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Onboarding Best Practices |
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Good Guy = Bad Manager :: Bad Guy = Good Manager. Is it a Myth? |
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Five Interview Tips for Winning Your First $100K+ Job |
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Base Pay Increases Remain Steady in 2007, Mercer Survey Finds |
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Online Overload: The Perfect Candidates Are Out There - If You Can Find Them |
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Cartus Global Survey Shows Trend to Shorter-Term International Relocation Assignments |
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New Survey Indicates Majority Plan to Postpone Retirement |
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What do You Mean My Company’s A Stepping Stone? |
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Rewards, Vacation and Perks Are Passé; Canadians Care Most About Cash |
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Do’s and Don’ts of Offshoring |
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Michelle Oslon |
Reduce Your Employment Costs with our HR Management Outsourcing
05-15-2012 / 2:29 am #1
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Whatever your company’s human resources requirements, Cornerstone provides complete HR solutions that help you meet them. We offer a wide variety of services related to your human resources functions. Depending on the size of your business and how much control you want to assert over human resources, you can either outsource all your HR tasks or contract for services according to your choice and your budget. For example some companies focusing on specific areas such as recruitment can opt for recruitment outsourcing only. As recruiting the wrong candidate can not only be detrimental to the business’s productivity but can also lead to a lot of wastage of resources as hiring as well as training are costly endeavors. Also, the company would be burdened by the need for re-hiring. You can limit your exposure to such expenses by using our services as our HR experts will invest the time to screen applicants to assure the best match for you. |
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Neeta Khanna |
Re: Reduce Your Employment Costs with our HR Management Outsourcing
02-24-2014 / 2:51 am #2
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Datamatics Financial Ltd provide payroll outsourcing service for it's clients. The result of this implementation is efficient functioning of the HR department thus reducing the resultant employment cost |
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Debora M |
Re: Reduce Your Employment Costs with our HR Management Outsourcing
04-17-2020 / 4:01 am #3
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In these tough economic times, it is only wise for business owners to identify technologies and services that can help in reducing operational and management costs. Even a single department can consume a lot of expenses for successful operation. However, when you are managing HR, you have to deal with governmental compliance, employee benefits, employee overhead (payroll, taxes, and compensation insurance), all of these can add to the expenses tremendously. The administrative responsibilities require specialized HR talent and expensive tools/software applications. Business owners can significantly reduce HR management costs through outsourcing. This is why it has become a common solution in recent times. Here are three ways outsourcing can help in reducing employment costs: Streamlined HR Systems One of the best things about outsourcing HR is that most vendors will offer streamlined Human Resource systems to their clients that have the capability of automating every process and significantly minimizing management’s time in overseeing daily administrative responsibilities. Using these tools, you can also reduce costly paperwork, while minimizing the space required for storing documents and files. These software applications can also handle processes like compliance, tax filing, and payroll processing. This offers seamless management at a fraction of the cost. Since everything is done by the HR management provider, you don’t have to invest in heavy equipment either. Cost Effective Insurance Products When it comes to purchasing insurance products for employees, small businesses or startups are often at a significant disadvantage. Since these companies have limited budgets, they need to be wary of their expenses. Having an HR department can result in serious expenses, as you have to hire an entire team of professionals. This can become a financial burden on employers, while limiting the range of benefit plans and insurance they can offer to employees. HR outsourcing firms forge relationships with large national insurers. Through these relationships, you can receive more cost-efficient insurance products that guarantee to save tons of cash. |
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Sid Agarwal |
Re: Reduce Your Employment Costs with our HR Management Outsourcing
07-24-2020 / 5:18 am #4
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You ca further reduce your hiring cost by using www.careerhunts.com job portal. The service and support team even provide the CV support by filtering and if needed, they line up the candidates for you. |
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Suresh Husys |
Re: Reduce Your Employment Costs with our HR Management Outsourcing
06-15-2021 / 4:02 am #5
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HR Outsourcing is generally an assigning of the whole or specific HR activities to a specialized professional other than the in-house HR department. HR Services Outsourcing is carried out in different ways like Payroll, Recruitment, Talent Acquisition, etc for better HR Management. Based on firm needs you can take the HR Outsourcing services. This will save the HR time of small companies and even big companies can leverage from it and can get the specialized services at an affordable cost. You can deploy your HR in other business development activities. |
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