Los Angeles, Calif. –– February 2, 2008 – Due to a grim economic forecast for 2009, businesses in California are turning to Human Resources Outsourcing firms to help relieve their recession woes. This is according to a new white paper recently released by CPEhr, a leading HR outsourcing firm, entitled “Human Resources Outsourcing: Helping Your Businesses Thrive in a Recession.”
The white paper reviews the bleak economic report by analysts and the impact the recession will have on employers. These areas include: diminishing revenues, unpredictable cash flow, increasing layoffs, rising lawsuits, increasing insurance premiums, and diminished employee productivity. The white paper details these unique employment challenges and how Human Resources Outsourcing is a viable solution currently being pursued by thousands of employers.
Researched and compiled by CPEhr’s Director of Marketing, Ari Rosenstein, the white paper is based on CPEhr’s extensive experience working with a wide range of companies in the small to mid-sized business sector.
“In trying economic times, employers must focus on reducing unnecessary expenses and improving productivity,” says Hanita Hofman, CPEhr’s Executive Director of Business Development. “We have found that once employers outsource unproductive HR administration, they are better positioned to focus on their core business.”
The white paper focuses on the role HR Outsourcing plays in supporting six key employment priorities on which all businesses must concentrate to stay ahead of the economic downturn:
1. Stabilizing operating expenses increases company value and calms corporate anxiety.
2. Streamlining operations reduces unnecessary overhead and cuts wasteful spending.
3. Lowering insurance premiums reduces overhead and expenses.
4. Minimizing employment risks reduces the potential of lawsuits and complaints to the federal agencies, and the resultant legal fees and judgments.
5. Training and motivating staff increases employee morale and improves productivity.
An overview of the niche Professional Employer Organizations (PEO) industry is highlighted, with a description of how the business relationship between the PEO and client supports these important initiatives.
Hofman adds, “By taking advantage of the HR Outsourcing firm’s economies of scale and depth of HR expertise, the benefits an organization receives are obvious, and this value far outweighs the costs.”
A free copy of the white paper can be downloaded from their corporate website at
http://www.cpehr.com/white-paper.
About CPEhr
CPEhr has been a leader of HR Outsourcing and PEO services since 1982. With over 15,000 serviced employees and hundreds of clients, CPEhr is the largest privately-held PEO based in California. With 25 years of service and experience in the local marketplace, CPEhr is familiar with the needs of California employers, and is able to deliver a solution that fits those needs.
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