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MORE INDIAN MID-MARKET FIRMS TO ADOPT HR OUTSOURCING: STUDY.

AsiaPulse News

| September 01, 2008 | COPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

NEW DELHI, Sept 1 Asia Pulse - An increasing number of Indian mid-market companies with about 3,000-15,000 employees, are expected to adopt Human Resources Outsourcing in the coming years in an attempt to bring down cost and reap gains from latest technologies, says a study.

Moreover, in terms of adopting HRO, these firms are projected to surpass larger corporations having 15,000 or more employees in the next few years, reveals the study conducted by Everest Research Institute, the research arm of global consulting firm Everest Group.

According to the report, companies in the mid-market segment are adopting HRO due to the allure of a growing supplier base that continues to bring forward focused offerings that support cost reductions, access to up-to-date technology and standardised processes.

Estimates show ...

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Source: HighBeam Research, MORE INDIAN MID-MARKET FIRMS TO ADOPT HR OUTSOURCING: STUDY.

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