As the owner of a self storage business, you know that there is more to the operation than a monetary investment. You may have had to handle matters such as compliance, employee relations, insurance, reports, tax filings, payroll, benefits and more, and you may have done so with little experience dealing with these complex tasks. Perhaps the weight of these items have drained the excitement that comes with being a business owner. These struggles can provoke you to explore resources that can assist in removing these administrative burdens from your to-do list. It's time to focus on your business and grow your investment.
Outsourcing your Human Resources needs can be the best solution to a tough situation. Doing so will save labor hours for you and your employees so you may prioritize growth. While you focus on key tasks, you will have the comfort of knowing that your HR needs are being accomodated by a staff of professionals. Here are a few challenges that can be solved by an HR outsourcing service:
Navigating specific challenges
Not all companies face the same issues. Challenges vary from industry to industry, just as they will change from one facility to the next. Hiring full-time HR staff members means training them on the specific needs of your office and facilities. Hiring an outside HR solution, however, affords you a dedicated team that is highly adaptable to unique situations. Regardless of your individual requirements, you'll get the same great service and support every time at an affordable rate.
Finding the right technology
There are multiple HR or payroll technology companies; how do you know which one works best for you? HR outsourcing companies take pride in the technology they provide to clients, only implementing tools that will improve performance, accuracy and reporting. With the efficiencies accompanying this technology, you can maintain your business compliancy, giving you a competitive edge in bottom-line results.
Preparing for growth
You may not know what the future holds, whether it be expanding in your market or growing even further. With that in mind, it is best to prepare for potential challenges. Having an additional resource to work with as the business evolves can allow you to avoid unexpected costs or challenges that occur as you grow. HR outsourcing can act as such a resource, with subject-matter experts in a variety of services to help you implement compliance and best practices. When it comes to expansion, your HR outsourcing team can even minimize the cumbersome workload that goes into entering a new state.
In today's economy, employee retention is crucial for the success of your business. A recent survey by BambooHR published in HRMorning explained that the estimated total cost of losing an employee and ineffective onboarding processes equate to $10,000 a year. This is because once you've lost an employee, production slows down for recruitment and training purposes. Business owners and HR managers are oftentimes left wondering what they can do to retain employees. With the help of an HR outsourcing firm, you can attract and retain employees by offering some of the best benefits around. These benefits can range from Fortune 500 style insurance coverage to 401(k) retirement plans.
There are a number of solutions you can utilize to serve as a resource and Human Resources outsourcing is an investment that will demonstrate a great return. There are a number of HR outsourcing companies that can offer a variety of options; however, there is one that has spent a great deal of time supporting the the self storage industry. AlphaStaff, a national HR outsourcing company, has been working with storage owners for several years. The company has a business division soley dedicated to assisting self storage business owners. This team is led by a committed business development manager that understands what services are needed to make storage facilities run effectively. By providing compliance guidance and minimizing legal risk, you can feel confident that AlphaStaff is doing the heavy lifting. From having assistance with employee related compliance to guidance in finding payroll and healthcare solutions for your employees, you can finally find some time to focus on your business. To find out how AlphaStaff can provide you with tools and services to educate you on beneficial employment practices, please feel free to reach out to our Vice President of Strategic Business Development, Jeniece Carter-Henson, at firstname.lastname@example.org or at (727)365.6722. NOTE: The information contained in this article is not legal advice or a substitute for legal counsel.