Building Human Resources Outsourcing Decision-making Model Based On Cost-benefit Analysis

It’s necessary for the enterprises to win the talent advantage, especially high-end talentdue to the down-regulation of the economy, which is expected to increase the likelihood ofcorporate layoffs and the increasingly intense competition in the21st century. As for humanresources management, this is paradox of the special needs of a higher demand. Humanresources management needs to provide the enterprise strategic management more support tohelp enterprises establish core competitiveness. In addition, the aggravation of Chinese agingpopulation weaken the advantage of personnel, which make the increase in labor costsinevitable. In the context of the times, to make enterprises maintain the impetus, the humanresources department needs to continue to hunt the talented people and improve themanagement system in order to save costs, which requires liberation from the tedious clericalwork. Human resources outsourcing has become the general trend of the drive.Considering a growing number of companies choose the outsourcing of human resourcesat the same time, we can not ignore the human resources outsourcing is not a panacea, and notall corporate human resources outsourcing can achieve the desired results. There are manyreasons of its failure or ineffective. One important reason is that the decision-making model isimperfect decision-making model is the lack of effective cost and benefit analysis in decisionmaking.After researching lots of information, taking a combination of qualitative andquantitative research methods, as well as applying the combination of cost and benefitanalysis method, the paper summarized the previous human resources outsourcing, aggregate,and put forward their point of view, trying to establish a cost-benefit analysis as the core ofhuman resource outsourcing decisions. It was proved to be an effective method by analyzingthe effectiveness and cost and introducing an example.Contrasting with the existing domestic research, this paper mainly reached the followingresults:First, enrich the study. Add a more comprehensive analysis and interpretation of thestudy of the cost of risk, as well as explicit and implicit cost-effective human resourcesoutsourcing.Second, confirm the dynamic nature of the funds. Considering the time value of money,the costs and benefits of the static analysis was introduced into the dynamic cycle of funds. Third, the risk is analyzed from different points. Risk including danger and opportunity,was researched as component of the costs and benefits, not just individual risk assessment.Fourth, the decision-making model is further rationalization.Considering the modelincludes the time value of money and the risk of cost-effective decision-making, It reducedthe possibility of outsourcing failure caused from the uncomprehensive cost-benefit analysis.In addition, there are inadequacies in the empirical and implicit benefits measurement.