important 5 things you must know about hr outsourcing

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5 THINGS YOU MUST KNOW ABOUT HR OUTSOURCING In the current Market Scenario where there is cut throat competition all the corporate entities want to focus and emphasize on their Unique Selling Preposition. Human resource management is one aspect of corporate management that supports the entire infrastructure of a company and acts as a gear promoting the USP of the company. But at the same time it should not be forgotten that it is the most sensitive part of the management system which if not handled properly can become a pitfall in the path of success. According to the latest trend the companies have adapted a culture where majority of their processes are outsourced and only crucial aspects are handled and controlled in house. Human Resource Outsourcing or HR outsourcing is one such practice that has become the latest trend and the need of the hour. People Management lays the strong foundation for an organization so when a company decides to outsource its Human resource processes there are certain key points that should be kept in mind while selecting the HR outsourcing companies.

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Page 1: Important 5 things you must know about HR outsourcing

5 THINGS YOU MUST KNOW ABOUT HR

OUTSOURCING

In the current Market Scenario where there is cut throat competition all the

corporate entities want to focus and emphasize on their Unique Selling

Preposition. Human resource management is one aspect of corporate

management that supports the entire infrastructure of a company and acts as a

gear promoting the USP of the company. But at the same time it should not be

forgotten that it is the most sensitive part of the management system which if not

handled properly can become a pitfall in the path of success. According to the

latest trend the companies have adapted a culture where majority of their

processes are outsourced and only crucial aspects are handled and controlled in

house. Human Resource Outsourcing or HR outsourcing is one such practice that

has become the latest trend and the need of the hour. People Management lays

the strong foundation for an organization so when a company decides to

outsource its Human resource processes there are certain key points that should

be kept in mind while selecting the HR outsourcing companies.

Page 2: Important 5 things you must know about HR outsourcing

1. Compliance Oriented Company: Outsourcing the HR process is a very

crucial decision as people management is the most vital and sensitive

aspect of a company’s infrastructure. So, extra care must be taken to check

the authenticity and track record of the company’s compliance. Employees

of a company are the game changers for an organization and contribute

individually to the success of the company. So the company handling them

must be hundred percent compliance oriented. Here it is a team of

individuals working together for a common vision so; the outsourcing

company handling them must be capable and equipped at all levels to

handle their concern both personal and professional.

2. Strong Foundation: HR process is the core strength of an organization so

when a company decides to outsource its HR process they should be

completely well aware of the third party they are outsourcing the process

to. A company that works on the strong foundation of ethical and moral

values apart from the basic business ethics can be a perfect shelter for the

most vital and crucial process of the company. When the basic foundation

of any company which includes the policy structure, legal compliance and

MIS etc is in a dicey stage the image, goodwill and success of the company

outsourcing the process will fall prey to it.

3. Should have goodwill in the market: Whenever a company decides to

outsource its HR process extra care and concern should be taken to check

and verify the goodwill and brand value of the company concerned in the

market. Outsourcing the HR process is like handing over the brand name

and brand value of the company. So, for the process to be in safe hands it

is important to check and testify the goodwill and track record of the

company involved.

4. Team behind the outsourcing service should be well versed in their work:

For the smooth running of a process it is very important that even the

minute details of the process should be recognized and taken care of. It is

Page 3: Important 5 things you must know about HR outsourcing

only possible when the team behind it is well aware and informed about

the process and the formalities involved. Any disparity in the domain

knowledge or any kind of communication gap can lead to great disasters

and loss of goodwill in the market.

5. Grievance Handling and Feedback System should be prompt and active:

Execution of any process can become better only when a proper feedback

system follows it and has an eye for minute details. For the customers to

be happy the outsourcing company should have their grievance handling

tools in place and be prompt in handling the issues. A happy customer is a

retained customer that could add to the goodwill of the company by word

of mouth. So, all possible measures should be taken to keep the grievance

handling and feedback system in place and working in full mode. Also, an

active attempt should be made to resolve the issues and respond on the

feedback.