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Employers Reduce Costs and HR Risks With HR Outsourcing
added: 2010-02-10

Thousands of employers are turning to human resources outsourcing firms and Professional Employer Organizations (PEOs) as a way to cut employment costs, reduce HR risks and improve efficiencies.

This is according to a new white paper released by CPEhr, a leading HR outsourcing firm, entitled "Preparing for the Rebound: How Human Resources Outsourcing Can Help Business Through Uncertain Economic Times."

Experts predict a slow and rocky economic recovery in 2010. The white paper analyzes current economic trends and provides a detailed analysis of employment priorities for the coming year. It also reviews the concept and value of outsourcing various human resource functions to an HR outsourcing firm or PEO as a way to reduce costs and liabilities, and to boost employee productivity.

Researched and compiled by Ari Rosenstein, CPEhr's Director of Internet Marketing, the white paper draws from CPEhr's extensive experience working with a wide range of companies in the small to mid-sized business sector over the past 28 years.

"Reports indicate that as the economy begins to recover and employers look to rehire lost personnel, their priorities will continue to focus on cost-containment and improving efficiencies," says Rosenstein. "Our research points to outsourcing human resources as a cost effective and efficient way to reach those goals in 2010."

The white paper focuses on the role HR outsourcing and PEOs play in supporting three key employment priorities:

1. Stabilizing operating expenses. Following a dismal 2009, employers are looking to reduce unnecessary expenditures, specifically in the area of labor costs.

2. Reducing employment risks. Employers are preparing for potential labor-related litigation by reviewing policies, updating HR documentation and training management.

3. Enhancing employee performance. Employers are compelled to find new ways of motivating and training their workforce to maintain a positive attitude while managing increased workloads.


Source: PR Newswire

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