BP’s HR outsourcing success: can it work for you?: How to decide if HR will help or hinder your firm Available to Purchase

In December 1999 BP gave away $600 million and responsibility for its global human resources administration and management. The seven‐year contract, with then startup firm Exult, is the biggest HR outsourcing deal on record, and some would say it is a sign of the times. HR is a constantly growing area, which has to be constantly aware of the changing business world which relies more heavily on freelancers, advancements in technology and new specialist skills. As a result, companies of all sizes are now considering HR outsourcing as a viable option, and it is a big business.