Human Resources Outsourcing - 2483 Words

ABSTRACT In this globalization era, Human Resource Outsourcing (HRO) has come to the surface of business life as a solution. When Multi-national companies decided to outsource its Human Resources Operations, they had only one major goal in mind and that is cutting costs. They have decided to outsource end-to-end human resource operations to third party and today it has become the greatest of exposures. This interesting solution is the main reason why this paper was being written. This paper will discuss about the real concept of outsourcing especially human resource outsourcing, advantages and disadvantages of outsourcing, and so forth. By discussing all that, it will be clear why human resource outsourcing is quite a trend among†¦show more content†¦Technically speaking, outsourcing is not just the contract with a third party to perform a service for an organization, but it also involves transferring a significant amount of management control and decision-making to the external sup plier. The process of outsourcing is very much formal like other business processes and it always includes a considerable degree of two-way information exchange, coordination, and trust. (Martin, 2006) The concept of outsourcing became popular in the mid 1990s since then the trend of outsourcing has increased to a great level. The reason for this increase in the popularity of the concept of outsourcing was the rapid growth in the number of high-tech companies in the early 1990s that were often not vast or large enough to incorporate and run large customer service departments of their own. There are four steps that generally covered by the process of outsourcing, which are: 1. Strategic thinking, developing the organizations philosophy about the role of outsourcing in its activities. 2. Evaluation and selection, to decide on the appropriate outsourcing projects and potential locations for the work to be done and service providers to do it. 3. Contract development, to work out the legal, pricing and service level agreement (SLA) terms 4. Outsourcing management or governance, to refine the ongoing working relationship between the client and outsourcing service providers. (Shiravastav, 2007) Generally, theShow MoreRelatedHuman Resources Outsourcing : Outsourcing2141 Words   |  9 Pagescompetitive benefits, the human resources outsourcing management is facing a tremendous challenge. Human resources outsourcing (HR Outsourcing) one kind of choice provide by human resource service working mode. It is a HR service mode that offer variety human source management outsourcing to third party provider which can improve efficiency, save costs and win the competitive advantages of strategic management of HR. Keywords: Human Resources Outsourcing; HR Outsourcing Service Providers; HR Services;Read MoreOutsourcing The Human Resource Function1422 Words   |  6 PagesOutsourcing the human resource function has many advantages and disadvantages for organizations. When companies operate on a global scale, outsourcing that functions adds another layer of complexity. When evaluating various options for this department, research should be performed on (a) the culture of staffing operations on foreign soil (b) the structure of the human resource function in a global organization and (c) recruiting talent for a multinational corporation needs to be performed. ThisRead MoreHuman Resource Outsourcing Essay2095 Words   |  9 PagesLITERATURE REVIEW OUTSOURCING: Outsourcing is a strategic activity in which some of the internal activities of the organisation are delegated to external firms because of various reasons such as: - To bring in better focus for organisation - To exercise better control over operating costs - To get greater flexibility to define the requisite service readily available - To sustain the same level of competency over a period of time Usually the firms to which the activities are outsourced areRead MoreOutsourcing : Human Resource Activities1299 Words   |  6 PagesOutsourcing: This explains that in modern-day organizations there has been need to outsource some human resource activities to some other organizations to carry out. Citing Powell (Snell 1999) states that given pressures for management to be both efficiency and flexibility, firms are exploring the use of different employment modes to allocate tasks. (Snell 1999) further states that apart from having to use internal full-time employees, organizations today are increasingly depending on external workersRead MoreHuman Resources Outsourcing Strategy, Questions and Answers1317 Words   |  5 PagesQ.1 Discover the role of Human Resource (HR) outsourcing strategy to encounter the requisite for a more nimble personnel. Answer: Human Resources (HR) outsourcing strategy impulses to modify the concept of how talent is manage by the contribution of firms. To produce more agile workforce, a leading HR outsourcing discourse the requirement of efficient skills in an effective business environment. It improves the brand of employer and determine how outside world perceived by the workforce of company’sRead MoreOutsourcing For A Human Resource Essay1698 Words   |  7 Pagescourse oppose or favor outsourcing jobs overseas. Secondly, this essay will deliberate upon the pros and cons of outsourcing overseas to a developing nation. Additionally, this paper will touch upon a situation with a human resource (HR) manager by the name of Jenny. With respect to, identifying whether Jenny should focus on her current career with her company or challenge her CEO contingent upon her own personal values and principles in relation to overseas outsourcing. Moreover, this paperRead MoreThe Effects of Human Resources Out sourcing on Leadership Performance and Employee Commitment1351 Words   |  5 PagesLeadership Performance Abstract The following pages focus on providing a theoretical framework and a research design intended to address the influence of human resources outsourcing on leadership performance and employee commitment. The Introduction discusses some of the issues that reflect the necessity of research in this field. The Theoretical Framework describes the variables used in this study. The paper continues with the Scientific Research Design section that presents the type of researchRead MoreOutsourcing HR: Assignment Instructions1175 Words   |  5 Pagesto this story is like to answer to the question â€Å" Why it s difficult to outsource HR?† HR is local. It s what s happening on the ground, in the culture and among the troops. Step 1 Conduct an inventory of the tasks and functions of your human resource department. Identify those functions that you can readily outsource. Evaluate the relative costs and impact on your HR department and the amount of control you require your HR managers to exert over these functions. Step 2 Single out any functionRead MoreHuman Resource Management Functions Of The Company1635 Words   |  7 PagesHuman Resource Management Function Based on Bandag’s size, it is important for the company to look closely at the human resource functions of the company. Currently, Jim’s executive assistant handles the day-to-day human resource management. It is important to first ask if Jim’s executive assistant has the expertise to deal with the day-to-day human resource tasks or is this an additional burden on the assistant. It may appear as a burden due to the many problems the company is experiencing. Read MoreJohn Moody Case Study Essay1318 Words   |  6 PagesPeter, Managing for the Future, New York: Truman Talley Books/Dutton 1992. The effective executive has to be able to recognize and run with the opportunity, to learn, and constantly to refresh the knowledge base. Duane, Michael John, Customized Human Resource Planning: Different Practices for Different Organizations, Westport, CT: Quorum Books 1996. Theories and practical applications for effective workforce planning including forecasting, strategic objectives, program evaluation and control, and organizational