Scenario 1.5: HRM Challenges-Outsourcing
Over the past decade CIBC,BMO and RBC financial groups have outsourced some of their human resource services.Recently RBC has brought back several of their HR-related services in-house.
-Please refer to Scenario 1.5.What HR services would these financial institutions outsource?
A)general
B)specialized
C)administrative
D)strategic

Question

Quizplus · Accepted Answer

The financial institutions would likely outsource administrative HR services such as payroll processing, benefits administration, and other routine tasks. Strategic HR services, such as talent management and organizational development, would be retained in-house to ensure alignment with the company's overall goals and culture. Specialized services may also be outsourced, depending on the specific expertise needed.