A Study On Human Resource Management Outsourcing Decision-making In Manufacturing Small And Medium-sized Enterprises

With the further development of economic globalization,the market has entered into a phase full of intense and specialized competition.Enterprises have to focus on their core business,while sourcing out non-core business to others who can do it cheaper,faster and better.Now,human resource management outsourcing has become a pervasive business practice used in a number of enterprises.For the large number of manufacturing small and medium-sized enterprises in our country,due to the limitation of internal resources,the capacity of human resource management cannot fulfill the need of development.Outsourcing has become a good choice for manufacturing small and medium-sized enterprises to deal with the human resource management functions due to the economic and strategic benefits.Thus,human resource management outsourcing decision-making has become scientifically important for manufacturing small and medium-sized enterprises.In this thesis,we study on the human resource management outsourcing decision-making in manufacturing small and medium-sized enterprises.First,after theory study,we analyze the demand for human resource management outsourcing of manufacturing small and medium-sized enterprises from the perspective of the long tail theory and survey.Then,build an index system for human resource management outsourcing.After that,apply grey target decision method based on prospect theory and combination weighting approach to decide which human resource management activity should be outsourced in priority sequence.This paper provides a feasible approach for manufacturing small and medium-sized enterprises operators to make the human resource management outsourcing decision.