Why business process outsourcing?
The main centres for business process outsourcing are India and the Far East, as well as Eastern Europe. In these regions there are pools of low cost and highly educated labour providing savings of around 20-50% on certain business operations. While there are many countries that are part of this growing market, India has by far the biggest share. Types of Business Process Outsourcing Human Resources (HR) Most companies need HR or personnel services to recruit new staff, implement new procedures and processes, draft employment contracts etc. Because HR legislation is updated regularly, and general management might not always be aware of the latest changes, potential legal implications can be expensive. Key HR areas that can benefit from being outsourced: o benefits administration, o salaries and holiday admin, o recruitment, training and personnel development, o organisational personnel requirements, o disciplinary issues. If certain processes and procedures are not adhered to, for exam
