HR Outsourcing Service
Human Resources Outsourcing provider Company in Dhaka.
If your company spends a good amount of time on HR-related tasks then it is wasting valuable hours. However, in Bangladesh to eliminate the cost of the company most of the HR outsourcing-related tasks are given to HR managers whose role is primarily an office administrator. But it increases the costs of the company by investing time in hiring wrong choices of employment. And handling other task-related issues with HR. With our complete outsourcing solution, you’ll receive continuous support. That is, customized to adapt to business-specific demands and also dependable strategies, you can rely on.
How Outsourcing Turns So Prominent
Outsourcing turn out to be a very prominent topic in the new dimension of business across the world. The private sector business in Bangladesh is giving emphasis on human resources management outsourcing functions. Research has been conducted based on both primary and secondary sources of data with a total of 115 respondents holding the top and middle positions in the different private organizations in Dhaka city. The study has been conducted by collecting the data through a structured questionnaire and different statistical techniques such as descriptive statistics, correlation, and regression, have been used to analyze the data. Moreover, the study shows that human resource outsourcing functions are still at a growing stage in Bangladesh but the prospect is very high. The study also reveals that there is a strong positive relationship between human resources outsourcing.
Outsource Talent Sourcing
1. Manpower Recruitment
2. Talent Sourcing
3. External recruiting agency
4. HR Administration
5. Recruitment Assistance
6. Background Check / screening
7. HR Benefit Administration
Offshore Co-Employment
As a professional employer organization (under PEO service model) we introduce a joint-employment relationship. Therefore, this is with an employer by leasing employees to the employer. Thereby allowing the PEO to share and manage many employee-related responsibilities and liabilities. Our service enables your business to cost-effective management of human resources, employee recruiting, and onboarding. Also includes HR outsourcing benefits administration, HCM, Tax, and VAT compliances that free up time for your business growth. Engaging with PEO offers a full-service professional employer organization. Thus, Our firm provides a PEO experience that always aims to put the Customer’s needs first with its innovative business model.
Professional Co-Employer
- Human Resources Management
- Employee onboarding,
- Payroll Management,
- Workers’ Compensation,
- HR benefits administration,
- Human Capital Management,
- Payroll Taxation
- VAT compliances
Professional Recruiters
Our Service is a perfect solution for companies with complex HR outsourcing legal needs.
Here complex legal needs in an organization mean businesses with strict compliance like construction, healthcare, and security. Here engaging PEO will be the best choice for you to consider.
Our company is operating since 2007 as a local employment specialist. Because supporting businesses to hire employees and distribute payroll in Bangladesh.
In the simplest form, a managed payroll for internal, and contractual workers is a fairly straightforward concept.
Instead of your organization managing its payroll in-house, our managed payroll solution is designed to act as an outsourcing (HRIS) partner.
Thus, to undertake your company’s holistic HR outsourcing responsibility and payroll liabilities.
Managing a payroll, whether it’s every week or every month, our MSP professional team involve in calculating wages.
And make sure you’re compliant with the latest regulations, all while your business ensures paying its employees properly and on time.
HR Outsourcing Services
- Employment Contracts
- Payroll Processing
- HR compliance
- Risk Management
- Employee Benefits
- Tax Complications
- Staff Time Attendance
- Leave Management
Employee Leasing
Every employee of our HR outsourcing consulting group is an attorney. These legal professionals have noteworthy experience with labor and employment law.
Therefore, we apply a few sets of strategic methods for improving operations. Because that creates a commonplace among large corporations as well as small and medium-sized businesses.
Under PEO and EOR solutions, we provide HR Management, Local and Expat employees, payroll processing, workers’ compensation, and employee benefits administration including Tax, and VAT .
Employer of Records
- Employee policies
- Compliance issues
- Employment Compliance
- Compliant Payroll
- Taxes And Vat compliances
- Job Visa and Work Permit
Professional Employer
Every HR outsourcing company is going to propose equally similar services: payroll, insurance, and workers compliance.
As a PEO provider, our firm also offers payroll and tax administration, worker’s compensation, risk management, and much more.
Also, Our Employer of records (EoR) Service offers a wide variety of solutions to HR outsourcing administration.
Thus, a few of our key services under the EOR model are HR outsourcing management. Payroll processing, taxes, visa work permit, , HR benefits, and insurance so on
Lastly, we make sure your company engages with both local and overseas workers and in compliance with local employment laws.
Best 6 Offshore Staff Management And Human Resource Services In Bangladesh
Assisting businesses to focus on core operations
Effective cost savings whether direct or indirect
Transferring emphasis from internal processes to achieve business goals
Guaranteeing compliance with legal requirements
Comprehending investment in HR transformation and IT systems
Transferring risk and liability for HR related issues
The 4 Benefits of our Service
Our Services Includes The Complete Human Resource Function Management Services
1. Peak Hour Support
Firstly encounter problems in recruitment-related activities. Also a flexible workforce efficiently is a much-needed support
2.Benefits Administration
Secondly, spend less time in spreadsheeting. More time in consulting customers with our enrollment and billing support.
3.Data and Analytics
Next, keep your statistics current while gaining insights on how to optimize your operation and achieve the highest quality data
4.Compliance Issues
Our risk and compliance experts handles all changes to employment regulations and thus reduces HR outsourcing management pitfalls
FAQ
What are the most common HR functions that are outsourced?
The following are the most typically outsourced HR functions:
- Recruiting in large numbers.
- Staffing that is only needed for a short period of time.
- Background checks and drug testing are required.
- Relocation.
- Payroll.
- Administration of benefits.
- Coaching.
- Employee handbooks and policy documents are created and updated.
Is HR outsourcing beneficial or harmful?
You pay for what you need rather than what you don't need when you outsource. Whether it's a contract that spells out exactly what you'll get or an hourly rate, you'll spend less for the service than if you had to pay someone a wage. You'll save money on benefits and payroll taxes as well.
What is the significance of HR outsourcing?
Organizations that are completely focused on providing HR services will have far more advanced technology and processes in place to do so. Outsourcing your HR activities to a company like this will help you streamline your HR processes, making HR management and administration more effective and efficient.
What are the advantages and disadvantages of outsourcing human resources functions?
HR outsourcing's benefits and drawbacks
Outsourcing HR has the following pros:
- It helps you save money. The cost of hiring a full-time HR employee is frequently prohibitive for small businesses and start-ups.
- Allows employees to think more strategically.
- Vertical knowledge.
Outsourcing HR has the following cons:
- Human touch is reduced.
- In-house expertise is lost.
- There is less availability.