Abstract

Rapidly changing market dynamics and global competitive pressures have caused organizations to spend more time focusing on their core business. So organizations tend to decide and do what they are good at and outsource everything else. Human Resource Outsourcing is one such area, which includes outsourcing of administrative tasks such as payroll, benefits, education/training, recruiting personnel and administration. Through Human Resource Outsourcing, not only costs can be reduced but also an easy access to best practices, latest technology and faster turnaround are the other benefits to name a few. The paper tends to examine the present position, the potential opportunities of HR Outsourcing in India and how it can be used as a tool for achieving global competitiveness.

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