10 Easy Steps to Outsourcing Your Human Resources Needs with Manager, HR Partner on Demand Michelle Ganuelas Thursday, October 6 th , 2011 from 12 pm to 12:30 pm EDT For audio, you can use listen through your computer OR dial in to the teleconference Toll-Free: 1-877-669-3239 Event Number: 665 467 719 WebEx Support Line:1-866-863-3910
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10 Easy Steps to Outsourcing Your Human
Resources Needswith Manager, HR Partner on Demand
Michelle GanuelasThursday, October 6th, 2011 from 12 pm to 12:30 pm EDT
For audio, you can use listen through your computer OR dial in to the teleconferenceToll-Free: 1-877-669-3239 Event Number: 665 467 719WebEx Support Line:1-866-863-3910
For audio, you can use listen through your computer OR dial in to the teleconferenceToll-Free: 1-877-669-3239 Event Number: 665 467 719WebEx Support Line:1-866-863-3910
Jay RosalesSenior Marketing CoordinatorDrake International
2. How to Determine if it will Work for Your Organization
3. The 10 Steps You Need to Know to Get Started
Key Take-Aways
Agenda
1. What is HR Outsourcing?
2. The History of Outsourcing
3. Research & Results
4. Why Do Companies Outsource?
5. 10 Steps to Effective HR
Outsourcing
6. A Special Offer from Drake
International
HR Outsourcing
What is HR Outsourcing?What does it mean for
your organization?
HR outsourcing is not a new concept.
History
Research
Based on survey data, cost reduction is the top goal driving Human Resource Outsourcing.
(Towers Watson)
The average operating expense for HR functions for each full-time HR employee is $284,982. This figure doesn’t include training costs or payroll.
(Watson Wyatt Worldwide)
50% of polled companies said that improving HR service quality was a top goal of their HRO efforts.
(Towers Watson)
Why Outsource?
Three Major benefits: • Focus on the core business
• Improve the bottom line
• Take advantage of specialized knowledge
• Leverage the expertise of a team
“Why pay a full-time salary for a part-time job?”
Bill Pollock, Founder & Chairman of Drake International
10 Steps to Outsourcing HRStep 1:Map Out Your “As-Is”
Step 6:Go to Market
Step 2:HR Health Check
Step 7:Choose Your SME
Step 3:Cost It Out!
Step 8:Purchase & Implement
Step 4:Build Your Business Case
Step 9:Change Management
Step 5:Educate Yourself
Step 10: Staying On Track
10 Steps to Outsourcing HR
Step 1: Map process throughout the entire employee lifecycle
10 Steps to Outsourcing HR Step 2:
Complete an HR “Health Check”
Identify areas within your human resources department that are inefficient and too expensive.
10 Steps to Outsourcing HR Step 3:
Cost These Areas Out in Actual $Add the Following Factors:
• Cost of HR FT wage• Cost of HR Inefficiencies:
• Cost of mistakes & waste• Cost of time for each HR process• Cost of low productivity• Cost of staff turnover
• Project a 5% improvement (be conservative!)
Compare this to the cost of outsourcing HR
10 Steps to Outsourcing HR
Step 4: Build Your Business Case
10 Steps to Outsourcing HRStep 5:
Educate Yourself
• Attend webinars
• Attend seminars
• Research (online/offline)
• Talk to your network
• Find and Speak to Subject Matter Experts
10 Steps to Outsourcing HR
Step 6:Go To Market
10 Steps to Outsourcing HRStep 7:
Find the Right Subject Matter Expert
Evaluate using the following criteria:• Experience with HR Information Systems• Experience in their specialized HR function or industry• Analytical competence (ability to map systems and processes, identify gaps and suggest solutions) • Number of successful implementations• Scope of successful implementations• Client testimonials
Q & Awith Michelle GanuelasManager, HR Partner on Demand
10 Easy Steps to Outsourcing Your HR Needs
Michelle GanuelasManager – HR Partner on DemandDrake [email protected] (direct)
Jay RosalesSenior Marketing CoordinatorDrake [email protected] (direct)
Contact Us
October 20th, 2011, 12 pm EST to 12:30 pm ESTWe Can’t Change the World, But We Can Change Our World – Overcoming the Constant Friction Between Hard and Soft HR Approaches >> Presented by Karen Meredith, Drake P3