Activity-Based Costing: Assesses the costs associated with certain aspects of company operation.
Barriers to Outsourcing: Often baseless fears within the company that act as obstacles to outsourcing human resources.
Business Process Outsourcing (BPO): Analyzing business processes and then working with business providers to regenerate and outsource them.
Commercialization: A positive byproduct of outsourcing; when a company generates equity value from its internal operations.
Dismissal: The process of removing employees from their employment.
Empowerment (Enablement): Empowering people with more responsibility and control in their given field.
E-sourcing: HR outsourcing service providers with a web interface.
Gainsharing: Contract obliging client and service provider to share the financial profit generated by their cooperation.
Make Versus Buy: Dilemma often faced by customer when contemplating on "making" or performing a certain activity in-house or "buying" the service.
Outsourcing: External contractors undertake work originally performed in-house.
Performance-Based Pricing: Compensation is linked to specific performance or outcome.
Scope of Services: Agreement summing up the services provided by the HR outsourcing party.
Service Level Agreement: Defines the intended or expected level of service.
Service Provider: The third party that provides outsourcing services for a company.
Value Proposition: An estimation of the value an organization is expected to gain from outsourcing certain services.
The form was easy to fill out and took only a few minutes. It was easy for me to find the service I needed, and I quickly heard from a couple of helpful companies.