Shared, Services, HR, solution
[HROA Essentials] Shared services: An in-house HR solution
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Shared Services is commonly defined as the standardization of common administrative functions and transactional processes within an organization, and the use of Shared Service Centers (SSCs) for HR management administration and transaction management has seen a dramatic increase in recent years. Many major corporations have consolidated HR back-office functions into lower-cost domestic or offshore SSCs, and recently the US Office of Personnel Management announced the launch of a major initiative to open Shared Service Centers to support the HR functions of government agencies. The concept has tremendous appeal to organizations these days for several reasons such as:
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