Outsourcing, or outsourcing of non - core functions to a third - party company, is no longer a new phenomenon in the market, and today's leaders have long known what benefits can be obtained by giving the functions that are secondary to the company to a professional service provider. For example, recruitment and appraisal of personnel is traditionally outsourced to recruitment agencies.
Payroll is also neither key nor strategically important, regardless of the size of the company. However, HR managers, HR staff and accountants can spend up to 60% of their working time on this routine work. In the case of outsourcing, the performance of this work by the specialists of the company - the service provider, the personnel of the personnel department will be able to concentrate their activities on their key tasks, work with personnel.
Indeed, in addition to performing routine daily work, HR departments play an important role in the process of creating competitive advantages in any business. It is known that innovative and effective HR - strategies can bring significant changes to the bottom line of the company's financial performance.