Blue Paper

Economic Opportunities in HR: Total Cost Analysis

This whitepaper serves as an informational resource for HR managers to outline the economic opportunities in HR and provide a five step total cost analysis for outsourcing.

Economic opportunities in HR include:

  1. The increased need for cost analysis and strategic planning due to globalization, technology, economic uncertainty, shrinking supply of skilled labor, the threat of inflation and government regulation.
  2. Strategic Business Process Outsourcing-we explain how and why studies show HR technology can reduce HR administrative time by 40-50%
  3. Comprehensive Partner Solutions- how to choose a vendor that provides comprehensive solutions

The five step total cost analysis can provide a concrete road map for quantifying and proposing potential cost savings through business process outsourcing. Download the rest of this whitepaper to learn more.

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