Human Resource Outsourcing: A New Mantra for Business Sustenance
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Procedia - Social and Behavioral Sciences 25 (2011) 227 – 232
International Conference on Asia Pacific Business Innovation & Technology Management
Human Resource Outsourcing: A New Mantra for Business
Sustenance
Uttamkumar M. Kinange, Murugaiah V
, A.S.P. College of Commerce, M.B.A. Programme, Bijapur-586103.Karnataka, India.
Board of Studies. Kuvempu University. Davangere, India
Abstract
During 6000 BC, it was the 16th day of the great “kurukshetra war. Late in the night, Radheya went to
Duryodhana’s tent and said: “I am superior to Arjuna, but I have no good charioteer. If I have Salya as my charioteer, I am sure to win the war. But you have to coax Salya to offer his services. Embracing his friend
Radheya, Duryodhana said: I will coax Salya to do this, go and rest in peace. Talent was in short supply even in those days. And Duryodhana had no option but to outsource it for the day.
Outsourcing itself is not a new concept as organizations have for years contracted with external suppliers to provide an array of services. A number of studies indicate outsourcing is growing with respect to both the number of companies outsourcing and the number of functions outsourced. Attracting, retaining and developing workforce, and keeping abreast of the latest technology can prove difficult and costly for many organizations.
Almost all businesses can benefit from some kind of outsourcing. But, the challenge is to decide which HR function to outsource and which to retain. Further the need for employment information and expertise service at low costs extended by vendors has given rise to HR outsourcing.
While the existiong studies provide some insights regarding the trend and practice of HR outsourcing, they do not explore HR outsourcing practices in depth. There is little research on HR outsourcing practices in Indian organizations and very little is known about organizations’ experience with outsourcing
Procedia - Social and Behavioral Sciences 25 (2011) 227 – 232
International Conference on Asia Pacific Business Innovation & Technology Management
Human Resource Outsourcing: A New Mantra for Business
Sustenance
Uttamkumar M. Kinange, Murugaiah V
, A.S.P. College of Commerce, M.B.A. Programme, Bijapur-586103.Karnataka, India.
Board of Studies. Kuvempu University. Davangere, India
Abstract
During 6000 BC, it was the 16th day of the great “kurukshetra war. Late in the night, Radheya went to
Duryodhana’s tent and said: “I am superior to Arjuna, but I have no good charioteer. If I have Salya as my charioteer, I am sure to win the war. But you have to coax Salya to offer his services. Embracing his friend
Radheya, Duryodhana said: I will coax Salya to do this, go and rest in peace. Talent was in short supply even in those days. And Duryodhana had no option but to outsource it for the day.
Outsourcing itself is not a new concept as organizations have for years contracted with external suppliers to provide an array of services. A number of studies indicate outsourcing is growing with respect to both the number of companies outsourcing and the number of functions outsourced. Attracting, retaining and developing workforce, and keeping abreast of the latest technology can prove difficult and costly for many organizations.
Almost all businesses can benefit from some kind of outsourcing. But, the challenge is to decide which HR function to outsource and which to retain. Further the need for employment information and expertise service at low costs extended by vendors has given rise to HR outsourcing.
While the existiong studies provide some insights regarding the trend and practice of HR outsourcing, they do not explore HR outsourcing practices in depth. There is little research on HR outsourcing practices in Indian organizations and very little is known about organizations’ experience with outsourcing