A Complete Guide to Employee Outsourcing | Ultimate HR Solutions
It is in the nature of every successful corporate organization to gain a competitive advantage over others. One way to do it, is through outsourcing non-core competency domains so that the company in question can focus on what it does best. Outsourcing refers to a practice in which a company hires a third-party vendor to perform certain tasks, handle operations and/or provide services for the company. If you are a small or medium enterprise and are trying to save money on recruitment, we have got you covered. Here’s your complete guide to employee outsourcing. What is employee outsourcing? As noted before, when a company outsources a particular task or an area of operation to a third-party vendor, it is called employee outsourcing. There are various ways through which this can be done: Hiring freelancers: Perhaps the cheapest way to outsource, hiring freelancers can reduce manpower cost by as much as 60–70%. However, companies have often complained about the quality of the freelan...