The study conducted by The Society of Human Resources Management (SHRM) provided conclusive evidence of how outsourcing human resources personnel and various HR functions could cut average company costs on HR spending and free them from other legal risks.
The retention of human resources for long time and then giving training to them is the only issue which is very costly and time consuming. More specifically, good training programs leads to improve the capability of employees and thus increasing the confidence in employees. Employees who are sure of themselves work faster, commit fewer errors and produce more output.
Thus we can say that the existence of a human resources department is vital to overall productivity and efficiency of the strong work force in any thriving company. In most professional organizations, the role of the human resources department is not sidelined. In fact, good human resources can be one of the most valued and respected departments in an organization, their job is people and people are the company's most important asset.
1. Dissatisfaction with salary or benefits - Salary dissatisfaction can be predicted using company maintained information commonly to salary administrators. ...