As COVID-19 continues to wreak havoc on businesses of all shapes and sizes, what are the measures you can take to keep your employees secure and minimise your human resource overheads, so your business pops out at the other end? This blog will explore how getting a firm handle of COVID-19 and ANZPEO partnership will create the perfect balance to weather the storm.
Minimised HR expenses
Keeping your costs low will be one of your biggest focuses in the coming years, as you navigate the challenges associated with the recent pandemic, both in New Zealand and the wider world.
ANZPEO can help you to determine areas where you can save a significant amount of dollars through effective cost-saving measures that will see a lot of your internal HR overheads taken care of by a third party. These changes could also have a significant impact on your business’s long-term growth patterns. In fact, studies have shown ANZPEO could help your business grow up to 9% faster! And, the average return on investment for a company which uses a PEO is 27.2% per year.
Studies have also found that by working with a ANZPEO, you’re provided with access to a hold suite of HR services you otherwise may not be able to afford, saving you an average of $450 per employee compared with companies who manage their HR services internally.
Minimised liabilities
We’re likely to see this pandemic continue for some time, so we should expect legislation and restrictions to change often. And with changing legislation comes an increased risk of non-compliance.
At ANZPEO, we provide guidance for navigating new and changing employment laws to help our clients mitigate the risk when it comes to non-compliance so that they can avoid expensive oversights altogether. This proactive approach to compliance will protect employees and companies for years to come.
Your very own team of HR experts
What HR policies must we adhere to? What are my liabilities as an employer? What are my legal responsibilities as a business owner? What changes do I need to make to my contracts?
Particularly for smaller businesses when critical resources are often focused on securing more business, a full suite of experts for an HR department isn’t always the top priority.
By working with ANZPEO to employ your staff on your behalf, you’re working with a team of experts in the industry who are well versed in New Zealand employment law and the changes that come with it, even as they change as often as they do during a pandemic.
Support for remote teams
If there’s one thing this pandemic has taught us, it’s how quickly international borders can shut. For international teams, this can be detrimental to how remote teams are managed.
For international businesses with teams in New Zealand, ANZPEO could effectively manage your teams in New Zealand without you having to leave your country of residence.
For companies who do operate in New Zealand, ANZPEO has been able to help companies manage their working-from-home staff members in areas including productivity management and liability.
COVID-19 and ANZPEO | Contact ANZPEO today to find out more about how we can help your business during a pandemic.
Uncertain times are challenging for any business, regardless of where you are in the world. But, by working with ANZPEO, you could mitigate compliance risks, achieve significant savings in several areas and manage your remote teams more effectively. Call us today to find out how we can help.
