A Gartner Focus Report echoes the thought: "Only those companies ready to address the necessary transformation of their HR processes will find that outsourcing will bring access to world-class processes, competitive advantage, and increased shareholder value." HR Outsourcing Services generally fall into four categories: Professional Employer Organization, Business Process Outsourcing, Application service providers, or e-services. When you outsource HR functions, some HR Outsourcing Services go with the "all-or-nothing" approach, requiring that they handle all your HR functions or none at all. Typical services include:
• Payroll administration: Produce checks, handle taxes, and deal with sick time and vacation time. • Employee benefits: Health, Medical, Life, 401(k) plans, cafeteria plans, etc. • HR management: Recruiting, hiring, and firing. Also background interviews, exit interviews, and wage reviews. • Risk management: Workers' compensation, dispute resolution, safety inspection, office policies and handbooks. Basically the prime objective is to help clients resolve this dilemma, by helping you outsource the activities that get in the way of the things necessary to support growth. HR Outsourcing Services offer a strategic initiative to cut costs and access to intellectual capital - Excerpts from Cyber Futuristics Regards, CHRM "To win...you must stay in the game" - Claude Bristol
|