A Simple Yet Strategic Approach to HR
At high-growth companies, the Human Resources (HR) function plays a critical role in the organization’s ability to scale. From acquiring and retaining top-notch talent, to training and developing your team, to long-term strategic planning, purposeful HR is important to your company’s growth.
However, in today’s highly competitive market companies don’t have time to spend on the due-diligence it takes to create a purposeful HR strategy. Taylor Group aims to be your ally in creating and implementing a holistic HR strategy. Taylor Group’s HR services reduce costs, improve efficiency, and free up your leadership team’s time to focus on the bigger picture.
The High Performing HR Model
HR Products & Services
Taylor Group offers products and services to cover all tactical and strategic areas of your organization’s HR needs.
Payroll and Compliance
Payroll compliance is a complex process involving capturing and controlling data, calculating allowances, deductions, benefits, and net wages, along with editing and distributing payslips. Taylor Group aims to help simplify this process through evaluating your current Payroll process and helping you select the most cost-effective, efficient Payroll provider for your organization’s needs.
HR All-in-One Technology
Taylor Group offers multiple all-in-one HR technologies which streamline your HR operations by offering applicant tracking, new-employee electronic onboarding, payroll, benefits, reporting, compliance, and time and attendance tracking all in a single easy-to-use online platform. Taylor Group’s team of technology experts will work with you and your finance function to select the best tool to meet your organization’s needs.
Taylor Group’s HR Resource program is designed for organizations with a dedicated HR professional. Through Taylor Group’s HR Resource program your HR team member will receive continuous high-level HR support from Taylor Group, access to all necessary HR documents, and compliance best practices. This program ensures your organization’s HR function runs smoothly and prevents you from needing to use your employment practices liability insurance.
HR Premium (Managed Payroll and Compliance Services)
Even if you’re currently using technology to support your HR-function, you may still have many tax and employment-law related tasks which must be completed outside of your technology platform. These tasks can become time-consuming and put your company at risk if not completed within all compliance parameters. As part of the HR Premium program, Taylor Group assists in managing your payroll and other HR-compliance related functions. Through this process you can eliminate time wasted on monotonous HR-administration tasks and ensure your organization is not at compliance risk.
Shared HR (Business Process Outsourcing)
Through business process outsourcing, you can outsource your HR-functions to Taylor Group’s team of HR-experts. As part of the Shared HR program, Taylor Group will audit your organization’s existing HR operations and identify which functions can be outsourced to save you money. Some of the functions commonly outsourced to Taylor Group’s team include: administering payroll, managing employee benefits, recruiting and screening candidates, conducting employee training, auditing and managing employee safety programs, and more.
An important part of attracting and retaining a high-performing team is offering best-in-class benefits. Many organizations invest in benefits but fail to communicate these benefit programs clearly to employees. Through Taylor Group’s benefits administration program you can bring on one of Taylor Group’s benefits experts as your designated benefits administrator. This program gives your employees a point of contact for benefits, helping them better leverage their benefits program.
Strategic HR Services
Getting intentional about your HR-strategy becomes increasing important for companies poised for large growth. Taylor Group provides a series of consultative services which will help you refine and optimize your HR-approach. Taylor Group’s strategic HR services include: compliance review, strategic alignment evaluation, workforce planning, culture intentionality, talent acquisition, performance management, training and development, retention planning, compensation, employee relations, organizational development, and employee data management.
Mergers & Acquisitions
Taylor Group offers assistance in three areas related to mergers and acquisitions: buyer pre-deal diligence, seller pre-deal diligence, and post-transaction integration.
As a potential buyer, analyzing the people side of a business is an important component of the diligence process. If a company’s people-side of business is lack-luster, this could have a large negative impact on company growth in the future. Taylor Group’s services help you evaluate the HR-function of any organization, allowing for price negotiations and a smoother transaction overall.
As a potential seller, Taylor Group can help you plan an exit strategy. If the HR-side of your business is compromised, you’ll be unable to maximize the value of a potential deal. Taylor Group ensures that whether you’re looking to sell now, or three years from now, the people-side of your business will add value to the deal.
Post-merger, the people side of business becomes increasingly complex as you attempt to consolidate the workforce. Taylor Group’s experts will help you best navigate this transaction, creating an intentional plan for the HR-side of the business.
Interested in Taylor Group’s HR services? Connect with us to learn more.