Human Resource (HR) Outsourcing
? What is HR Outsourcing?
HR Outsourcing is an increasingly common solution preferred by companies with a relatively simplified or small presence in Singapore. The HR function of a company is partially or fully outsourced to an external service provider. These HR service providers may be a professional accounting or consulting firm.
Both parties will negotiate and agree on the required services as part of the service agreement. The service provider will then take on the role of an HR and provide necessary services to the company. Engaging a professional firm will directly fulfill most of your HR management needs.
Depending on the HR services individual firm offers, HR Outsourcing can encompass a wide range of HR responsibilities and tasks. This may range from providing basic HR support to existing employees (HR Helpdesk) to HR operations (HR letters, contracts, P-file, and Data management, etc.).
!! How does HR Outsourcing Value-add to your Business?
Maintaining an HR function could be time-consuming and may incur additional outlay. Companies with a small office presence in Singapore may not achieve the economies of scale to engage an in-house HR employees. HR outsourcing is an excellent choice that balances cost, scalability, and expertise for these companies.
Service providers and consulting firms that offer HR Outsourcing services work with many clients. They have more experience in HR practices and resources. For new companies, assistance from an experienced team is definitely a strategic solutions. Setting up systems and protocols can be daunting, especially if the headquarters is overseas.
Most outsourcing firms provide a comprehensive list of services covering many aspects of HR duties. These may range from specific tasks such as Performance management, HR health checks, and recruitment administration. Their industry exposure and capabilities allow them to offer a wide range of services. There is definitely a solution that can meet your requirements.
How can OakTree Partner you in your journey?
Tailored Solutions
HR Outsourcing is a tailored service. Every client is unique, so are their requirements. Hence, we offer customized solutions to suit companies at different stages or industries. Have the autonomy to select the areas to outsource and streamline your business with us.
Experience
Are you unsure about the best practices for performance management, or do you need some guidance for HR file management? Certain fields of HR may well require a degree of experience and industry best practices to ensure smooth and compliant HR operations. Tap on our expertise and experience to ensure that your business is efficient and compliant.
Dedication
There are many instances where your employees need help from the HR department. If you are concerned about contactability (HR Helpdesk), we will ease your worry. Once an in-house HR, we understand the need to support the employees, especially during urgent times. Engage us now! We assure the dedication to serve your employees is absolutely satisfactory!
HR Outsourcing Services
HR Essentials
✔ HRIS & P-file Data Management
✔ HR Letters and essential templates
✔ HR Support and Help Desk
✔ Performance review, Increment Letter and Bonus Letter (Once Annually)
HR Supplements
✔ Annual Performance Processing & Administration
✔ Benefits & Welfare Administration
✔ Employee Climate Survey / HR Health Review
✔ HR Policies, Procedures & Handbook
✔ Insurance Administration and Support
✔ On/Off Boarding Administration
✔ Recruitment Administration
✔ Retirement and Re-employment Administration
✔ Statutory compliance Surveys and Questionnaire
✔ Training and Development Administration
