Outsourcing human resources management can save up to 30 percent of the cost and increase employee satisfaction as well.
Companies are experiencing important changes in human resources management and the Professional Employer Organizations, or PEOs, have been one response to these changes. Primary factors driving the growth of the industry include an increase in the complexity of laws and regulations governing the human resource function and the subsequent need for professional expertise to manage and maintain a workforce to deal with these new realities. PEOs concentrate mainly on small- and medium-size companies. The use of PEOs frees up managers to focus on their core competencies rather than on employment-related ...
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