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Outsourcing IBM

A Human Resources (HR) department is a critical component of employee’s well-being in any business, no matter how small or large. Many companies today view HR outsourcing as one of the most viable options to save money and improve services while also making a strategic contribution to the business. Reducing operating costs is often the main reason to consider HR outsourcing. More than three-fourths of executives at large North American and European companies that currently outsource one or more major HR functions said they would do so again, according to a survey released in April (Tortorici, 2002). Based on the results of the survey of executives at more than 120 companies in North America and Europe with annual revenues of at least

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