Payroll is a type of solution that is all about processing of salaries. In every company, this is a very essential role because it involves getting people paid. People processing payroll has a very high-quality practice since getting the payroll wrong would be disastrous. There are many processes and tools that companies use for their payroll, but one thing is certain, it should be 100% to 99.9% accurate all the time, otherwise, you will get people rallying over a bad payroll.
HR (human resource) is a type of solution that is in the receiving end of almost everything from recruitment, payroll, benefits, company policies and many more. Basically, they are the people that you talk to when you’re undergoing an interview, when you’re in an exit interview, when you’re in trouble or you have some concerns about your company. HRs have always been expected to be the expert of everything as far as company policies and managing people is concerned.
People outsource this:
Today, outsourcing is a really big industry and this is because you can outsource almost everything from janitorial to even a private army. Its popular in a sense that they have the complete package from the experts, tools, process, and systems that you will ever need. They offer high-quality service at a lesser cost. This is one of the reasons why HR and payroll outsourcing has been very common these past few years not just in Hong Kong but also globally.
Why outsource it?
As mentioned, many people outsource their HR and payroll, that is because its convenient, it’s less of a headache than many other things. Think about it, when someone will hire an outsourcing company in a general sense, that company:
- Will no longer need to buy or lease systems for their payroll or HR
- Will no longer have to get a bigger space to accommodate new people
- Will no longer need to hire additional people
- Will no longer need to invest in very expensive hardware that HR and payroll will use
- No need to pay for extra benefits
It doesn’t improve the quality of service or even make it better:
Outsourcing makes everything easy because outsourcing firms hire professionals. The best things about these types of services is that it’s easy for these people to get acquainted with your process with ease. Isn’t it, even more, assuring that the people that are handling your payroll are really good at it? Or HR tasks for that matter?
HR and Payroll are some of the essential roles in a company and this is because they are responsible for people welfare, company policies, benefits, upholding state or country law and salary. But this core role doesn’t have to always be company specific, in fact, it can be outsourced. Payroll and HR services Hong Kong are pretty common especially today where space is a luxury and costs in running a business is a slap in the face. It’s not just the solution, its the future. If you’re a company that is in dire need of good help, click the hyperlink and help will come.