outsourcing human resource operations, you have a wide range of service packages to choose from. Your outsourced HR partner can either focus on payroll only or on a full set of HR activities like organizational development, performance management, and employee relations.
Not sure which HR tasks to outsource or how to kickstart the process?
Talk with an HR outsourcing company!
It takes 44 days, on average, to hire a new candidate and several weeks or months to properly onboard a new hire. Yes, bringing a new candidate on board is very time-consuming. Meanwhile, there is no way to cut time on that since 89% of employees report effective engagement at work following a good onboarding process.
Not surprisingly, this is the most popular outsourcing direction in human resources. This allows companies not to interrupt their primary processes, yet get a candidate with required skillset, experience and cultural fit in a timely manner.
Adding that outsourcing companies usually have a ready list of shortlisted candidates from different niches, the process works even faster.
At Collab Fabrik, we find new candidates in 2-6 weeks, depending on the requirements and niche.
If you're in search of a new candidate, even with a niche field, let us help!
At least 5 hours a month are spent managing employee payroll—that's if your employee structure is very basic and with a low number of employees. The more your company grows and the more varied your compensation model per role, the faster you can expect this number to increase.
Coming hand in hand with payroll are taxes, which need a specialized accountant or a dedicated HR manager to track, check, and compute. However, if you have an international team and employees from different countries should be taxed accordingly, this can become a very complex and time-consuming process.
You'll need to study foreign labor codes and keep a keen eye on every change or update in the field. Otherwise, this can cost you big fines and legal issues—something that was definitely not included in your plans.
That's why companies frequently outsource payroll and tax management to specialized agencies or companies. This relieves your HR of a huge chunk of work and burden, freeing up time for more important tasks like employee engagement or development.
At Collab Fabrik - based in Germany and Armenia, we know every legal specification and tax code for Caucasian and European countries. You can rely on us for legally-safe remote hiring.
Benefits are the magnets that attract and retain top talent.
So why would companies outsource this part of work, too? Because it's extremely difficult to deal with this in-house.
Benefits are often personalized and have different offers for different employees depending on their family status, age, or health conditions. This means HR will need to manage a complex system of benefit packages and constantly cater to employees' needs and requests.
Outsourcing in human resources helps perfectly cater to employees' needs while keeping bureaucracy to a minimum. By providing benefits like health insurance, paid leaves, maternity and paternity leaves, retirement plans, or flexible working hours, companies can boost employee satisfaction and motivation.
In turn, this leads to higher retention rates and better overall performance of the organization.
Tracking employee performance in detail brings loads of benefits to business:
And since accurate and objective performance tracking requires a lot of time, resources and skill, it's often outsourced. Especially if a company focuses on growing an international team, treating all employees from different locations equally poses a challenge.
Immersed in their daily working routine, which takes so much time and effort, employees often don't have the time to update their skills.
Scheduled training helps them stay updated on their skill set, which impacts overall performance in the long run. Ongoing training and qualification improvement programs are good for both parties—employees and the company. Companies invest in their employees' growth, while employees develop new skills and improve existing ones, which is beneficial for future career advancement.
When this part of the operation slows down, outsourcing HR services may save the day. You will have experienced professionals who will find the best way to engage employees in building their skills and improving overall company performance.
If you just felt like a reliable helping hand is what your company's HR direction currently needs, we at Collab Fabrik can help you!
You can trust us because...
Here's what looking for Collab Fabrik means for your company.
We find candidates from the Caucasus with 40% less salary expectations than the average rate in Western Europe or North America.
And you don't have to worry about the quality of the talent. The cost differences are because of the low cost of living in those countries, not because of lower skills or expertise.
We are a company mixing EOR and PEO services.
Good to go if you need to organize the legal aspects with your chosen candidate. If you need us to find a candidate for you and act as your remote team partner in the Caucasus, good to go as well.
There are years of experience and HR expertise behind every employee we hire. We know what it takes to build a successful remote team.
Armenia might be your perfect hub for remote employees you didn't even know you needed. It's a country with a rich history, talented engineers, and a growing tech industry.
It has highly skilled IT professionals, marketers, sales specialists, and more, who are well-trained in the latest technologies due to extensive remote cooperation with the leading companies in the US, Europe, and Asia.
So, when you're about to throw up your hands because you can't find the right person for your team, a new hiring location will save the situation.
Most clients feel unconfident about hiring from abroad, as it may involve a lot of red tape and legal complexities. But when a local intermediary knows the hiring location inside out, it's far safer to hire a remote team member.
We act as that wanted local intermediary, taking care of all the administrative and legal tasks on your behalf and helping you feel secure about the hiring procedure.
Are you in search of a new talent?
Are your company's internal resources maxed out?
Do you want to access a wider talent pool outside of your local area?
Collab Fabrik - a comprehensive outsourced HR solution customized for remote team building - is here to help you find the right talent and build your dream team. A quick consultation with our founder will help you understand which HR operations can be streamlined and what offerings are available for your specific case.
Struggling with hiring? Let our experts save you time and money. Schedule a free consultation today to learn how we can streamline your HR needs.
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