Find out what HR functions can be outsourced and the benefits that HR outsourcing can offer your enterprise.
Whatever be your business’s human resource requirements, there is a HR outsourcing firm that can meet your needs. While some HR outsourcing firms are generalists and offer a wide array of services, there are others who are specialist and focus on specific HR areas, like recruiting or payroll. Based on the size of your business and how much control you want to exercise over your HR functions, you can choose to outsource all your HR functions or only a chosen few.
Is your HR team currently debating on whether to employ new in-house staff or outsource staff augmentation to an external service provider? When weighing the options, do consider the cost and the time involved. If your company is experiencing fluctuating workloads, staff augmentation can help you reduce expenses, increase your growth and help you focus on product strategy and setting up a solid client base.
Today, you can choose from a varied range of IT staffing services. Whether your project needs professionals with expertise in software, networking or communication technologies, all you have to do is state your need and get access to experienced IT professionals at one-third of your current recruiting cost. The benefits of staff segmentation don’t end here. Outsourcing can help you minimize your risks and help you accelerate the staffing process, thereby ensuring better quality.
Top 7 Benefits of Staff Augmentation – The advantages are more than in-house staffing
Enjoy greater flexibility by availing the skills of a virtual IT team, who can be easily hired, minus any administrative overheads
Ramp-up projects as and when required by picking out any number of skilled IT professionals who are trained to perform the work that you require
Wave goodbye to long-term commitments, by only hiring IT resources based on project requirements or domain expertise
Make humongous cost savings by eradicating the costs involved with infrastructure, human resources, relocation or recruitment
Get your projects completed ahead of the deadline and optimize your results by leveraging the skills of dedicated and experienced IT resources
With weekly/daily work reports and progress sheets, managing your offshore IT team will be easy and transparent
No matter the place of your business (UK, US, Europe or Australia), you can avail any type of staff augmentation services from India
As a small business owner, you might think that outsourcing HR services has benefits only for large companies. You may be under the perception that outsourcing can only help large enterprises by streamlining their business functions and helping them reduce cost. This however is not entirely true. In today’s economy, even small businesses can benefit from outsourcing human resource services to a skilled outsourcing service provider.
Here are the top four advantages that your small business can leverage by outsourcing HR functions:
1. Shift your focus towards business productivity: Do you spend a countless number of hours on managing routine administrative tasks? With HR out of your hands, you can shift your focus towards the revenue generating activities of your business. This way, you can enjoy a better ROI (Return on Investment).
2. Enjoy an enterprise class solution: By outsourcing your HR functions, you can enjoy several enterprise class benefits. This can help you minimize your costs and successfully compete with other small and large business rivals. Continue reading →
Like any other market of today, the HR outsourcing market too has its own set of worries. While the supply side has too many service providers, with some even running loss-making HR contacts, the demand side has a large number of companies urgently looking for more efficient and cost-effective HR services. However, outsourcing experts have predicted that 2014 will be the year during which the demand for transactional HR processes will increase and more HR contracts will be signed.
Does your company wish to outsource HR services to India? If yes, then read up on the top five benefits that HR outsourcing can bring to your company:
1. Minimize HR costs
Outsourcing HR can help you successfully reduce and manage the cost of HR. Your organization can achieve over 20% of savings by employing self-utilising tools, standardizing HR processes and outsourcing. When your HR cost base is tightly controlled and efficiently managed, you can make better decisions about the relative allocation of resources. Outsourcing HR can prove to be extremely beneficial, if your company is making acquisitions, mergers or undergoing rapid changes in employee numbers. 2. Avoid making major investments in HR technology
By outsourcing HR to India, your company can steer clear of making expensive investments that are required in today’s HR technology. Instead of investing on that multi-million dollar HR software upgrade, you can invest your money into your firm’s core business activities. Some HRO service providers even offer their own HR platform, along with latest upgrades and services, thereby making it easy and cost-efficient for companies who outsource. 3. Come up with a winning HR strategy
Outsourcing HR processes can help you realign your HR and focus more on a HR strategy that supports your core business. Outsourcing can help you increase the proportion of the HR cost allocated to strategic HR and thereby reduce the proportion allocation to HR administration. With all your non-strategic HR processes outsourced, you will be able to respond quickly and effectively to the changes that take place within your organization.
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