Case StudiesOutgrowing in-house HRFood industry
HOW WE HELPED A GROWTH COMPANY GET THE TIME NEEDED TO FOCUS ON THEIR CORE BUSINESS
Richard Huldisch, Managing Partner
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Problem
A multigenerational family-owned business in the food industry operating in three states had grown exponentially over the years.
The company had grown to 85 employees and management now spent a tremendous amount of time dealing with HR issues, compliance, health insurance, and other non-core business activities.
The time spent dealing with these activities occupied so much of their time that finding the time to focus on the actual day-to-day business became very difficult.
Management had envisioned further expansion to other states and more lateral growth but this had proven unattainable under current time constraints.
Solution
After The Huldisch Group conducted an analysis of the company’s current condition and management discussions of the above issues, we concluded with the client that a Professional Employer Organization (PEO) would be a natural partner to help them with the workload.
We gathered the company data for a side-by-side cost analysis and found among three options, one that would satisfy their needs best.
Result
A PEO that was well positioned in their industry was selected to help them outsource the four core areas they needed help most; Payroll, Worker’s Compensation, Employee Benefits, and most importantly the HR Administration.
The Huldisch Group helped the company negotiate a favorable rate with the PEO we provided access. We then set up a visit from the PEO’s upper management to the company’s headquarters to make sure they would receive the best service and gain the comfort level they needed.
The results: we saved the company 7.5% on its medical premium costs while enriching its health plans, and the PEO now handles at least 8 to 9 hours a week of work that used to fall on the company's HR team.
Today, the company enjoys the much-needed time for the expansion project as well as gaining peace of mind knowing that they are in full compliance with all federal, state, and local labor and HR laws.
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Written by
Richard Huldisch, Managing Partner, The Huldisch Group
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