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- Avoid outsourcing or hiring an HR professional as a temp or part-timer. Using a professional at a reasonable $50/hour rate would cost over $8,000 for just one month.
- Eliminate time spent on human resources. How much time will you save? We
don't know... but if your 10-person organization saves as little as 10 hours
total per month, your iWorkwell Membership has paid for itself. Or if you
have a 10,000-person firm and save only a half-minute on each employee per
month by using iWorkwell, you've come out ahead.
- If you and your HR staff do not have the breadth and depth of iWorkwell's expertise, you probably spend at least twice as long on HR tasks as a multi-talented HR expert.
- iWorkwell makes your "HR function" more efficient. For example, finding the right form on your own might take you anywhere from an hour to a day. With iWorkwell, you would find the right form in a couple of minutes at most — since everything is searchable and in one place.
- Reduce staff turnover by one person. An employee making $25,000/year can easily cost $10,000 or more to replace when you factor in advertising/recruiting costs as well as time required to interview, process and train a new hire. And this does not include the cost of lost productivity.
- Follow HR best practices. Even a small company can reclaim thousands of dollars in lost productivity.
- Avoid common HR pitfalls that can be costly. Without the right tools and knowledge, you're not necessarily doing HR correctly and are exposing your firm to huge risks.
- Training/Development — thousands of courses on most major business & technical topics. While increasing employees' skills & productivity, you'll save thousands of dollars per employee each year.
- Forms & posters — everything you need in one place. You'll save over $1,000 per year compared to quarterly subscriptions of big booklets or cd-roms.
- Policy Wizard — Instead of paying a consultant or employment attorney experienced with employee handbooks to write or update your policies, even after an attorney's final review, you'll realize a net savings of $3,000 - $10,000 in legal fees.
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