While labor costs continue to rise organizations that take advantage of best practices are spending 20 to 80 percent less, providing a more attractive and enjoyable workplace, and outperforming competitors
Houston, Texas (PRWEB) February 6, 2008
A report from Ephor Group, a provider of management services to BPO/HRO and outsourcing technology and service providers, found that while more than 50 percent of small and mid-sized enterprises outsourced some HR component, the majority have multiple providers and have struggled with maximizing the value of outsourcing as well as determining the appropriate time to insource these functions.
“While labor costs continue to rise organizations that take advantage of best practices are spending 20 to 80 percent less, providing a more attractive and enjoyable workplace, and outperforming competitors,” said Garry Meier, Ephor Group Chairman. “Are clients show us that growing organizations that maximize people value and ensure activity alignment with the firm’s goals outperform others 2 to 1.”
Ephor Group has made available a compilation report from their research of hundreds of businesses. The complimentary report focuses on best practices for small and mid-sized enterprises (SMEs) and provides a roadmap for a better performing workforce.
“Great leaders are fully engaged in assisting with transformation of business - ready with tools, analytics and ensuring every process is integrated, easy to use and scalable to support their organization.” – Rich Dunphy, Ephor Group partner and HR technology advocate.
The report, "2008 HR Best Practices Guide" is a compilation of surveys, interviews, and client results from the past two years and includes:
1. How-to Align Financial Performance with Workforce Analytics
2. Human Capital Scorecard for Small and Medium Enterprises
3. What Is Outsourced Over a Firm’s Lifecycle
4. Bringing an Outsourced Function Back In-House: Insourcing Best Practices
5. HR Shared Services for SMEs
6. Aligning HR Technology with Business Goals
7. HR Spend Benchmarks
Download the complimentary report “2008 HR Best Practices Guide: A Roadmap for Companies” at http://www.ephorgroup.com/roadmap.asp
About Ephor Group (http://www.ephorgroup.com)
Ephor Group increases valuation for mid-market technology and service based businesses. Our approach is proven, pragmatic, and performance oriented. Our proven methodology, the Perform Business Process™ fills in the gaps where functional expertise and capital are constraining the business. Ephor has a deep track record for creating wealth for founders, executives, and investors.
Charles Bedard, Ephor Group
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.