Is your company also suffering from employee shortages. Additionally, are you looking for the best HR who can assist you in hiring the right candidate for your company?  You have two options here: either go for regular HR or go with HR outsourcing companies.

So which one to choose for your Company, a Regular HR professional or an Outsourcing HR Company?

Hiring a regular HR professional in the USA can cost you around $4,700 per new hire, according to data from the Society for Human Resource Management (SHRM). However, this is just the average cost and can vary significantly depending on several factors, including:

  • Company size: Smaller companies may be able to hire HR professionals for less, while larger companies typically pay more.
  • Location: HR salaries tend to be higher in major metropolitan areas compared to rural areas.
  • Industry: Some industries, such as technology and finance, typically pay higher HR salaries.
  • Experience and Qualifications: More experienced and qualified HR professionals will command higher salaries.

Moreover, the $4,700 figure only represents the direct cost of hiring a new employee and does not include the salary and benefits of the HR professionals themselves. Additionally, This can add a significant amount to the overall cost, with the average HR manager salary in the US being around $145,750 per year, according to Business News Daily.

However, on the contrary, to reduce this cost, HR outsourcing companies enter the arena and provide all the services at a mere cost of $45 – $150/m. 

Furthermore, they are 27% more effective than regular employees. In addition, businesses can access a wider range of talent through HR outsourcing company providers and many more. 

So, in this write-up, we will explore the top outsourcing HR companies. Let’s start with knowing about it. 

What are HR Outsourcing Companies?

HR outsourcing companies are specialised firms that provide human resources services to other businesses, effectively allowing these businesses to outsource various HR functions. These services can include payroll processing, benefits administration, recruitment and training, compliance with regulations, and more.

Benefits of HR Outsourcing

Benefits of HR Outsourcing

Managing a small business comes with the addition of a multitude of responsibilities, and human resources (HR) is often an area that feels overwhelming. Fortunately, HR outsourcing companies offer a strategic solution to alleviate the burden and empower your business to thrive. Let’s learn about the key benefits of partnering with an HR outsourcing company:

  • Focus on your core business: Free up time and energy for strategic initiatives.
  • Save money: Avoid the cost of hiring and managing an in-house HR team.
  • Stay compliant: Ensure your business adheres to complex HR regulations.
  • Attract top talent: Leverage their wider talent pool for a competitive edge.
  • Boost employee experience: Foster a positive work environment and engaged workforce.

Now let’s explore some HR outsourcing companies for small businesses

Also Read: Top Benefits of HR Outsourcing

List of Top 5 HR Outsourcing Companies 2024

  • Gusto: Simple & affordable HR for small businesses.
  • Invedus: Expertise in global HR and & Finance for SMEs
  • Trinet: All-in-one HR platform for small and medium businesses.
  • Bambee: Robust reporting & analytics for HR data.
  • Insperity: Full-service HR solutions for midsize businesses.

1. Gusto

gusto

Best in the Industry for Simple & affordable HR outsourcing companies in San Francisco

Pricing upon request

Services Gusto HR outsourcing companies in San Francisco Offers

  • People Platform
  • Time and Attendance
  • Full-service payroll
  • HR
  • Health Benefits
  • Insights and reporting
  • Financial Benefits
  • R&D tax credits
  • Employee Benefits
  • Hiring and onboarding
  • Talent management
  • Workers’ compensation
  • Gusto Wallet

Why We Suggest Gusto HR Outsourcing Company

Gusto is a popular HR outsourcing solution for small businesses. They offer a user-friendly platform that makes managing payroll, benefits, and other HR tasks easy. Furthermore, Gusto also excels at onboarding new hires, with features like seamless job postings, personalized offer letters, and a streamlined new-hire training process

How is Gusto different from other HR outsourcing companies?

They are different from others in the following ways.

  • Known for its user-friendly payroll platform. Additionally, Gusto offers a wide range of HR services, including benefits administration, time tracking, and employee onboarding.
  • Their onboarding tools are particularly noteworthy, offering a seamless experience for new hires, from job postings and offer letters to training and development.
  • Gusto is a good option for businesses of all sizes. Still, it is especially well-suited for startups and small businesses that need a comprehensive HR solution without the complexity of a larger provider.

Does Utilizing Gusto HR Outsourcing Company Make Sense or Is It a Waste of Time and Money?  

Let’s find out if it’s a good or bad deal using Gusto.

Pros:
  •  Easy to use: Great for those new to payroll and HR.
  •  Compliance assured: Handles taxes and keeps you legal.
  •  Cost-effective: Affordable plans for small businesses.
  •  Benefits in one place: Manage health insurance, retirement, etc. through Gusto.
  •  Tracks time: Simplifies payroll for hourly workers.

Cons:

  • Outgrown by large companies: May not handle complex HR needs as your business grows.
  • Customer service concerns: Some users report issues with getting help.
  •  Basic time tracking (extra cost): This might not be enough for complex scheduling.
  •  US-focused: Not ideal for international businesses.

2. Invedus

Invedus

Best in industry for outsourcing company for HR & Finance and SMEs

Free 30-day trial 

Pricing upon request

Services Invedus HR outsourcing companies in London offer

  • Recruitment
  • Data Management 
  • Payroll Services 
  • Insurance Services
  • Grievance Redressal Management 
  • Compensation Management

Why We Suggest Invedus HR Outsourcing Company

We suggest Invedus HR if you seek a cost-effective partner with diverse expertise across various HR functions, including payroll, benefits, and compliance. Moreover, they offer scalable solutions for businesses of all sizes, helping you streamline processes and minimize risk. Additionally, clients highlight their reliable support and commitment to finding the best talent for their specific needs. 

How is Invedus different from other HR outsourcing companies?

Below are some facts that show how Invedus HR Outsourcing Company is different from others.

  • Using cutting-edge technology to streamline HR processes and provide clients with self-service options.
  • While many HR outsourcing companies cater to a specific region, Invedus boasts a global presence, offering services to clients with international operations.
  • Invedus positions itself as a cost-competitive option, targeting both small and medium-sized businesses.
  • They emphasize customizing their services to each client’s specific needs and challenges, going beyond a one-size-fits-all approach.

Should You Go With Invedus HR Outsourcing Company?

Let’s find out

Pros:
  • Hire the top 3% of Indian talent:  Serving Clients worldwide.
  • Targeted hiring: Hire for specific roles (e.g., React JS developers).
  • Pay-per-use: Only pay for used time/services (potentially cost-effective for short-term projects).
  •  Cost savings (potential): Lower employee costs compared to local hiring (depending on location and role).

Cons:

  • Though they already offer competitive prices for their services, you can still compare their prices. 
CTA

3. Trinet

Trinet

All-in-one HR platform for small and medium businesses. 

Free Trial 

Pricing upon request

Services Trinet HR outsourcing companies San Francisco offer

  • Payroll
  • 401k
  • iOS App
  • Android App
  • Benefits Administration
  • Live Chat/Phone Support
  • Performance Reviews
  • Time and Attendance
  • Time Off Tracking

Why Trinet HR Outsourcing Company

Trinet offers a user-friendly platform that includes payroll, benefits administration, and HR tools. Furthermore, they are a good option for startups and small businesses that are looking for a simple and affordable HR solution.

How is Trinet different from other HR outsourcing companies?

  • Primary Choice for businesses that have complex HR needs, such as those with a global workforce or those that require specialized HR expertise.  
  • Stands out for its robust reporting and analytics capabilities, which can help businesses track their HR data and make informed decisions.
  • TriNet offers a comprehensive HR solution that includes payroll, benefits administration, HR compliance, and risk management.
  • Additionally, they also have a team of HR experts who can help businesses with complex HR issues, such as mergers and acquisitions, and they offer robust reporting and analytics tools.
  • TriNet is a good option for businesses of all sizes that are looking for a comprehensive HR outsourcing solution with a strong focus on reporting and analytics.

Whether Employing a Trinet HR Outsourcing Company is a Profitable Deal? 

Let’s Check

Pros:
  • One-stop shop: Offers various HR solutions like payroll, benefits, and compliance.
  • Industry expertise: Provides tailored support based on your industry.
  • Tech tools: Streamlines HR with self-service portals for employees and employers.
  • Competitive benefits: Offers attractive benefit packages.
Cons:
  •  Pricey: More expensive than some competitors.
  •  Hidden fees: Pricing can be complex and non-transparent.
  •  Customer service issues: Some users report difficulties getting help.
  •  Tech challenges: Unattractive user interface 

4. Bambee

Bambee

Robust reporting & analytics for HR data.

Pricing upon request

Services Bambee HR outsourcing companies Los Angeles offer

  • HR Autopilot
  • Labor Regulations & Compliance
  • Terminations
  • Industries
  • Frequently Asked Questions

Why We Suggest Bambee HR Outsourcing Company

Bambee is a good option for startups and small businesses that are looking for affordable HR outsourcing solutions. Additionally, they offer a basic package of HR services, including payroll, benefits administration, and HR compliance. Moreover, Bambee is a good option for businesses that need help with the basics of HR but don’t need a full-service provider.

How is Bambee different from other HR outsourcing companies?

  • Focused on self-service HR software, Bambee offers dedicated HR professionals for direct consultation and support. This is valuable for small businesses lacking in-house HR expertise.
  • Bambee helps businesses navigate the complexities of HR compliance through services like audits and custom policy creation, providing peace of mind for small businesses potentially vulnerable to legal issues due to non-compliance.
  • It has an online platform that streamlines various HR tasks, like onboarding, document storage, and training management, simplifying HR processes for businesses with limited resources.
  • They offer their services in different areas of the USA, as well as being known as HR outsourcing companies Michigan.

Is It worth it to go with Bambee?

Revealed below:

 Pros:

  • HR in your pocket (kind of): Talk to real HR pros via phone, email, and chat for personalized guidance.
  • Compliance made easy: Stay legal with audits and custom HR policies created for your business.
  • Budget-friendly for small teams: Flat monthly fee is cost-effective for startups and small businesses.
  • Simple and user-friendly: Web platform streamlines HR tasks like onboarding, storing documents, and managing training.
Cons:
  •  Small company focus: Not ideal for businesses with over 500 employees.
  •  Desktop only: No mobile app, but still accessible on mobile browsers.
  •  Features not included: Lacks functionalities like timekeeping, benefit tracking, or payroll.
  •  Limited phone support: Phone consultations are not available for the smallest plan (1-4 employees).

5. Insperity

Insperity

Full-service HR solutions for midsize businesses.

Pricing upon request

Services Insperity HR outsourcing companies Kansas City offer

  • HR Admin & Payroll
  • Risk Management
  • HR-related compliance
  • Talent Management
  • HR Support & Technology

Why Insperity HR Outsourcing Company

Insperity is a good option for midsize businesses that need a comprehensive HR solution. Additionally, they offer a full-service HR platform that includes payroll, benefits, HR administration, and compliance. Furthermore, Insperity also has expertise in serving businesses in specific industries, such as healthcare, technology, and manufacturing.

How is Insperity different from other HR outsourcing companies?

  • Insperity offers a full-service HR solution that includes payroll, benefits administration, HR compliance, and risk management.
  • They also have a team of HR experts who are knowledgeable about the specific needs of different industries, making them a good option for businesses that require specialized HR support.
  • Insperity is a good option for midsize businesses that are looking for a comprehensive HR outsourcing solution.

Is it Worth It to Invest in the Outsourcing HR Company Insperity?

Let’s unleash

 Pros:

  •  All-in-one HR: Payroll, benefits, compliance, training, and development. They’ve got you covered.
  • Grows with you: Scales its services to fit your company size, from startups to mid-sized businesses.
  • Risk reduction experts: Helps you avoid HR headaches with compliance and best practices.
  • Happy employees, happy business: Offers programs to boost employee engagement, productivity, and learning.
Cons:
  • Potentially pricey: Might cost more than some competitors, especially for smaller businesses. 
  • No upfront pricing: You’ll need a consultation to get a quote. 
  • Industry spot: Reviews suggest a better fit for mid-sized businesses with high margins, like tech companies. 

As part of the Top 5 HR Outsourcing companies, Invedus stands out for its cost-effective, scalable solutions, empowering businesses to focus on core activities while benefiting from our expertise and flexible support.

invedus-how-we-work

Invedus Outsourcing champions Small and Medium-sized Enterprises (SMEs) in confidently navigating the complexities of offshoring with a bespoke launch pad for setting up their own offshore offices in India. Specialising in HR services outsourcing, Invedus offers SMEs a gateway to Top talent and operational excellence, ensuring their human resources are managed with utmost efficiency. Contact Invedus Today!

About Garima

Meet Garima, an integral member of the Invedus editorial team. With three years of experience in crafting compelling narratives, she brings a wealth of expertise to our roster. Her mastery of technical content writing ensures clear and precise communication. Discover how she can elevate your brand's story with persuasive and captivating content.