By: Ciopages Staff Writer
Updated on: Feb 25, 2023
As a part of Human Resources Transformation efforts, many companies are considering human resources outsourcing opportunities. What HR services to insource and what HR services to outsource is not a black and white decision, but is based on a variety of macro and micro factors. Generally, the HR outsourcing opportunities are outlined as an integral part of the HR Transformation Roadmap. Before embarking on outsourcing any of the Human Resources functions, it is important to consider the following:
HR outsourcing is the leverage of an external third-party service provider to either procure specific HR personnel to manage certain HR functions; or selectively farm out the management of specific areas of the HR value chain to a specialist HR services company, with a contractual agreement, which determines the size, scope, activities, outcomes and service level agreements.
The answer to “What can be outsourced?” is everything and anything. But the question is “What should you outsource?”. As we mentioned earlier, it depends on a variety of factors, some of which are global trends, and others are company specific factors. In general, the following are some of the areas that have been historically favored areas for various types of outsourcing.
If you pursue the Human Resources Outsourcing Opportunities with a strategic vision, clarity of purpose, a prudent plan, and an operational blueprint, it is possible to successfully implement outsourcing strategies in your HR realm.
To learn more about HR outsourcing, you may consider reviewing reports on Everest Group and content/tools on SHRM.
There is more information available on HR transformation. Please check out CIOPages.com HR Transformation Resources and the Human Resources Transformation Toolkit for additional insights and resources to help you in HR transformation efforts.
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