The
global economy is fast changing and newer technologies are taking over thus
making hiring and recruiting the right candidates is a difficult task. The
newer economic conditions include fast changing business condition, high
unemployment, skills shortage and global competition. Finding and hiring from
the right talent pool requires Human Resource managers to keep up with new
recruiting technology and social media, also helps in developing a good rapport
with the candidates and asking the right questions. Hiring managers are able to
cover all these areas with the help of HR recruiting outsourcing companies.
With
the need to focus on core business operations rather than jobs that can be
outsourced to improve efficiency, outsourcing tasks such as payroll, hiring,
customer service, creative design and other recruiting tasks will put the reins
in the hands of experts that will sift through the best talent pool, to acquire
the right candidates within the criteria set by the company. These are just a
few reasons why companies outsource. Other reasons that companies outsource
include the smooth running of the recruiting process, increase retainment of employees
and reducing the high turnover rate and coordinating recruiting and on
boarding.
What is outsourcing?
Outsourcing
is a process wherein, one company shifts or delegates certain process within
the company to external service providers, done with the intention of lowering
costs, getting better quality and increasing their competitive edge. When a
company shifts or delegates business processes to firms in foreign countries,
it is referred to as offshore outsourcing.
How do these outsourcing processes help companies?
Here are the benefits:
•
Rapid Growth: helps to combat seasonal spikes and reduces pressure
on in house staff.
•
Simplify your operations: too much energy is spent in dealing with personnel and
employment management issues. Instead, the same time can be spent on increasing
business.
•
Increasing
productivity: if attention is
divided doing non–core business activities it affects business and reduces
productivity.
•
Accuracy and speed: increases the speed and accuracy in disbursing
payrolls and finding the right candidate.
•
Identifying and recruiting candidates: as per you criteria and requirement and the job
profile also finding candidates for casual or seasonal employment.
•
Help maintain employee volume: helps the business to cope
up with spikes/sudden increasing hiring volume as well as helping them reduce
team sizes during lean periods.
•
Increased savings: outsourcing helps with reducing hiring and recruiting costs.
•
Decision making: helps you acquire better reports and results to aid
in better decision making.
•
Best
practices: helping you get the
best knowledge and understanding for benchmarking your operations and making
laws and guidelines for best practices.
•
Mitigate
risks: helps you adhere to compliance,
liabilities and risks pertaining to employees and the business.
An
HR outsourcing company and Recruitment process outsourcing (RPO) aids in
recruitment by screening potential employees, navigating regulations and law
pertaining to the government and other activities as directed by the company. Thus,
with the help of HR outsourcing and RPO’s, companies have access to the best
candidates and other business services.
