Human Resources Outsourcing Is Another Way Of Controlling Costs
Human Resources outsourcing will play a major roll in controlling department costs. Depending on a company’s needs, all human resource functions or just a portion, such as payroll, can be outsourced. According to Dramis, a Cornell University study on small businesses’ HR management found that companies who had effective HR management practices experienced 22.1 percent higher revenue growth, 23.3 percent higher profit growth and 66.8 percent lower turnover.
Read the full article linked below.
http://www.gbj.com/content.cfm?action=story&WikiID=8002
W. Garnett & Associates
Human Capital Management
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