Shared Services

In the context of the human resources (HR) function refers to the consolidation and centralization of HR activities and services within an organization. It involves creating a dedicated HR department or team that serves multiple business units or departments within the organization. The main goal of implementing shared services in HR is to streamline and standardize HR processes, improve efficiency, and enhance service delivery to employees. By centralizing HR activities, organizations can eliminate duplication of efforts, reduce costs, and ensure consistent application of HR policies and practices across the organization.