Independent surveys worldwide point towards the same challenges faced by small businesses:
- Well over 50% of small business owners start out by managing HR activities internally
- Approximately 40% of small business owners find bookkeeping and payroll compliance to be the most difficult part of owning a business
- 43% of companies consider payroll inaccuracy as a reason to outsource payroll
Prepare for Shifting HR & Payroll Demands
There have been major discussions on the need for a proper HR & payroll set-up within small to medium-sized businesses (SMBs).
Recent times have seen an increasing number of new businesses outsourcing hire-to-retire processes or at least one section of their HR operations. The reason is the distinct advantages that HR & Payroll managed services come with.
In a post-pandemic scenario, the need to focus on your business’ key growth drivers becomes extremely important. It is not just a game of survival anymore. It is about protecting your dream.
Experts agree that once a business reaches a certain size, it may make sense to consider roping in an HR generalist. Many consider that employee size to between 15-50.
What can an HR generalist help you achieve besides running daily HR tasks like hiring, managing payroll, monitoring time & attendance and enforcing company policies?
With HR evolving into one of the most analytical functions in business, an ideal HR generalist is expected to step beyond the traditional role of HR as an administrative facilitator. Today, the role and competence of HR is measured by its ability to drive recruitment, engagement and retention while doubling up as a strategic partner in your company’s growth.
It would be risky to confuse that ability as mere understanding of key HR metrics. At t3People, we believe the real challenge is to:
- Provide consumable workforce-related insights to key decision makers
- Identify and drive the right standards to boost employee value, team cohesion and performance
- Strengthen reporting and compliance while turning rich data into knowledge
Not feasible to have a full-fledged HR team yet?
While most small-scale businesses acknowledge HR as a vital function, not all of them find it practical to maintain a full-fledged HR team.
At a stage when they may be still grappling with growth pains, setting up a team for talent, workforce and HR analytics can be a commitment they may not be ready for.
Could t3People be the key to fortifying your HR function?
t3People’s service philosophy stems from its belief that right teams act as the key differentiator for successful businesses. Consequently, our comprehensive line-up of managed services spans from recruiting right to building strong HR processes that:
- Maximise workplace productivity
- Improve team coherence
- Reduce hiring and onboarding costs
- Support stronger leadership teams
- Facilitate better management of project goals
t3People Services for SMBs
t3People’s HR & Payroll managed services are designed to cater to a wide range of industries including retail, manufacturing and healthcare.
HR Health Check
Recruitment
We don’t just manage a diverse range of workforce requirements; we help you re-imagine your talent supply chain by connecting you with the right talent.
Contract Generation
Onboarding
Timesheet & Attendance
Leave Management
Payroll Management
Workforce Management
Workforce Scheduling
Exit Management
Why t3People?
t3People comes with clear advantages that include: