Both of these will feed in to the firm's HR and support its position in the value chain. However, HR Consulting will look at enhancing the core functions of firm's HR and HR Services will replace the transactional nature of the firm's HR.
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Some of the areas of HR that are in the process of being outsourced are Recruitment, Payroll processing, Training, Benefits Management, etc. These areas are seen as transactional in nature and firms are able to derive cost benefits by outsourcing these activities to companies that are able to leverage economies of scale and domain expertise to provide superior value and cost benefit to the parent firm...
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