Have you ever wondered what Outsourced HR is and how it can benefit your business?
In this article, we will explore the concept of Outsourced HR, how it works, and some useful facts to consider. Outsourced HR is a contractual agreement where an external third-party provider takes on the management and responsibility of all, or certain, HR functions for an employer. This can include functions such as outsourced human resources, skills development, training, Employment Equity, B-BBEEE Consulting, COIDA Assistance, POPIA Assistance and more. Whether you need to outsource a single function or partner with a full-service HR department, Outsourced HR can provide the expertise and support your business needs.
1. What is Outsourced HR?
Human Resource Outsourcing is a contractual agreement between an employer and an external third-party provider where the management and responsibility of all, or certain, HR functions are transferred to the external provider.
2. How does it work?
An employer will need to assess what HR functions it needs to outsource. This may be the entire function, or just parts thereof. An outsourced HR Manager will step in to address the HR functions required by the business and will serve as part of your internal team
3. What are three types of HR Outsourcing:
• Outsourcing a single function, this could include legislative functions such as Employment Equity or Skills Development
• Outsource the responsibilities for which your existing employees do not have the expertise or capacity
• Partner with an outsourced consultant who will do it all, and essentially function as a full-service HR department.
Stay tuned for more useful HR related information!