Factors to be considered while making outsourcing decision
Outsourcing in Human Resource has become an active trend in recent times. Any decision is considered as a valuable one if it minimizes the cost, increases the quality and fulfills the strategic objectives of the organization. Therefore, a company would outsource if it projects that potential cost associated to the general functions of that particular department would decrease then it is feasible for the company to outsource. The fundamental factor that affects outsource decision is cost. It is evident that it becomes hard for small and medium size companies to achieve ...