Evaluating the Potential Risks Associated With HR Outsourcing in Cross Sectional Industries – A Perspective of Employees
Dr. D Maheswara Reddy,
Dr. D Maheswara Reddy,
Assistant Professor of Management - NITHM Hyderabad
Abstract
This paper investigates the potential risks of HR outsourcing on the employee’s perceptions in the select IT companies as well as Pharmacy Companies in Hyderabad. The world of human resource management is changing more rapidly than we can imagine. Recognizing these challenges of the select industries, it has opened the space for assessing the employee’s perceptions and intentions towards outsourcing of facilities, services, and amenities to meet their job related needs. The tools applied in the study are; SRT, t test, ANOVA. This paper also suggests certain possible solution to the above said problem where the employees resist to outsourcing.
Findings: There is a significant impact on organizational performance as well as on performance management system. HR outsourcing could not carry any potential risks with respect to concentrating more strategic performance, development planning and improved quality services of employee between IT and Pharmacy industries.
Key words: Cronbach’s Alpha, employee’s perceptions, employee’s morale, core competencies employee productivity, potential risks, outsourcing.
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