Businesses striving to maintain their current status and foster growth face the critical challenge of reducing employment costs. Competing for quality employees against National Brands, large corporations, and job posting boards adds to the complexity of this endeavor.

The Competitive Landscape

Business owners recognize that they are up against:

• National Brands: These companies offer comprehensive benefits packages and are seen as employee-friendly.
• Job Posting Boards: Blogs and information on these platforms encourage applicants to evaluate companies based on their benefits packages, seeking out employee-friendly options.

The Post-Pandemic Challenge

Attracting and retaining quality employees is paramount to small and mid-size businesses. The high cost of employee turnover is significant. To deal with these issues, businesses often gather a mix of vendors, software, and consultants, each addressing specific tasks but not the overall process. This piecemeal approach can increase costs rather than streamline them.

When researching possible solutions, business owners and senior management want solutions that check the following boxes:

• Simplify Processes: Employee Administration is easier, not more complex, and less time-consuming.
• Reduce Employment Costs: Cut costs in every area of employment.
• Compete with National Brands: Level the playing field when attracting qualified candidates.
• Alleviate Staff Burden: Remove work from current staff, not add to it.

Profitable HR

Profitable HR offers comprehensive solutions to address these challenges by:

• Process Management: Acting as the quarterback to manage the entire process.
• Turn-Key Programs: Providing solutions with little or no initial cash investment.
• Comprehensive Services: Offering all the services, skills, and compliance items of a major corporation at the stroke of a pen.
• Outsourcing: Completely outsourcing HR, payroll, and benefits departments.
• Cost-Effective Solutions: Delivering these services for less money than a piecemeal approach, ensuring businesses are on a level playing field.
• Competitive Advantage: Assisting businesses in demonstrating their competitive advantage in the marketplace.

By partnering with Profitable HR, businesses can simplify their processes, reduce employment costs, and effectively compete with larger brands for quality employees. This holistic approach ensures compliance, reduces staff burdens, and positions businesses for sustained growth and success.

After you’ve taken the Quiz below, we invite you to a FREE, no-obligation webinar to learn about our 7 strategies and some case studies demonstrating how the Profitable HR Methodology results in employment cost savings.