Back to NewsHow Does AlignHR Produce Cost Savings?
Posted 11/01/13
We believe in performance accountability and strive to offer services that will not only improve our clients HR standing, but put money back into their pockets. The following points are just a few ways we demonstrate ROI to our clients:
- We reduce the internal HR functions capacity requirements through restructuring of responsibilities and shared deliverables.
- We build workflow efficiencies and processes through time saving structures and/or systems, and utilize technology systems and strategic partners or other structures (which integrate with current, legacy and/or industry specific systems, etc.).
- We realign client specific benefit structures/designs – specifically tied to the business and their strategic ability to attract and retain the best talent to meet growth objectives.
- We cultivate risk management savings (business and HR related – compliance related risk management costs) through compliance assurance and HR planning.
- We reduce the total labor costs and employee turnover through proper management procedures.
We work with our clients to determine how to measure our services to ensure a positive net value return. With managed HR services, we measure our value through two to four value metrics as agreed to by both AlignHR and the client. Value metrics, enable AlignHR to show that money spent for our services will produce a positive net return on investment through one or more of the following: hard dollar savings, soft dollar savings, and/or opportunity cost reductions.
Call us today at 304.907.2833 and let us schedule an HR Audit to see how AlignHR can produce cost savings for you.