Showing posts with label payroll outsourcing. Show all posts
Showing posts with label payroll outsourcing. Show all posts

Wednesday, October 24, 2018

Functions of Human Resource Outsourcing (HRO)?

HR outsourcing has become a trend these days, big multinational companies are the on the front row to head for HR outsourcing. And seeing them, the small companies have also tightened their belt and started opting for HR Outsourcing.

Now, what is HR Outsourcing?

 The name somewhere suggests an idea itself, about the meaning of HR Outsourcing. HR Outsourcing is a modern technique in which the human resource activities of an organization are being outsourced so that the company can focus on the organization`s core competencies. Like for small companies, it is often a problem to see every corner of the organization and HR functions are usually a hassle task and time-consuming that it will create difficulty in managing other important thrust areas. With the help of the HR outsourcing, this problem can be solved and also enhance effectiveness by focusing on what the organization with their best effort. It will also be a helping hand in improving the flexibility of the organization to the rapidly changing business needs. Usually, businesses that outsource HR are typically small to midsize firms with a number of employees ranging from 25 to 1500. If companies go for partially HR outsourcing, then the company only shares responsibilities with the vendor by sharing a limited amount of information and thus have proper control over the functions. But on the other hand, if the company decides to completely go for HR outsourcing, the vendor has a complete knowledge and takes on all HR responsibilities. for Further Details Click here!.


The following are the functions of the HR outsourcing whether you go for partially or completely -  

  • ·         Background Screening
  • ·         Payroll Services
  • ·         Risk Management
  • ·         Temporary Staffing
  • ·         Employee Assistance/Counseling
  • ·         Health Care Benefits
  • ·         Retirement Planning
  • ·         Performance Management
  • ·         Drug Screening