Updated: Mar 1, 2021
Human Resources (HR) management is a critical function for most any business. HR departments are responsible for a wide range of tasks, including benefits management, staff training, payroll functions, compliance awareness, and more. However, in today’s highly complex corporate world, not every company has the resources and capacity to manage the entirety of HR functions themselves. Given this, more and more businesses now work with third-party Human Resources outsourcing firms to ensure that these tasks are handled efficiently and cost-effectively.
In Human Resources outsourcing, your company reaches a contractual agreement with a third-party provider under which you transfer the management of specific HR functions to that provider. HR outsourcing is commonly utilized by companies that:
Are currently spending such a large amount of time spent on HR tasks that it is negatively impacting their core business functions
Lack the resources to hire and manage an entire in-house HR staff
Want to minimize their exposure to lawsuits and liability
Are seeking a specific expertise that a third-party HR outsourcing firm can bring
An HR outsourcing provider can help your company to benefit from a variety of services and save money in the process. In addition, these providers often have access to powerful technologies that can bring significant value to your organization.
Corporate Training as an Outsourced Human Resources Function
Corporate training is an important function for any organization looking to remain viable in today’s competitive environment. Corporate training and employee development tend to be structured programs designed to update employee knowledge and skills to keep pace with changing work and marketplace environments. The corporate training function often falls under the responsibility of the Human Resources department and can include such things as:
New hire orientation and onboarding
Employee skills development
Sales and customer service training
Workplace culture and diversity
While some companies struggle to determine the return-on-investment (ROI) they can expect from the implementation of a corporate training program, those organizations that do offer training can expect to see higher revenue on a per employee basis, along with an improved overall bottom line. In addition, companies that offer corporate training tend to experience lower employee turnover rates and happier workers.
Given all of this, many companies now seek corporate training as part of a Human Resources engagement package.
eLearning for Corporate Training and Human Resources Outsourcing Engagements
eLearning refers to the use of electronic technologies (the Internet, primarily) to implement all types of learning programs, including corporate training. eLearning eliminates many of the high costs associated with traditional, classroom-based training, such as travel, venue and on-site instructor fees, catering, and the printing and distribution of training materials. In addition, eLearning eliminates the lost productivity costs of pulling employees away from their job roles for training sessions as it allows them to conduct their training activities at any time and from any place that is convenient for them.
The core technology that supports eLearning is a Learning Management System, or “LMS”. An LMS is the application that is used to build, deliver, manage, and track eLearning-based corporate training programs. While some companies choose to implement an LMS on their own servers (self-hosted) they tend to be large organizations that have the resources (both financial and labor) to deploy and manage the system on their own. It is more common today for companies to access LMS features and capacity over the Internet using third-party providers. Not only does this approach eliminate the costs associated with implementing and hosting your own LMS, but it allows you to get up-and-running quickly with eLearning-based corporate training.
Multi-Tenant LMS Technology for Human Resources Outsourcing Companies
A relatively recent development in LMS technology is in the availability of multi-tenant architecture. While a single tenant LMS dedicates its entire infrastructure for use by a single audience, a multi-tenant LMS allows you to “spin up” multiple instances of the application to support different training audiences. This architecture is well-suited for Human Resources outsourcing organizations as it allows them to launch a private, customized environment (portal) for each of your corporate clients.
LMS Portals for Human Resources Outsourcing Providers
LMS Portals provides our Human Resources outsourcing partners with a cloud-based, multi-tenant learning management system that allows you to launch and manage private eLearning portals on-demand. Each portal you launch can be dedicated to a specific corporate client training engagement and includes robust tools for branding, user onboarding, learner collaboration, analytics, and more.