HR Outsourcing Companies Details
Human resources outsourcing is when a company gets an outside party to perform some or all of their HR functions. Outsourcing can be used for a number of different HR related activities. According to an August 2008 study conducted by the Society of Human Resources Management (SHRM), the most commonly outsourced HR functions are background checks, employee assistance programs, and flexible spending accounts that allow employees to use pre-tax dollars to cover medical expenses. HR outsourcing is on the rise. In the same SHRM study, 33 percent of HR professionals who participated believe their company will increase their use of outsourcing within the next five years.
HR Outsourcing