If your company spends a good amount of time in HR- related tasks then it is wasting valuable hours in less productive tasks. However, in Bangladesh to eliminate the cost of the company most of the HR outsourcing related tasks are given to ad hoc HR managers whose role is primarily an office administrator but it increases the costs of company by investing time in hiring wrong choices of employment and handling other task related hassles to HR. With our complete outsourcing solution, you’ll receive continuous support customized to adapt with business-specific demands with dependable strategic, analytical and tactical services you can rely on.
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 to achieve various objectives of managing human resources. A research has been conducted based on both primary and secondary sources of data with 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, regression, and ANOVA have been used to analyze the data. The study shows that human resource outsourcing functions are still at a growing stage in Bangladesh but prospective are very high. The study also reveals that there is a strong positive relationship between human resources outsourcing enhances the overall HRM performance of the organizations. (Sources: Islam Mohammad, HR Outsourcing in Bangladesh(August 30, 2019). Journal of Business Studies, Vol. XXXX, No. 2, August 2019, University of Dhaka.)
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
1. Peak Hour Support
Encounter spikes in recruitment related activities with a flexible workforce efficiently this is a much needed support
Spend fewer time in spread sheeting and more time in consulting customers with our enrollment and billing support.
3.Data and Analytics
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Human Resource Outsourcing is a procedure in which a corporation hires a third party to handle its human resources functions. HR outsourcing allows a company to save money and time while also giving them a competitive edge in their human resource initiatives and providing better service to their employees.
The following are the most typically outsourced HR functions:
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.
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.
HR outsourcing's benefits and drawbacks
Outsourcing HR has the following pros:
Outsourcing HR has the following cons: