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The global market size for Human Resource Outsourcing ( HRO ) had an estimated value of $ 3 2 . 8 billion in 2 0

The global market size for Human Resource Outsourcing (HRO) had an estimated value of $32.8 billion in 2020 and is projected to reach $45.8 billion by 2027. This trend is expected to grow stronger as HR outsourcing remains to be one of the most cost-effective and fastest ways for businesses to scale and thrive(PR Newswire, 2022) Critically discuss the rationale for HR outsourcing, as well as its risks and limitations. Provide examples to exemplify your answer.

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