What kind of human resource (HR) model allows for certain administrative tasks to be performed by third party

 

What kind of human resource (HR) model allows for certain administrative tasks to be performed by third party

Outsourced benefits administration

HR service sharing

Insourced benefits administration

HR benefits accounting

 

The correct answer is "Outsourced benefits administration."

 

Outsourcing is a human resource (HR) model that involves hiring a third-party company to handle certain administrative tasks, including benefits administration, payroll processing, and recruitment. Outsourcing benefits administration can help organizations reduce costs and improve the efficiency of their HR operations. In this model, the third-party company is responsible for managing employee benefits, including health insurance, retirement plans, and other employee benefits. The organization retains overall control of the benefits program, but the third-party provider takes care of day-to-day administration.