How Organizations Can Utilize an SDVOB-Owned Human Capital Firm
Service-Disabled Veteran-Owned Business (SDVOB) human capital firms are owned and operated by service-disabled veterans and provide a range of services to organizations. In addition to traditional recruiting services, these firms can provide a number of other valuable services that organizations can utilize. Here are some examples:
Payroll and Independent Contractor Classification Services:
SDVOB firms often offer services to manage all aspects of an organization’s payroll including processing payroll checks or direct deposits, calculating and withholding payroll taxes, and preparing and filing payroll tax returns. They can also assist in making sure independent contractors are classified properly by reviewing job descriptions, contracts, and other documentation to determine whether a worker should be classified as an employee or an independent contractor. The firm may also provide guidance on the proper documentation and processes for engaging independent contractors.
Diversity, Equity, and Inclusion (DEI) Initiatives:
SDVOB human capital firms can bring a unique perspective to DEI initiatives, given the experiences of service-disabled veterans. These firms can help organizations develop and implement DEI strategies, promoting a more inclusive and equitable workplace.
SDVOB human capital firms can help organizations ensure that their hiring practices and employment policies comply with government regulations, particularly those related to pay transparency, and veteran hiring
SDVOB human capital firms can help organizations develop and implement workforce development programs, particularly those focused on training and upskilling service-disabled veterans.
Talent Assessment and Development:
SDVOB human capital firms can provide assessments of an organization’s talent pool and offer guidance on development and training programs, particularly those focused on helping service-disabled veterans reach their full potential.
These are just a few of the ways that organizations can utilize an SDVOB-owned human capital firm. The specific services offered by a given firm may vary, so it’s important to do your research and find a firm that offers the services you need to achieve your goals.