Human Resource Outsourcing

What is Human Resource Outsourcing?

 

‘Human Resource Outsourcing’ is the term that signifies the practice of taking the help of a third party to fulfill certain duties of the HR department. This is usually implemented by getting into a contract with a third party.

 

Another important aspect to consider is that companies might outsource a certain task of the HR or they might even consider outsourcing the entire HR department. Mostly, companies opt for outsourcing the payroll department as it requires the HR to repeat the same mundane tasks as well as take care of statutory compliance.

 

Some companies would also outsource the training department since there are various agencies who specialize in providing this service and hence, they would be able to complete the training effectively.

More HR Terms

Applicant Pool

What is Applicant Pool?   An ‘Applicant Pool’ is a list of potential candidates who have applied for a vacant job position and are being

HR Manager

What is an HR Manager?   ‘HR Manager’ is an official job designation that deals with the same roles and responsibilities as the HR Generalist.

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