June 30, 2006
Where is HR Outsourcing headed?
HR is probably one of the most lucrative market areas for outsourcing, outside of IT and telecomm. In recognition of this trend, The Conference Board published a report on HR Outsourcing Trends in 2002. The Board has now followed up with a fresh report on the benefits, challenges, and trends that mark HR outsourcing.
You need to see the two reports in conjunction as two parts of a study that investigates practices and outcome of HR outsourcing. The 2006 report is the result of a survey of 122 major companies in North America and Europe. According to an article published by IT
Analysis:
In addition to an analysis of how human resource outsourcing practices may have changed in the interval since the previous study, this report evaluates the benefits and drawbacks of outsourcing, explores the considerations that lead to the decision to outsource, and examines the early experiences of a growing number of companies that are choosing to outsource the bulk of their HR activities.
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