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Sunday, November 20, 2005

Correct Approach Required for HR Outsurcing Success

Correct Approach Required for HRO Success – Hackett Group

As per a new study by the Hackett Group, a majority of HR Outsourcing (HRO) deals singed by ‘typical’ companies result in increased cost even after relying on selective outsourcing of highly repetitive tasks as against ‘world class’ companies which manage to reduce costs by 25 percent.

The study points out to a correlation between increased spending on outsourcing and that of increase in HR cost incurred per employee. The many reasons cited for such an increase include lack of attention to streamlining the process and failure to retain staff responsible for the outsourced function. However, ‘world class’ companies, as per the report, are able to achieve a better execution of outsourcing deals by balancing factors like BPO mix and increased internal focus on strategic activities. The report also found world class companies to spend about 25 percent less and have about 16 percent less HR staff.

 
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9 Comments:

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Anonymous Anonymous said...

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Or try In Vino, Veritas,
fun musings about wine and food.
Serious about business on the Internet? We've just launched a site that helps people who are interested in improving their best home based business.
Give us a visit and let us know what you think.

11:25 PM  
Anonymous Anonymous said...

As we approach the new year and New Years resolutions, some modern
wisdom strikes home in the words of Yoda. "Do, or do not. There is no 'try'. "
Yoda ('The Empire Strikes Back'). Whatever your personal feelings about the conflict in Afghanistan and Iraq, the troops serving there are our flesh and blood and our friends and neighbors. They deserve our reassurance that we ALL support those who are placing their lives at risk, whatever the politics of the time and place. To that end there are two excellent programs that let us "Do" for our absent fellow citizens. Either of these sites are great for a "good deed". Operation Uplink is a unique program that keeps military personnel and hospitalized veterans in touch with their families and loved ones by providing them with a free phone card. You can also go to
USO Care Packages and send someone in the armed services some seasonal cheer. On the lighter side, don't miss
In Vino, Veritas,
fun musings about wine and food or Old worn out saddles , the life and times of a Montana cowboy from the early
1900's. Amazing people, our ancestors. For your business advancement, we've
started a site that helps people who are interested in improving their
most unique internet business opportunities.
Please stop by and let us know what you think.

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