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In this tutorial, Jeff Morin, president of HR O+, discusses how HR outsourcing can enhance business profits and value. The process begins with an HR evaluation during the discovery phase, where current strengths and weaknesses are assessed, identifying improvement opportunities and immediate threats. A strategic HR proposition report is then prepared, including a cost savings analysis and implementation roadmap for achieving higher profits. Morin compares HR outsourcing to hiring accountants or attorneys, highlighting that most small to medium-sized businesses outsource these services as needed due to cost efficiency, making HR outsourcing a similar, sensible choice.
