Yes.

Shenzhen Huihe Development Co., Ltd. has a cooperative relationship with China Merchants Bank. Huihe provides employees to China Merchants Bank and its subordinate units, and is specifically responsible for sending non-staff employees to China Merchants Bank, such as lobby service specialists, marketing manager assistants, etc., and credit card collection work; China Merchants Bank provides profits to Huihe, which is mutually beneficial and win-win. This is outsourcing business. Shenzhen Huihe Development Co., Ltd. was established on December 11, 1992, and is headquartered in Nanshan District, Shenzhen City. China Merchants Bank was established on March 31, 1987 and is headquartered in Futian District, Shenzhen.

What is outsourcing?

To put it simply, outsourcing means that large companies outsource some non-core businesses to relevant institutions, and the relevant institutions arrange employees to go to the large company to complete the corresponding work. It is a phenomenon that allows professionals to do professional things to improve office efficiency, core competitiveness and corporate development speed. Naturally, outsourced positions are outsourced positions in our broad sense, and the personnel arranged by the organization are outsourced employees.

Why do companies have outsourcing positions?

One of the important reasons why outsourcing has become a trend is that it can reduce labor costs. For example, a company is very anxious to start a short-term project. There are two options:

1. The company HR recruits team members according to the process. The recruitment time is unknown, the team composition is unknown, and whether it can be started is unknown. Salaries and benefits are based on market prices;

2. Directly find an outsourcing team with relevant experience that is lower than the market price. They can get started quickly and the price is clear. You can decide to retain or fire them after the project is completed.

It can not only save labor costs, but also improve work efficiency. Choosing outsourcing will naturally be more cost-effective.

What is the difference between outsourced employees and regular employees?

Contract subject:

Regular employees sign a contract directly with the employment company;

Outsourced employees sign a contract with a third-party outsourcing company. Labor relations, Social Security Provident Fund, etc. are affiliated to third-party outsourcing companies.

Salary and benefits:

Formal employees enjoy the company’s salary and benefits, various subsidies, stock options, etc.;

The wages of outsourced employees are paid by third-party outsourcing companies , generally lower than employees of the same level in the employer company, and do not enjoy the benefits and subsidies of the employer company.

Job stability:

Formal employees sign fixed-term enterprise contracts with their employers. Their jobs are relatively stable, and they will receive corresponding compensation for layoffs and other actions during the period;

The service period of outsourced employees for the employer is unstable and relatively short. Project progress and employer satisfaction can affect the length of service for the same employer.

Career development:

The career development path of formal employees in the company is very clear, and there will be corresponding rewards if they have performance or have long service time;

Outsourced employees do Most of them are non-core basic positions with limited room for advancement.