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 Outsourcing Services that can reduce HR division costs and web enable your work
force.
The service line encompasses Payroll operations, benefits administration, employee
data records and management, asset management services etc.
Estimates show that the latent size of HR outsourcing in India is about $2 billion
with a current market of $27 million and it is growing at a rate of about 50 per
cent.
Why outsource HR operations to India?
Indian Internet IT service companies (software and web developers) are considered
a viable outsourcing option today. What they offer is a strategic initiative to
cut costs and access to intellectual capital not available in-house.
The increasing emphasis on customer response activities in the West have made Indian
outsourcing service providers reinvent themselves and extend their web development
activities to ASP (Application Service Providing) and other high-end outsourcing
solutions.
Comprehensive HR outsourcing services that you can outsource to India:
- Maintenance of personnel records
- Annual review and revision of employee handbook
- Audit of HR strategies, policies and procedures
- Implementation of employment/termination procedures
- Job description process
- Exit interviews
- Employee development program
- Performance management process
- On-site support
- Employee retention programs
- Long term incentive/equity stock option programs
- Employee Morale Building
- Compensation plan review
Recruiting services
- Retained Search
- Job Description Development Strategy
- Ad Placement
- Applicant Screening
- Reference and Background Check
- Candidate Interviews and Recommendations
- Development and Coordination of Offer
- Integration of New Hire
HR management services
- Compensation plan review and analysis
- Culture development
- Due diligence/Acquisition planning
- Incentive and retention programs
- Executive Coaching
- Succession Planning
Benefits administration
- Brokerage Services
- Custom Benefit Plan Strategies and Design
- Benefit analysis, cost control and reduction recommendations
- Development of Employee Communications
- Eligibility and Enrollment Services
- Employee claims resolution
- Monthly invoice audit and reconciliation
- On-line employee access to benefits information
Payroll services
- Employee self-service features
- Payroll processing and reporting
- Payroll tax reporting
- Time off tracking
- Online benefits enrollment
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