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01
HR
Outsourcing
By Monu
Outsourcing is a subcontracting
process about a business function
or specific business activity to a
third party.
Outsourcing is a business practice
in which a company hires a third-
party to perform tasks, handle
operations or provide services for
the company.
Outsourcing
03
Human Resources
outsourcing is the
process of moving your
HR functions to an
external service
provider for them to
handle and execute any
necessary actions, as
well as giving
advice and helping to
formulate HR strategies.
HR Outsourcing
04
Services offered by
HRO
• Payroll and tax administration
• Employee training and development
• Policy creation and workplace safety
• Recruitment and onboarding
• Benefits administration
Compliance and risk management
Need Of HR Outsourcing
05
1.Enabling businesses to focus on core
operations
2.Delivering cost savings – whether direct or
indirect
3. Helping to create a stable, cost-effective
operating platform
4. Transferring focus from internal processes to
achievement of business goals
5. Realizing investment in HR transformation and
IT systems
6. Ensuring compliance with legal, regulatory and
best practice requirements
7.Transferring risk and liability for people issues
06
Advantages of HRO
1.Risk reduction and transfer
2. Minimizing risks
3. Increasing efficiency
4. Improved employee engagement
5. Focusing on revenue generating
activities
6. Improving HR technology
7. Time saving ( for long term goals)
8. Reduce costs
9. Improve operating performance
10. Effective use of resources
07
1. Misuse of Resources
2. Compromise with
quantity
3. Poor quality
4. Loss of control
5. Data insecurity
6. Cultural Changes
Disadvantages
Values of HR
Activities
• Any resource of firm- skill, knowledge
or task are known as value when it
helps to form strategies that result in
enhance efficiency and effectiveness.
• Help in competitive advantage
• Activities which is not valuable, the
activities doesn’t contribute to the core
competencies of the firm are
outsourced.
• As the benefits if activities to the
customer increase, the values increase
as well
08
Uniqueness of HR
Activities
It refers to rarity or scarcity in eternal
market .
• High Values- Activities may range from those
that are instrumental to achieving
organizational objectives.
• Low Values- Primarily administrative in
nature.
• Low Uniqueness- in routine
• High Uniqueness- Idiosyncratic for firm ( add
specific effects in organization)
09
Decisions About
Internal And
External
Deployment
10
09
Human resource outsourcing and decision About Internal and external deployment.pdf

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Human resource outsourcing and decision About Internal and external deployment.pdf

  • 2. Outsourcing is a subcontracting process about a business function or specific business activity to a third party. Outsourcing is a business practice in which a company hires a third- party to perform tasks, handle operations or provide services for the company. Outsourcing
  • 3. 03 Human Resources outsourcing is the process of moving your HR functions to an external service provider for them to handle and execute any necessary actions, as well as giving advice and helping to formulate HR strategies. HR Outsourcing
  • 4. 04 Services offered by HRO • Payroll and tax administration • Employee training and development • Policy creation and workplace safety • Recruitment and onboarding • Benefits administration Compliance and risk management
  • 5. Need Of HR Outsourcing 05 1.Enabling businesses to focus on core operations 2.Delivering cost savings – whether direct or indirect 3. Helping to create a stable, cost-effective operating platform 4. Transferring focus from internal processes to achievement of business goals 5. Realizing investment in HR transformation and IT systems 6. Ensuring compliance with legal, regulatory and best practice requirements 7.Transferring risk and liability for people issues
  • 6. 06 Advantages of HRO 1.Risk reduction and transfer 2. Minimizing risks 3. Increasing efficiency 4. Improved employee engagement 5. Focusing on revenue generating activities 6. Improving HR technology 7. Time saving ( for long term goals) 8. Reduce costs 9. Improve operating performance 10. Effective use of resources
  • 7. 07 1. Misuse of Resources 2. Compromise with quantity 3. Poor quality 4. Loss of control 5. Data insecurity 6. Cultural Changes Disadvantages
  • 8. Values of HR Activities • Any resource of firm- skill, knowledge or task are known as value when it helps to form strategies that result in enhance efficiency and effectiveness. • Help in competitive advantage • Activities which is not valuable, the activities doesn’t contribute to the core competencies of the firm are outsourced. • As the benefits if activities to the customer increase, the values increase as well 08
  • 9. Uniqueness of HR Activities It refers to rarity or scarcity in eternal market . • High Values- Activities may range from those that are instrumental to achieving organizational objectives. • Low Values- Primarily administrative in nature. • Low Uniqueness- in routine • High Uniqueness- Idiosyncratic for firm ( add specific effects in organization) 09
  • 11. 09