HRBP stands for human resource business partner and it is a term that refers to a human resource specialist who has expertise and experience in developing HR strategies for partnering companies and in harmonizing those HR strategies with business objectives. Whatever the size of your business, you can only benefit from the partnership with such an HR professional or with a company specializing in this type of HR tasks. Here are some things that you should know about the solution:
- The tasks of your HRBP – your HR business partner will be able to assume a wide range of HR related tasks, from the tasks that pertain to payroll administration, tax compliance and the activities related to workmen’s compensation insurance policies to developing recruitment strategies and to handling onboarding processes.
- More time to focus on your core business – outsourcing these tasks to an experienced HR specialist will relieve you from lots of stress and will allow you to concentrate on what you do best, your core business activities.
- Money saving opportunities – working with an HRBP will eliminate the need to hire an in-house HR department. Your HRBP will work for fees and rates, that is true, but the business model in which human resource tasks are outsourced is usually easier to operate from a financial point of view than models that use an in-house team.