| "> | | | | Typically, HR outsourcing can be classified into two |
| What is HR Outsourcing? | | | | broad categories such as transaction and |
| Human Resources Outsourcing of HR Outsourcing is | | | | administration outsourcing and HR consultancy. While |
| not a very new concept to Indian outsourcing market. It | | | | transaction and administration outsourcing deals with |
| basically means managing the human resource | | | | the day-to-day and month-to-month activities like |
| department of offshore companies that are | | | | payroll management, employees benefits |
| hard-pressed for time and expertise when it comes to | | | | management, and pension management, HR |
| taking care of their employees. Research indicates | | | | consultancy is a much more complex process that |
| that an HR department spends 80% of their time in | | | | constitutes management of strategy and policy |
| managing tactical and transaction oriented HR | | | | functions of the organization. Transaction and |
| operations. If these processes are outsourced then the | | | | administration outsourcing form the low-end of the |
| trained HR staff could be re-deployed in the core | | | | value chain of an organization. HR Outsourcing is an |
| process which will add substantial values to the | | | | off-shoot of offshore companies located primarily in |
| organization. | | | | the US. |
| What Does HRO Consist of? | | | | |