FAQ

The industry standard price ranges between AED45 and AED4,500 per month. Of course, the price depends on various factors. Typically, it can be customized based on individual requirements, and thus, the wide range.

Further, the providers follow different HR outsourcing pricing models.

• A standard fee or a flat fee charge
• At regular time intervals (monthly, quarterly, or annually)
• Per employee per month basis
• Hourly basis
• Percentage of each employee’s gross income (charges range from 4% to 8% of their gross income meaning, the total cost varies based on your company size)

The model followed is based on the type of services provided and the one that suits your needs.

When deciding to outsource your HR functions, you should address the following questions:

1. Would outsourcing disrupt the organization’s operations?
2. Does it enhance your focus on core activities?
3. Does the situation merit outsourcing?
4. What type of outsourcing and services suits your business?

The answers to these questions give you a clear plan of whether to opt for outsourcing and if so, which outsourcing services you do require. Choosing the right outsourcing type helps optimize the above factors and goes a long way in cost reduction.

According to this Harvard Business Review, optimized outsourcing reduces almost 20-30% of your annual in-house HR costs. The next question is how does outsourcing reduce costs?

By sharing or outsourcing the most expensive HR functions, you can reduce a substantial amount in your budget, which could otherwise be used to enhance your core operations. With outsourcing, you can control where your money goes. You can choose what services you require and pay only for those necessary ones.

The outsourcing service providers take the expenses of the required functions and spread them across multiple client organizations meaning, that a high level of service can be provided to a company at a much lower cost.

Additional Benefits

In addition to being cost-effective, outsourcing brings several other benefits to your table.

1. Increases efficiency by letting you concentrate on your core activities
2. Streamlines your hiring procedure
3. Puts an expert eye on your policies
4. Regulates payroll
5. Improve employee relations
6. Provides professional employee training and development

Of course, this list isn’t exhaustive. Refer to our HR outsourcing benefits (we can probably link the relevant post here) to learn more on these benefits.

Yes, the outsourcing service providers take the expenses of the required functions and spread them across multiple client organizations meaning, that a high level of service can be provided to a company at a much lower cost.

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All data is stored in trusted cloud servers. Hence, all of your data is ensured of security by Amazon’s highest security protocols and standards.

You can pay your entire team in one click in their local currencies using our payroll solution. Multiplier offers a dedicated dashboard for you to manage your employees’ payments and invoices.

1. Appraisals and performance management
2. Payroll and benefits administration
3. Training and development
4. Recruitment
5. Employee management (such as absence management)
6. Grievances and disciplinary procedures
7. Employment law

Deciding whether to outsource HR or handle it all in-house is a common question asked by small businesses and entrepreneurs. It’s also an important point to consider, since getting it right will help you minimise your human resources costs.

Human resources, overall, does not generate revenue, so you’ll want to take care of it as quickly and cheaply as possible. Just be aware that slip-ups in HR can be extremely costly because many HR services require specialised skills. That’s why it’s crucial to do it properly.

But which option suits your small business or start-up best? With retained HR consultancy, you’ll be charged a minimum service fee per month, so you’ll want to make use of a base level of HR support.

Though in our experience, the majority of small businesses usually reach the threshold to make this worthwhile. This is especially important if you have no in-house HR skills, and want to be safe in the knowledge you’re working within employment law – just note that there will also be a maximum usage cap.

That said, pay-as-you-go can be invaluable if you have an unusual project you need specific HR help with. Or, you could combine this option when needed with a more cost-effective retained arrangement to keep your overall human resources fees down.

There are a number of different factors – both internal and external to your business – that will affect your human resources consulting fees.

The main questions to ask yourself will be:

• How many employees do you have? – This is the main difference as the more staff you have, the greater your HR needs.
• What HR services do you need? – A simple function like fixed-fee payroll, for example, will cost far less than bringing in an experienced employment lawyer to represent your small business at tribunal.
• Do you want retained or pay-as-you-go HR help? – Most small businesses find they need some degree of retained support, and this is a great option for keeping costs down.

We provides outstanding payroll outsourcing services that caters every business’ needs.

1. Payroll processing – online payslips, dedicated payment window
2. Employee benefits administration
3. WPS payments counseling and guidance
4. Management of Employee’s remuneration reimbursement and travel expenses.
5. Leave management including regular updates on accrued/consumed leave
6. Bonus, overtime and incentives management
7. Automated alerts for expiry of passport/visa and other essential documents.

Payroll outsourcing services allow business owners to focus on more important activities instead of using valuable time to ensure that workers have an accurate and on-time salary payment. Apart from configuring payment systems, the one that provides payroll services to add the following for UAE services:

• Supervise the attendance of the workers.
• Set up and adjust deposit accounts.
• Calculation of payroll taxes.
• Guarantee exact deductions.
• Include benefit planning.
• Enforce the laws that govern payroll.
• Provide electronic payroll records to both employers and employees.

Hiring quality personnel to work in your company can be both time consuming and costly. It takes a lot of effort to find the right person for the job, as well as a background check that could take weeks. The cost of hiring an employee is not cheap either, especially when you have to pay overtime or benefits. With MyPeopleHR outsourcing service, these problems are solved!

Many businesses are looking for affordable HR outsourcing services, but few can find the right fit as most other outsourcing HR companies have gaps in their service. Fortunately, MyPeopleHR has you covered with everything included in a fixed monthly fee that is affordable to just about any business.

As part of our HR outsourcing service we will provide you with all the specialised human resource documentation including a HR company handbook, prepare all staff contracts and will take care of all correspondence letters with employees on your behalf. Please get in contact with a staff member today to find out more about our documentation processes when you’re outsourcing human resources with MyPeopleHR.

The average time frame for the completion of an HR outsourcing contract is around 30 days. However if we can spend time with you face to face and you’re also proactive in sending back drafts and amendments to us straight away, we can reduce the above time down to as little as 48 hours.

Yes, our outsourcing HR services will provide you with a dedicated HR services consultant who will be your first point of contact. Alongside you will also receive a dedicated HR documentation specialist and a highly qualified HR legal advisor. The above team will enable you to receive a seamless outsourced human resource solution which can quickly and nimbly deal with any employment situation you might encounter.

Implementation time depends on the size and complexity of the business, on average it takes between 5 days up to 4 weeks.

Our cloud-based software offers the ability to work anytime, anywhere around the world with no extra cost.

Our development team can scope, deliver and support any custom or bespoke integration requirements.