What is HR Outsourcing?

A Human Resource departments responsibilities usually include payroll, employee benefits, staff management, tax filing, risk management and more. HR outsourcing services typically refers to one of two major categories: PEOs and BPOs. With HR Outsourcing, these services typically include:

Payroll Administration:
Issue payroll checks, deal with taxes, and track sick / vacation time.

Employee Benefits:
Health, Medical, Life, 401(k) plans, cafeteria plans, and other benefits you would like to offer your employees.

HR Management:
HR management includes recruiting, hiring, and firing employees. This also encompasses background research, wage reviews and more.

Risk Management:
Workers' compensation, dispute resolution, safety inspection, office policies and regulations. The long-term strategic benefits of HR outsourcing solutions comprise the results-based budgeting for the functions outsourced as well as an efficient management of the business operations.

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