The volatile business environment has pressured Human Resources and other business functions to pursue substantial cost reduction without sacrificing service quality. In this context, many organizations have turned to HR outsourcing as a means to "do more with less." While businesses have long used HR outsourcing for specific activities such as payroll and benefits administration, recent years have seen HR outsourcing occupy a broader role in the operations and strategic plans of leading companies. For enterprises undertaking or considering HR outsourcing, the critical question is how to get the most benefit from the initiative in terms of efficiency, savings, and service delivery quality.
The Hackett Group, a leading global strategy and operations consulting firm, has closely studied the HR outsourcing practices of HR organizations that excel in operational efficiency and effectiveness. From the experience and successes of these world-class organizations, a number of HR outsourcing best practices clearly emerge. For example:
For enterprises undertaking HR outsourcing initiatives, The Hackett Group provides valuable support services including business benchmarking, transformation consulting, and advisory programs specifically tailored to HR executives. We offer deep expertise and hands-on experience in a range of critical HR concerns such as talent management, HR delivery strategy, outsourcing and offshoring, and the design and implementation of global business services strategies.
To learn more about The Hackett Group's HR outsourcing consulting services, as well as our other services such as cash flow analysis and other types of finance consulting, contact us.