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Another
key function many companies outsource is payroll. Payroll service usually
costs $10 to $30 per employee per pay period.
You can also outsource HR services by the project. HR firms provide all
kinds of specialized services, and will develop your employee handbook,
set up your compensation program, or establish a performance management system
that you can use to evaluate your employees. Rates for these types of
services
vary by project complexity and duration. Shop for competitive rates by
getting estimates from a few different vendors.
Whether you go with a comprehensive solution or outsource specific components
of your HR functions, it's important to develop a solid relationship with the
vendor. You need to have good chemistry with the outsourcing firm and should
feel confident that they will be responsive to your needs. Since they'll be
handling your recruiting, hiring, training, benefits and other important tasks,
you need to trust them to act in your best interests.
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