When small to medium businesses shop around for a human resources (HR) solution, their main considerations are whether to go for a hosted or non-hosted solution, or to simply outsource HR functions altogether. It’s important to know the advantages and disadvantages of each before making a selection.
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SMBs have vastly different human resources (HR) needs compared to large multinational corporations. HR, in a nutshell, encompasses such areas as payroll, benefits, performance evaluation, candidate screening and recruiting, employee termination, and retirement packages. It's important for SMBs to purchase HR solutions that are scalable to their functionality needs. In addition, to remain competitive with large enterprises, SMBs must rely on vendors to price their software according to a smaller IT budget