What is Outsourcing?


‘Outsourcing’ is the process of hiring a third party to perform any insignificant tasks of a company in order to free the in-house staff members and allocate them for other important tasks.


The most significant benefit of outsourcing is that the company can focus on their core business areas while the rest of the processes can be handled by the third party who has been tasked with undertaking the process.


Outsourcing also helps in reducing the labor costs involved in performing these insignificant tasks while also creating a form of abstraction so that the company need not understand how the work is done. They need to be concerned only with the deadlines and the service level achieved.

More HR Terms

Big Data

What is Big Data?   ‘Big Data’ is the term used to define large quantities of data that are humongous and complex to the extent

Work Stoppage

What is Work Stoppage?   ‘Work Stoppage’ is the term used to denote the stoppage or work either by the employees themselves or by the

Flexible Work Arrangements

What is Flexible Work Arrangements?   ‘Flexible Work Arrangements’ refers to the unorthodox arrangements a company makes with its employee to take into consideration their

Contact Us

Contact Us

We use cookies on our website to provide you with the best experience.
Take a look at our ‘privacy policy’