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What is HR Outsourcing?
Park City offer outsourced HR services to companies across the UK. But what is 'Outsourcing' and is it a good move for your company? Follow our guide and decide for yourself:
What is Outsourcing?
Outsourcing is "The delegation of one or more business processes to an external provider, who then owns, manages and administers the selected processes based on defined and measurable performance metrics" (Gartner 1995)
29% of companies now outsource part or all of their HR function (CIPD Survey Report June 2009).
69% of these companies have outsourced the employment law function (CIPD Survey Report June 2009).
41% of all companies expect HR services to be outsourced by 2012.
In the context of HR Outsourcing, the specific processes that are outsourced will vary from organisation to organisation. Some companies have chosen to outsource all of their HR processes while others have chosen to outsource a few chosen components of their HR function.