One very
important trend in the recent times has been the growth of human resource outsourcing. HR outsourcing is the outsourcing of
peripheral but necessary administrative tasks such as payroll, benefits,
education/training, recruiting personnel, administration, to realize economies
of scale and achieve standardization of services.
Rapidly changing
market dynamics and global competitive pressures have caused organizations to
spend more time focusing on their core business. Organizations are fast
realizing that they can't be all things to all people.
So companies now,
be it a software company, a service provider or a manufacturing firm, decide to
focus on their core competency, and outsource HR part in a more efficient and
cost-effective manner. Here come the role of expert and trained talent to
efficiently manage the outsource part on behalf of company.
