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What is HR outsourcing?
HR
outsourcing services generally fall into four categories:
PEOs,
BPOs, ASPs, or e-services. The terms are used loosely, so a
big tip is
to know exactly what the outsourcing firm you are
investigating
offers, especially when it comes to employee
liability.
http://www.buyerzone.com/personnel/hr_outsourcing/printable_bg.html
HR
Outsourcing (PEO, ASO) Buyer's Guide
URL: http://www.buyerzone.com/personnel/hr_outsourcing/buyers_guide1.htm
There
are no clear-cut price ranges with HR outsourcing. The fees
range
greatly between services, as well as within the services.
Aspects
like number of employees, the options you choose to use, and
even
geography, will affect your overall cost.
A PEO typically
charges 4 percent to 8 percent of each employee's
pretax salary
per month. The monthly range can be as little as $20 per
employee
to as much as $200.
A typical package with an online service,
including insurance, 401(k)
and workers' compensation, costs $75
to $130 per employee per month
with an upfront setup fee of about
$2,000.
Contracts with HR outsourcing firms will usually run
a year. But you
should work in a clause in which you can give 30
days' notice to break
the contract if you are dissatisfied with
the services or don't need
the services anymore.
You can get
quotes online from HR outsourcing services here.
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http://www.buyerzone.com/personnel/index.html
HR/Personnel
Looking
for personnel supplies and services for your office? Choose
a
specific product from the list below. You will find free
online
quoting; practical, expert purchasing advice; advice from
other
buyers; and multi-vendor buying tools.
HR/Personnel
Categories
-- HR Outsourcing (PEO, ASO)
--
Payroll Services
-- Staffing/Recruiting
--
Temporary Staffing
-- Time & Attendance
--
Training
-- Uniforms
Related Categories
--
Benefits
-- HR Consulting
-- Professional
Services
Buyer's Guides
HR Outsourcing (PEO, ASO) Buyer's
Guide
URL: http://www.buyerzone.com/personnel/hr_outsourcing/buyers_guide1.html
Payroll
Services Buyer's Guide
URL: http://www.buyerzone.com/personnel/payroll/buyers_guide1.html
Staffing/Recruiting
Buyer's Guide
URL: http://www.buyerzone.com/personnel/recruiting/buyers_guide1.html
Temp
Staffing Buyer's Guide
URL: http://www.buyerzone.com/personnel/temp_staffing/buyers_guide1.html
Training
Buyer's Guide
URL: http://www.buyerzone.com/personnel/training/lowdown1.html
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http://www.buyerzone.com/benefits/401k/buyers_guide6.html
http://www.buyerzone.com/benefits/401k/printable_bg.html
401k
Plans Buyer's Guide
Pricing
How much will a plan cost
you?
How much a plan costs is too broad of a range to pin down,
since it
depends on a number of variables. But there are standard
fees and
expenses that make up the total cost of a
plan.
-- Set-up fees.
-- Administrative fees.
-- Investment Management fees.
-- Communication
fees.
These are standard expenses that make up the total cost of
a plan, but
your plan may have additional fees as well. Other
expenses could
include special services (additional training, a
toll-free help
number, etc.).
Total costs of plans are
hard to pin down. But, in 1998 the Department
of Labor did a
study on the cost of 401(k) plans. They came up with
benchmark
figures for the top 17 third-party administrators (TPA) in
the
country. The annual fees and expenses for a business with
100
employees and $2 million in assets range from
$11,400-$42,800.
Annual fees and expenses attached to online
401(k) services are a bit
cheaper. They range between $700-$2000.
Per-participant fees are many
times not applicable, if so expect
to pay $20 per year.
***** This website offers a wealth of
resources to the buyer of HR
outsourcing products. The buyer�s
guides for the various HR services
sectors will give you some
guidelines on pricing your HR
outsourcing
services.
======================================================
HUMAN
RESOURCES OUTSOURCING --
INDUSTRY TRENDS AND
RESOURCES
=====================================================
http://www.napawash.org/si/HS-GREEN.pdf
National
Academy of Public Administration (NAPA)
Advancing the Management
of Homeland Security
Lifting the Winner�s Curse and Avoiding
Buyer�s Remorse: Lessons from
HR Outsourcing
Experiences
September 2003 - As it defends the homeland from
terrorist threats,
the federal government increasingly depends on
outsourcing agreements
with the private sector. Recognizing the
importance of outsourcing to
the Department of Homeland Security,
the Academy convened �Lifting the
Winner�s Curse and Avoiding
Buyer�s Remorse: Lessons from HR
Outsourcing Experiences,� an
Academy forum moderated by former Under
Secretary of Defense
Jacques S. Gansler.
The outsourcing relationship undertaken
by the Transportation Security
Administration for screening,
hiring, and training federal airport
screeners provided the
springboard for a broader discussion of
outsourcing. The
panelists identified key challenges to outsourcing
and suggested
strategic actions for overcoming those challenges.
***** This
is a 20-page report that discusses private-public
partnerships in
outsourcing by the Federal government. This is
projected to be a
major growth area for the HR outsourcing industry
and the lessons
discussed here might be of interest to
you.
-------------------------------------------------
http://www.govexec.com/features/0403/0403managetech.htm
April
15, 2003 -- Human Resources: Outsource With Care
Like
many technology companies during the recession, human
resources
firms are training their sights on the federal
government as a
potential new market. Long considered an
impenetrable maze of computer
systems developed in house to
administer horribly complex civil
service rules, the federal
government is starting to look like the
place to be for the human
resources industry. In fact, the Bush
administration has begun to
push agencies to outsource more and more
work to the private
sector. �The federal government is the big dog,
the ultimate HR
outsourcing play, the Holy Grail,� says Jay Whitehead,
publisher
of Human Resources Outsourcing Today, a monthly trade
magazine. �Everybody who wants to be on the map in human
resources
outsourcing has a federal government
strategy.�
***** This is another article that alerts you to
opportunities in the
government
sector.
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http://directory.google.com/Top/Business/Business_Services/ Outsourcing/Human_Resources/
Business > Business Services > Outsourcing > Human
Resources
***** This directory provides a long list of HR
Outsourcing
vendors.
-------------------------------------------------
http://www.business.com/directory/human_resources/outsourcing/
Home > Human Resources > Outsourcing
Human Resources
Outsourcing
CATEGORIES:
Compensation Design & Planning
Employee Communication Materials
Employment
Law
Financial Benefits
General
Healthcare
Benefits
HRMS\HRIS
International Management
Organizational
Development
Relocation Management
Staffing & Recruiting
***** This site offers a very big directory of HR
outsourcing vendors.
The list of categories also leads to
additional specialty
area
resources.
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http://www.hr.com/HRcom/index.cfm/WeeklyMag/296F2D12-10FA-4A5B-
BD3EFC566A4B19F1?ost=wmFeature
From
The Vendor Files
Vendor Files, Volume 12, Issue 19, October 28,
2003
Outsourcing: Is It A Trend Or A Fad?
According to
Mark Hodges from EquaTerra, �The Early adopter stage of
HRO is
now officially over and the early adopters are established with
a
service provider in place and the market is growing�.
Mark
defines two distinct models:
Integrated and Direct: Examples
of this are Exult and Accenture, where
they integrate several
back-end technology players (in Exult�s case
best-of-breed
providers like Deploy, IQ Navigator, and Docent)
Aggregator
and Indirect: Mellon, CIBC and EDS
A perfect analogy of these
systems is the use of ATMs. Years ago, we
went to the ATM and had
a single transaction at our bank�s ATM only.
Today, we can go to
any bank and do a number of transactions. This is
similar to what
we are experiencing with employee portals and HRO.
The issue
when negotiating these contracts is that companies talk
about
cost savings, but really mean organizational comfort. Often
when
confronted between saving the most money and being
comfortable, they
pick the latter.
***** This is a current
article that highlights recent trends in the
HR outsourcing
industry.
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http://www.outsourcing-hr.com/
OutsourcingCenter
is the publishing and research division of
Everest
Group.
-------------------------------------------------
http://www.strategichr.com/shrsweb2/onstemgr_hroutsrc.shtml
Human
Resources Solutions
Human Resources Outsourcing
Program
***** This site provides a good diagram that
illustrates the range of
HR services that can be
outsourced.
-------------------------------------------------
http://www.peo7.com/default.htm
PEO7 � Gateway to the PEO Industry
The links to the left will answer
your questions about PEO Services
and explain how this
cost-effective solution significantly reduces
employer
liabilities. When you are ready to complete an
individual
pricing request, we can connect you with our special
class of
pre-approved PEO Members. They will review your
information and
contact you with an obligation-free
proposal.
=======================================================
HUMAN
RESOURCES OUTSOURCING � REPORTS, ARTICLES,
PORTALS,
DIRECTORIES
=======================================================
http://www.forrester.com/ER/Research/Report/Summary/
0,1338,16620,00.html
BPO's
Fragmented Future
BPO will not generate the multiprocess
megadeals that large vendors
desire. As the US BPO market expands
to $146 billion in 2008, it will
split into four subsegments --
with clients grabbing more of the cost
savings.
Price:
US$675.00
Length: 19 page(s)
Key Figures & Data:
Forecast: US BPO Market, 2003 To
2008
-------------------------------------------------
www.internetnews.com/ent-news/article.php/3071001
September
2, 2003
Business Process Outsourcing Overhyped?
Citing
its recently released report, "BPO's Fragmented
Future,"
Forrester Research (Quote, Chart) said "firms looking to
outsource
core business processes like human resources, and
finance and
administration to gain cost savings will not find a
single vendor that
can manage such complex
offerings."
Meanwhile, Forrester found that while most of the
executives it
surveyed reported their companies didn't spend much
on BPO in 2002, 52
percent said they were considering outsourcing
and planned to spend at
least $1 million on BPO in 2004. They
cited human resources, customer
resources, customer service
procurement and accounting as the most
likely processes for
outsourcing.
The second largest segment will be broad shared
services, representing
$57 billion by 2008, Forrester said. This
segment includes finance and
administration, indirect procurement
and human resources. Noting the
segment requires more
understanding by employees than simple bulk
transactions,
Forrester predicted that ACS and Mellon HR Solutions
will expand
into the HR side of the segment, while big IT systems
integrators
will battle over finance and
accounting.
-------------------------------------------------
http://www.zdnetindia.com/news/features/stories/89054.html
Mega
deals will elude Indian BPO players: Forrester
September
05, 2003
The business process outsourcing (BPO) industry in
India is unlikely
to bag multi-purpose mega deals as the industry
is headed towards a
fragmented future in the US, the main source
of business for Indian
BPO vendors.
The report has said "although the big players attack the BPO as a
single market,
Forrester believes that the complexities of the market
will split
BPO into four distinct segments". Accordingly, the future
of BPO
will evolve around simple bulk transactions, broad
shared
services, high volume vertical process and niche
vertical
applications.
***** This article presents some
additional insights on this report
from the offshoring
perspective.
-------------------------------------------------
http://itmanagement.earthweb.com/erp/article.php/3071001
Business Process Outsourcing Overhyped?
September 2,
2003
Research firm Gartner (Quote, Company Info), noting that
firms are
most likely to utilize a combination of delivery models
as they move
toward BPO, suggested that those interested in the
model not ignore
the possibilities of offshore insourcing to
complement outsourcing. In
offshore insourcing, Gartner
explained, firms set up their own
offshore captive "shared
service centers," allowing them to retain
control while providing
their own data security.
In its report, "Offshore Insourcing
vs. Offshore Outsourcing," Gartner
suggested three criteria for
evaluating the use of offshore insourcing
vs. offshore
outsourcing.
***** This article provides additional insights
about the same
Forrester report and adds additional predictions
from
Gartner.
-------------------------------------------------
http://www.techweb.com/wire/story/TWB20030902S0006
http://www.crm-software-24x7.com/Business_Process_Outsourcing_BPO/Article1926.aspx
http://biz.yahoo.com/bw/030902/25465_1.html
http://www.aspnews.com/news/trends/article/0,2350,4341_3071001,00.html
*****
Here is a selection of additional articles based on the
same
Forrester press
release.
-------------------------------------------------
http://www4.gartner.com/5_about/press_releases/pr28aug2003a.jsp
August
28, 2003 -- Gartner Says Companies Examining
Offshore
Outsourcing Options Should Also Consider Offshore
Insourcing as a
Solution for Their Sourcing Needs
*****
This is the Gartner press release on the report mentioned in
the
prior
article.
-------------------------------------------------
http://www3.gartner.com/pages/section.php.id.2215.s.8.jsp
Gartner � Outsourcing
***** Searching for HR or �human resources� gives you 200+ hits for
Gartner reports and articles related to
HR. The length and pricing
vary but you might find it productive
to browse through what is
available on current trends in HR
outsourcing.
===============================================
MAN
RESOURCES OUTSOURCING -- ASSOCIATIONS, ORGANIZATIONS,
PUBLICATIONS
=================================================
http://www.hrotoday.com/
Human
Resources Outsourcing Today
HRO Today is trade magazine
published by Outsourcing Today LLC, the
leading provider of
integrated marketing services bringing buyers and
providers of
outsourcing services together. Outsourcing Today LLC,
holds a
major equity position in HRO World, a high level events
company
in the HR outsourcing sector. Outsourcing Today LLC is
the
founder of the Human Resources Outsourcing Association
(HROA).
-------------------------------------------------
http://www.hroworld.com/hroexpo/V40/index.cvn
HRO
WORLD 2004
HUMAN RESOURCES OUTSOURCING CONFERENCE & EXPOSITION
April 14-16, 2004 - Conferences
April 14-15,
2004 - Exhibits
New York Hilton Hotel & Towers
New York,
NY
-------------------------------------------------
http://www.mercerhr.com/
Mercer Human Resources Consulting
2003
Worldwide compensation surveys and reports
http://www.imercer.com/common/saw/SAWTable.asp?L5=on&C2=on
Surveys
Around the World
***** This leads you to links for 70
compensation surveys.
http://www.imercer.com/international/home/ReportOverview.asp
Reports & Publications Overview
Providing high-quality human resource
information has been an integral
part of Mercer's business for
more than 40 years. Professionals depend
on this data for making
critical compensation program and benefits
plan
decisions.
-------------------------------------------------
http://www.ihrim.org/index.asp
International
Association for Human Resource Information
Management
(IHRIM)
http://www.ihrim.org/prod_svcs/index.asp
Online
Buyers Guide Subject
Index
-------------------------------------------------
http://www.staffingtoday.net/aboutasa/index.html
American
Staffing
Association
-------------------------------------------------
http://www.napeo.org/
National
Association of Professional Employer
Organizations
-------------------------------------------------
http://www.hrba.org/
Human
Resources Benchmarking
Association
-------------------------------------------------
http://www.benchmarkingnetwork.com/
The
Benchmarking Network,
Inc.
-------------------------------------------------
http://www.bnet.com/index.aspx?ucid=21
BNET.com:
Business White Papers � Human
Resources
-------------------------------------------------
http://www.tcm.com/trdev/t2.html
T&D
/ HR Links
Non-commercial training / HR-related internet
resources collected
since 1995. Many of these resources
have been suggested by veteran
online HR professionals from
TRDEV-L, HRNET and other
online
communities.
-------------------------------------------------
http://www.hr.com/HRcom/index.cfm
HR.com
At
HR.com, we are committed to helping you make smart HR
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fast. We provide you with easy access to the
information, resources,
products and services you need to
successfully manage the people side
of business. And, membership
at HR.com is FREE.
http://www.hr.com/HRcom/index.cfm/WeeklyMag
Search
Results for "outsourcing"
Your Search returned 745
results.
All Articles - 658;
Communities/Topics - 3;
Consultants/Vendors - 84;
Events - 0;
***** You have
to register to access the resources offered on
this
website.
-------------------------------------------------
http://www.human-resources.org/Default.htm
Human
Resources Learning Center
Welcome to one of the industry's most
comprehensive sites on human
resource management and development.
This site provides the latest
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benchmarking, best practices, new tools
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