Elements of Human Resource Outsourcing

Payroll

  • Receipt and analysis of payroll data
  • Reporting and payment of payroll taxes
  • Issuing payments (via check or electronic payment) and reports to employees
  • Issuing payments to third parties (for example, employee IRAs) and reporting data to end user

Personnel Administration

  • Employee relations
  • Employee lifecycle and record management
  • Employee communication
  • Bringing new hires on board
  • Relocation and expatriation administration
  • Labor management and local compliance issues (such as working time directive)

Education and Training

  • Training needs identification
  • Training administration
  • Specialized training requirements

Benefits Administration

  • Distribution of healthcare and retirement plan information
  • Managing eligibility
  • Answering queries regarding coverage
  • Leave tracking
  • Maintaining retirement earning histories, enrollments, retirement or vested rights estimates, and benefits termination administration

Hiring and Recruitment

  • Resume management
  • Hiring need identification
  • Job profiling and specifications
  • Selection process administration
  • Compensation processing
  • Reference checks
  • New employee induction
  • Visa filing and administration
Insight:
For more information about Offshore Outsourcing, see Offshore Outsourcing: Business Models, ROI and Best Practices.
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