HR
Support Package costs are typically 38 pence per employee per
day. That is
less than ₤12 per employee per month,(excluding VAT) for 20+ employees
the
price reduces. That compares very favourably with the typical HR
support
services costs of other providers, and much less than ₤500 per person,
per
annum, which is the typical cost for companies handling HR activities
in-house.
This
value proposition means that even the smallest companies can now afford
professional support and be HR-compliant. If the Managing Director has
previously been handling the HR activities, then their time is now
freed up for
the business of actually managing the company
The
cost of non-compliance can be measured in the exposure to tribunal
fines for
having "got it wrong" or not having the right documentation in place.
The maximum fine for unfair dismissal is unlimited. The average fine is
around ₤9000
at tribunal.
For the
Fully managed HR function service the price like the service is
bespoke.
However costs are typically 30-40% lower that the in house alternative.
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