What is HR Outsourcing?

Ashok Staff asked 3 months ago

HR outsourcing can be defined in a variety of ways. It is the process of sub-contracting the human resource functions to an external supplier. In can be simplified and explained as that HR outsourcing is basically an agreement between the employer and a third party which does not belong to the company in any manner. The employer handovers the management and responsibility of certain HR functions to the HR outsourcing firm. The function of HR outsourcing firm is to meet those needs. Different types of HR outsourcing options are available, for example, an employer can outsource a specific aspect of HR or as vast as outsourcing the entire HR function.
The services mostly offered by HR outsourcing firms include functions like Administering the organizational structure and staffing requirements, Recruiting the talent, training them and arranging developmental programs, managing the health benefit plans, Administering the work compensations, Organizing the employee orientation programs. The HR outsourcing firms also manage the payrolls and maintain the tax files. Apart from all these managing all the legal fulfillment’s and other such functions.

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