Are You a Growing Company?
When your company is just starting out or making the decision to grow deciding to expand to the next level of success, a common misconception is to believe that Human Resources are an expendable part of your business plan in the business pie chart. As a company owner, you think that HR expenses can be avoided without causing too much overall disruption or damage to your profit margin. It is easy to make such a mistake when you are a start-up or a growing company, but you may want to reconsider your perspective and think differently. The effective management of human resources can improve your bottom line. The following numbers have been proven in recent studies:
- 66% Higher Return on Sales [2]
- 20% Higher Return on Assets [2]
- 20% Higher Return on Investment [2]
- 13% Higher Return on Equity [2]
- 47% Increase in Company Value [1]
At the same time, it is true that start-up and growing companies need to focus their time and resources on building markets and not HR departments. In addition, the distraction of dealing with the challenges of human resources can drain valuable energy.
Luckily, Total HR has an answer that will work for you, and help take your company to the next level while ensuring that your human resources function is managed professionally. By outsourcing your HR function and aligning your strategies with the consistent and reliable HR practices provided by Total HR, you can take your company to the next level of productivity and profitability. You can achieve the success that you have envisioned.
Total HR provides what your company needs in a customized and flexible package designed to address the specific human resources challenges that your firm faces.
1) When HR is mishandled the cost to your company can be significant, both in lost time and bottom line profitability. By consolidating your HR vendors into a single source and adding a certified HR manager to your team you can meet the demands of your investors and be able to attract the talent you need for continued growth.
2) Most importantly, you gain access to critical resources that strengthen the long term competitive position of your company, including
- An exceptional EPLI Insurance Policy that ensures the future safety and profitability of your company as it continues to grow.
- Strategic HR Consulting so you have the benefit of HR expertise without having to have an internal HR department.
- Executive Search and Recruitment so you can find and hire the very best workers in your field without being overwhelmed by time-consuming interviews and background checks.
- Big Company Style Benefits Programs without the costs on account of Total HR’s expansive pool of client workers.
As your co-employer, Total HR becomes an integral part of your growth planning, helping your business to attract and retain key employees and providing an objective voice with consistent feedback when needed in your decision-making processes. In addition, through the institution of higher quality hiring and firing decisions, Total HR helps you create a company culture of performance and accountability.
When it comes to providing security and focus, Total HR is the investor’s choice for outsourced HR solutions. We currently sponsor the Maverick Angels, a leading Angel Investor group based in Southern California, we have a track record of dealing with start-up companies and companies looking to grow and expand their market share. Maverick investors look to our team to provide the insight and HR diligence they need to make good investment decisions.
The connections in the investment community that Total HR has developed can be leveraged for companies looking for investment capital. How does such leverage work? To begin with, when investors see that you have chosen to work with Total HR, they realize that the due diligence process has been taken to the critical level of people and processes. Investors are more likely to invest in companies that understand the importance of HR.
If you own or run a start-up or emerging company and you want to learn more, call us today for the specific details of our HR Start package, a cost-effective service designed specifically for your needs and tailored to meet the requirements of your company. Total HR understands the challenges of starting up or expanding your business in such a difficult economic environment, and we are ready to give you the edge you need to succeed.
By building your HR function from the start and having strong systems in place, you discover the freedom to focus on building your market.
[1] Bruce Pfau and Ira Kay, The Human Capital Edge, New York: McGraw-Hill Companies, Inc. 2002
[2] Edward Lawler and Susan Mohrman, University of Southern California, Center for Effective Organizations, 1999

