Main Article Content
Abstract
Outsourcing is an act of obtaining products or services from outside another organization. Outsourcing can be in any field such as human resource, information technology, etc. Human resource outsourcing has emerged as one of the rapidly growing section of the business process outsourcing. Human resource outsourcing activities include recruitment and selection, training and development, etc. outsourcing leads to reduce the cost, to gain benefit from experts, to focus on core competencies by outsourcing non-core activities. Despite growing popularity, there are lots of debates on human resource outsourcing and ongoing debate the focus is on the decision to ‘outsource’ or ‘not to outsource’, what to outsource, how to outsource and how much to outsource. This descriptive research tries to explain various types of human resource outsourcing, reasons of outsourcing, activities which are being outsourced and also whether human resource outsourcing reduces cost for an organization or not based on extensive literature review. This paper also describes various types of companies which provides outsourcing services. No doubt Human Resource outsourcing leads to reduce the cost, but with this cost reduction, an organization sometimes loses its control over various activities. More dependence on outsourcing leads to dissatisfaction among the employees and an increase in the unemployment level in the country.