Industries We Serve

Financial Services Sector

human resources outsourcing

HR and Payroll Outsourcing for Financial Services

MMC offers tailored Human Resources and Payroll Outsourcing solutions to meet the distinctive needs of firms in the financial services sector. By collaborating with MMC, financial service firms can streamline operations, payroll processing, employee benefits administration, recruitment , training, allowing you to focus on delivering exceptional services to clients.

Enhancing Efficiency in the Financial Sector

Streamlined HR Operations:

Outsourcing HR functions to MMC enables financial service firms to streamline their human resources processes, including recruitment, onboarding, and performance management. Our dedicated team ensures efficient workforce management, allowing firms to concentrate on their core financial activities while ensuring they have a talented and engaged workforce.

Compliance Management:

The financial services industry operates within a complex regulatory landscape. MMC’s expertise in compliance management ensures that firms remain compliant with relevant regulations, reducing the risk of penalties and legal liabilities. Our team stays updated on changes in legislation and industry standards, providing peace of mind to financial service firms.

Cost-Effective Solutions:

Maintaining an in-house HR department can be financially burdensome for financial service firms, especially smaller organizations. Outsourcing HR and payroll functions to MMC offers cost-effective solutions by eliminating the need for hiring and training HR staff, investing in HR technology, and managing compliance independently. This enables firms to allocate resources efficiently and invest in growth initiatives.

Focus on Client Service:

By entrusting HR and payroll responsibilities to MMC, financial service firms can focus on providing exceptional service to their clients. With streamlined HR processes, firms can enhance client communication, improve service delivery, and build stronger client relationships, leading to increased client satisfaction and business growth.

Let's Partner for Success

Partnering with MMC allows financial service firms to optimize operations, ensure compliance, and focus on delivering excellence in client service. Contact us today to discover how MMC can support your organization’s success in the financial services industry.

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human resources outsourcing

What HR Functions Can Be Outsourced?

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HR Administration

Management of the overall employment experience of people working at your organization.

Payroll Processing

Tracking hours worked and attendance, calculating wages, withholding taxes and benefits, and delivering payment.

Employee Benefits

This can include insurance (medical, dental, life), options, training opportunities, and more.

Performance Management

Communication to an employee that occurs throughout the year, in support of accomplishing the strategic objectives of the organization.

HR Compliance

Ensuring your company policies and actions adhere to labor laws in your country, state or municipality.

Workplace Safety and Risk Management

Evaluating and analyzing risks, then taking action to eliminate the hazards or control the risks that can’t be eliminated to minimize injury and illness potential.

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What businesses need HR outsourcing?

You may need HR outsourcing if your business faces the following challenges with handling HR tasks in-house:

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HR responsibilities are currently distributed among employees from various departments.
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Your investment of time in HR tasks is disproportionately high compared to other essential business demands.
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Your business faces liability exposure, past legal challenges, and the potential for future lawsuits.

We Help With All This And More

Over 40 years of expertise in Human Resources Outsourcing Services and Labor Law Compliance separates us from the competition.

Manage a more efficient workforce by letting MMC alleviate the administrative burdens of HR and employee relations. Our Human Resources Outsourcing Services and Labor Law Services include:

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New Employee Orientations and Collection of New Hire Paperwork
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Progressive Discipline Tracking and Assistance
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Drafting Staff Memos or Notices for Client consideration
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Employee Reviews Assistance
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Dedicated HR Liaison
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Third Party Mediation of Human Resources Issues
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Employee Handbook Creation and Updates
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Employee Separation Processing
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Hiring and Termination Assistance
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Access to MMC’s Employment/Labor Law Department
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Web-based Video Training
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Employer Posters – Updated Annually
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