Asked by Redwanul Haque on Jun 27, 2024

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What is outsourcing? What are the trends in human resource outsourcing?

Outsourcing

The practice of hiring external firms or individuals to perform tasks, handle operations or provide services that are either difficult to manage or are outside the company's expertise.

Human Resource Outsourcing

The practice of contracting out human resource functions, such as recruitment and payroll, to an external provider.

Trends

Refers to the general direction in which something is developing or changing over time.

  • Elaborate on the role and implications of outsourcing in human resource management.
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Mohanad AbdulkareemJun 29, 2024
Final Answer :
Outsourcing refers to the practice of having another company (a vendor, third-party provider, or consultant) provide services. Outsourcing gives the company access to in-depth expertise and is often more economical as well. Today's outsourcing for HR departments is moving more into areas that automate process and support decision making. Examples include recruitment process outsourcing and benefits administration. Small companies sometimes outsource most of their HR work.