The impact of HR on business performance, scaling, and talent retention may not always be easily measured in numbers or KPIs. Yet, it plays a crucial role in a company’s long-term success. After all, people are the driving force behind the implementation and monetization of ideas across industries. Forward-thinking companies equally rely on individual expertise and team collaboration to thrive long-term, and the loss of key talent can often lead to collective setbacks, even when performance metrics suggest otherwise.
Naturally, not all companies have equal resources for keeping a fully staffed, highly skilled HR team capable of managing a wide range of HR responsibilities without external assistance. However, lacking an HR team – or failing to address gaps with third-party support – can lead to significant challenges. From compliance breaches to poorly managed processes like onboarding, contract negotiations, and employee engagement, the absence of an adequate mediator between the employer and the employees results in decreased productivity, high turnover, and the loss of top talent to more strategic competitors.
Although outsourcing adds upfront costs, which may mistakenly seem unreasonable to small-scale and/or self-funded companies whose budgets are often focused on immediate growth, it is a strategic investment that pays off over time. As our colleague Meryem D Wilflingseder, Global HR Manager with an academic background in Business Administration, Consumer Behavior, and Organizational and Industrial Psychology, explains, outsourced end-to-end HR is ultimately a cost-effective decision in the bigger picture:
Establishing a full-scope HR management system may cost more, but it pays off over time. Outsourced HR specialists apply their knowledge of organizational psychology to help companies understand who to keep and not to keep in their teams, and how to ensure long-term commitment.
In our experience, we’ve observed that client expectations for EOR-managed workforce solutions often extend far beyond standard tasks like payroll and benefits administration, and PTO management, and other paperwork typically delegated to HR specialists. Fortunately, our team’s in-depth expertise allows us to step in as a comprehensive HR service provider for companies that need external support with employee lifecycle management and talent retention.
Acvian HR Plus solution was designed to address these needs and more.
Acvian HR Plus covers a broad range of tasks, such as:
Not all EOR providers are the same, and many focus primarily on routine tasks like payroll and taxes, sometimes overlooking compliance matters. This can leave client companies scrambling to stay updated on relevant regulations, which goes against the idea of comprehensive external support. Failing to follow local laws can lead to employee disputes, work permit rejections, or even legal issues. While an EOR can take on many responsibilities, the employer still faces the resulting psychological burden if any issues occur. Acvian’s team of experts handles compliance-related queries, ensuring that both the client and their employees stay informed about the ever-evolving legal landscape.
These tasks are carried out with the help of top-scale HR service management software, which has user-friendly interfaces, secure document storage systems, and extensive functionality. This makes operations seamless and stress-free for employers and employees alike.
Acvian HR Plus is an end-to-end HR service package offered within the framework of Employer of Record (EOR) and Professional Employment Organization (PEO) solutions. Designed for companies seeking a third-party employment partner, it goes beyond the standard range of HR functions and is tailored to meet broader workforce needs. In essence, Acvian HR Plus serves as an all-in-one payroll and HR service, ideal for businesses with limited or no in-house HR teams, offering strategic workforce management and talent retention support.
With HR Plus, remote companies can fully take advantage of outsourced performance management and career development, both especially challenging for teams that do not co-work in the same physical location. If needed, our designated specialists can set up processes for tracking attendance, productivity, and efficiency, as well as monitor employee development and workplace satisfaction. They can introduce and calculate performance-based bonuses or other incentive systems and gather data to enhance or support existing in-house performance management systems. Additionally, we provide consulting on flexible workplace arrangements and flexible hour policies, while monitoring the effectiveness of these strategies in each unique scenario.
If your talent needs on-site career training or coaching, Acvian HR Plus can connect your employees with experts in their preferred location. Alongside this, we offer administrative and cultural integration support for relocating talent – an attractive benefit for retaining high-value employees managed through the EOR model.
One of our team members will be happy to learn more about your business needs and explain the HR Plus package in more detail. To get in touch with us, simply book a meeting with our expert or submit a request form.