It actually reduces costs
From a business perspective, using a consultant means costs can be reduced, as you don’t have to hire a permanent subject matter expert, but rather can bring someone in, as and when required. You and your team will save time as the person will be able to hit the ground running. The consulting specialist will add value from day one.
It sets us up for growth
The biggest catalyst to hiring a full-time HR specialist was a recent team strategy meeting. With the help of an outside facilitator, our management team established some pretty big goals, with the stretch goal of growing our customer base by adding 150 employees by 2026. HR will help us grow the internal team who, in turn, can help us grow the number of customers we serve.
We can find excellent talent
With our growth goal, we have to hire the most qualified individuals available. Our past recruiting efforts took too much of our time, even using consultants, and had mixed results. Job boards, such as Monster, require labor intense resume screening; frequently, more than half of the applicants are unqualified or overqualified. The recruiting firms we’ve worked with don’t know our company culture, so the applicants they put forth were hit or miss. We think our new HR specialist can help.
We can stay legally compliant
When making a list of pros and cons of hiring an HR specialist, risk was not at the top of the list, but it was As a business approaches a critical number of employees, hiring an HR professional can increase compliance, reduce costs and defray risk. The 50-employee mark is especially important because FMLA, Affirmative Action, and other state and federal regulations apply. While not the final reason we chose to add HR skills to our team, it’s an added benefit as we grow.
We will develop better employees
An internal HR person will also improve internal processes and development, including tracking vacation time, improving our performance review process, helping employees set goals and managing benefits. After all, a business owner doesn’t have the time or talent to take these tasks on, let alone do a good job administering them.