HR Outsourcing Prices

Compare HR Outsourcing Prices - BUYERS GUIDE 2017

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What is Human Resources Outsourcing and How Much Does It Cost?

HR Outsourcing cost ranges between $45 a month to $1,500 based on number of employees and services such as hiring, payroll & tax service, training, and benefits administration. Human Resources (HR) Outsourcing simply refers to a business handing off some or all of its HR responsibilities to a third-party firm. This allows the business to focus on its own products or services. HR outsourcing firms offer many basic services including payroll, benefits, hiring, firing, and keeping up to date with state and federal tax laws—any and all services an in-house HR department normally takes care of.

What you pay for this service depends on how many employees you have, which HR services you contract for, and your location. Typical charges run from 4% to 8% of each employee's pretax salary each month, meaning costs vary considerably based on business size. Some HR services can be outsourced for a flat monthly fee, as well.

 

Human Resources Outsource Buyers GuideWhat to Look For In an HR Outsourcing Provider:

Determine how much control you want to relinquish and how scalable you want your HR outsourcing to be. Some HR firms at better at offering select services, others at overseeing full-scale HR duties. Make sure you know if the firm holds the legal right to hire, fire, or discipline your employees, and look into their communication policies and other client reviews.

Small to mid-size business owners might consider some level of HR outsourcing when their workforce is between 8 and 100 employees. Larger businesses can still find it cost effective to outsource some HR operations, as well.

Compare HR Outsourcing Pricing

 HR ProviderRecruitment
Hiring Features
Beneifts Health/
Dental/Vision
Mobile OptionCompare Prices
ADP TotalSource99.80%Yes Service Offered - Check Yes Service Offered - Check
Deloitte99.60%Yes Service Offered - CheckNo Service Not Offered - X
Paychex99.30%Yes Service Offered - Check Yes Service Offered - Check
Insperity99.10%Yes Service Offered - CheckNo Service Not Offered - X
Trinet98.90%Yes Service Offered - Check Yes Service Offered - Check
HROI98.90%Yes Service Offered - CheckNo Service Not Offered - X
CBR98.80%Yes Service Offered - CheckNo Service Not Offered - X
IBM97.80%Yes Service Offered - Check Yes Service Offered - Check
Oasis Outsourcing97.40%Yes Service Offered - Check Yes Service Offered - Check
G & A Partners97.40%Yes Service Offered - CheckNo Service Not Offered - X

More Buying Tips and Information: Be it for benefits administration, risk management, payroll, or recruiting, a quality HR firm makes a big difference in any business model.  Determine in advance if you need resume screenings or background checks, and also as you look at payroll and taxes decide if you need to track paid time off and accrual. Advanced services can include manager and safety training, and even manage employee benefits such as health, dental, and life. Lastly consider if you need employee handbooks created, claims management, and workers compensation insurance.

Popular HR Outsourcing Providers: ADP, Deloitte, Paychex, Insperity, Trinet HR Solutions, HROI, and Oasis Outsourcing.

 

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