January 08, 2007 09:22 ET

CPEhr Keeps Pace With Growth of HR Outsourcing

WEST HOLLYWOOD, CA -- (MARKET WIRE) -- January 8, 2007 -- Human resources gained a permanent role in the American workplace during the 1950s, as the evolution of employment-related laws and sociological trends took shape. Today, it's quite clear: This isn't your father's HR world, or even your older sister's.

With double-digit growth and heightened acceptance among corporations, the multi-billion dollar Human Resource Outsourcing (HRO) industry has forever changed the landscape of managing people. Covering that landscape in California is CPEhr, one of the largest and most experienced privately held human resource consulting firms and PEOs in the state.

According to IDC, a market intelligence firm based in Massachusetts, companies worldwide are expected to spend more than $103.3 billion by 2007 on HRO, up significantly from the $61.2 billion spent in 2002. The IDC report expects the growth to continue at roughly 9% through 2010, with a significant portion occurring at the mid-market level, the area currently served by CPEhr.

"I believe that one of the main trends will continue to be a 20-30% per year increase in the utilization of outsourced providers within the mid-market segment," said Soley Van Lokeren, CPEhr's Director of Business Development. "This includes companies with 50-500 employees. Within the mid-market segment, I foresee a greater number of smaller clients that will use an outsourced solution."

Outsourcing solutions have become more than a trend. They are a growing economic and sensible alternative for every business, large and small. It's estimated that 85 percent of all U.S. companies outsource some of their HR, including those who need it for employee recruitment, part of CPEhr's vast amount of services.

The use of outsourcing services like CPEhr allow companies to focus on the bottom line, while turning over the day-to-day administrative duties like employee training, payroll, and benefit management to highly qualified experts. CPEhr -- a human resource consulting company with close to 25 years of experience and 13,000 worksite employees in 24 states -- has become one of California's major players in HRO by helping company executives create an environment that celebrates their employees, while maintaining a close watch on overhead costs.

"The key elements that satisfy executives with making the decision to outsource to CPEhr are our experience, infrastructure and service delivery," said Van Lokeren. "Because of our size, we are able to provide flexible solutions that fit with our clients' industry, size and growth goals. Knowing our clients well provides for specific, measurable results on a per client basis."

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