The BIG Shift- How Recruitment Process has changed in the last Decade!

Thanks to the innovation served by technology over the years- the process of professional manpower recruitment has changed drastically, as it promises to evolve continuously with respect to both time and technology.

As most of the businesses are becoming competitive and growth-centric in the 21st century, there has been a reasonable shift in the traditional approach of hiring. Today, manpower recruitment is nothing but a multi-faceted approach to discover and develop a qualified applicant. For businesses, it is more like a challenge of staying at the top most spot of the game and at the same time, knowing the art of maintaining and cultivating a resource.
As technology is driving the change in the recruitment industry, some new channels have helped businesses and applicants in making the best use of the present day situation. Have a look at some channels:

1. Job Portal Websites:
Today internet is not all about information and entertainment as it has also opened many employment doors through various job portal websites. With the help of such websites, both organizations and applicants can find the desired opportunities. Matching skill set, listing capacities, sending resumes and getting hired is fairly convenient and cost-effective with such websites.
2. Social network channels:
A fantastic avenue for job seekers, social network sites bring millions of people virtually together and close. The potential reach of channels like Facebook, Twitter, LinkedIn, Google+, etc. is beneficial for both employers and job seekers. Business networking sites like LinkedIn features strong connections through thousands of companies distributed over 130 disciplines.
3. The Paid method- Craigslist
Craigslist is the online version of paid classified ads. Nowadays, many organizations hire new talents with the help of these paid ads that allows the employers to post their respective job openings on the site. This form of paid method is recommended for all the major types of employment i.e. full-time, part-time or contractual.
4. Virtual Interviews:
Thanks to some online messengers like Skype and Viber- the process of conducting remote interviews (that is an essential part of hiring) is easy now. Shrinking the importance of face to face interviews, the online solution has brought ease and comfort to the process.
5. The Best-in-AllSolution- Manpower Outsourcing:
A solution that has taken the process of recruitment to the storm is manpower outsourcing. Since most of the companies prefer to focus on their core business functions, outsourcing the essential process of hiring to some third party professional agencies is a reliable solution. A recruitment agency might use all the channels as mentioned above or even go to the extent of customizing more authentic solutions. It is everything that you need for finding the right talent for your organization.

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4 Sureshot Ways in Which Payroll Outsourcing Helps Small and Large Businesses

Payroll penalties and errors are the worst examples of mismanagement in  business. Nevertheless, getting correct payroll could be a troublesome task for small business owners. Since most of the payroll solutions that are available online are prepared with respect to large business organizations, they somewhere tend to ignore the idea of ‘flexible ‘scalable requirements. Thanks to the concept of payroll outsourcing- the idea of effective costing and proper functioning of HR capabilities was never so convenient before.

Still wondering how the process can help payroll management for your small-scale business? Have a look at these 4 sureshot benefits:

1. It saves your time and reduces the ‘extra’ cost:
When an organization decides to outsource the payroll process, they choose a professional firm to make the process more efficient and powerful. The decision is beneficial because it not only saves the ‘much-valued’ business time but also ensures detailed solutions at an affordable cost. You can avoid the unnecessary wastage of your staff’s time that they could otherwise utilize on core business operations.
2. The IRS Penalties and other payroll liabilities:
While handling the payroll process, there are a couple of taxes such as the federal, state, and local employment taxes that are required during the filling of payroll paperwork. If not done in a systematic manner, the business can face direct liabilities and penalties. Do you know that about 40 percent of small businesses pay penalties due of erroneous payroll filling? Yes, the report is shared by IRS! Thus, to avoid anything like this, it is better to outsource payroll for accurate filling.
3. Quality Solutions:
From direct deposit to the overall security, outsourcing payroll is all about ensuring quality in solutions. Imagine a situation where you are manning payroll internally. You might have analyzed the undue importance of offering direct deposit- a situation where you can completely avoid visiting banks!Some outsourcing firms ensure similar benefits of filling payroll (even though the process invites a tiresome paperwork and legwork) with ease comfort and security. Counter the risk of identity theft, embezzlement of funds, mishandling of company’s crucial tax records, and so on with the help of a professional payroll service.
4. The ease of expertise:
When you can simply get quality results with the aid of a professional payroll service, then what is the point of being a jack of all trades? Share your business load with a professional payroll outsourcing firm, file your tax with all the required details, avoid the hassle of calculating payroll manually and go hand in hand with the fresh dose of technology- this is all that the payroll management of your small-scale business needs.

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5 Flawless Benefits of Opting for Recruitment Process Outsourcing (RPO)

In an era where specialization is the quickest key to success, are you still stuck amidst the doubts of handling all the core and non-core activities of your business singlehandedly?

As a proactive hiring process,Recruitment Process Outsourcing (RPO) is still underrated by some of the industries. But the fact that it is brilliantly emerging as one of the most distinctive ways for recruiting candidates is true to acknowledge. It is a straightforward practice of recruiting the right talent for your organization through a streamlined recruitment process. Still wondering what are the most potent benefits of picking RPO for your business? Have a look at these 5 benefits to find the answer:

1. A cost effective solution:

It is baseless to spend much of your time, cost and resources for the purpose of new hiring when you can simply choose RPO as a practice. The in-house recruitment processes in which most of the organizations rely are less handy and up-to-date in the terms of technology. The turnover rates are also high. In comparison to this, RPO can effectively streamline the hiring process at an affordable cost, least amount of time and through quality hiring.

2. It helps seasonal recruitments:

So whether you are looking for a long-time or part-time employee, RPO can help you in the most abstract manner. RPO assist the 360 degree needs of hiring- from fulltime workers to seasonal employees, strictly on the basis of a company’s diverse hiring requirements. The recruitment capabilities of RPO are scalable and multidimensional.

3. It is all about ‘Quality’ hiring:

It is all about the merits of specialization! Same as a Goldsmith, who inherits the talent of churning gold into beautiful Jewellery, professional hiring firms qualifies the test of evaluating a candidate on the basis of several quality standards. It is the experience that they hold in hiring that matters the most. They have that ‘eye’ to observe a candidate beyond certain pre-defined standards.

4. Multidimensional approach:

The process of hiring an employee is not a one-dimensional procedure. Scrutinizing candidates, scheduling writing test, conducting one-on-one rounds, following up with the candidates, and so on- the process has multiple entities. RPO serves as a one-stop solution center for diverse hiring needs.

5. Better employee satisfaction:

When a company outsources the entire recruitment process, it invites transparency and competency in hiring policies. It lowers the much-speculated burden of hiring from the in-house hiring manager and ensures the fine merits of employee satisfaction. No favoritism, no assumptions and absolute clarity- RPO is everything that the company’s constructive ambiance demands.

What is better than sharing the load of hiring with a credible brand and investing the much-valued time in some core business activities? Think about it!

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7 Things that You Could Expect From a Management Consulting Firm

To understand how a business works with all the strategies, structure, administration and operations, you first need to know the role of management consultancy and its benefits. The most basic aim of management consulting is to help a business with steady performance and growth. It is an ideology applied to discover and solve problems that often becomes constraints in the process of business success. So not just in the private sector, the implementation of management consultation is also viable in the field of public undertaking. 

All that you need to know about the role of management consultancy in a business!

In a broader sense, consultancy firms cover the widest business gamut of HR, marketing, IT and finance departments. For a qualified professional dealing with this industry, it is mandatory to understand that management consultation involves the wider aspects of client handling, listening, planning strategic workflow, analyzing business requirements, building a constructive team, interacting with to employers and employees and being flexible yet creative in solutions. In simplest possible words, management consulting firms are the advisory bodies that guide a business to escalate performance by enriching business-related knowledge. Let’s discover the 7 best things that you can expect from a management consulting body. 

1. The idea of profit making is mutual between a consulting firm and business. Since most of the concentration is in making the business successful, choosing a consulting firm should be a vital part of your process. 

2. While recruitment and consultation are an integral part of management consulting services, the indirect purpose is to enhance the production efficiency. 

3. In order to promote success and growth, consulting firms also plan to implement strategies that decrease unwanted waste. 

4. The ‘alien’ perspective that a consulting service brings in a business is a wonder idea for identifying effective solutions. 

5. The size of a consulting firm might vary from small, middle to large. The aspect is highly beneficial for the wide variety of businesses (startups or large industrial firms). 

6. The work balance that is attained by the management of core and non-core business functions is the best benefit of using consulting services. 

7. In a time when competition governs the industrial sector in the most unanimous way, it is necessary for a business to achieve success by implementing the merits of innovation. Be different and unique with the help of a consulting firm. 

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Strategic Development- Knowing the Art of Balancing Core and Non-Core Business

Suppose you are an IT organization dealing with software development. So in this case, the discovery of innovation is your domain. While you spend hours in delivering new solutions and products, the major chunk of your work and professionals are involved in the core process. Being a part of the core business is so important. But then wait! Does it mean that you can easily ignore the non-core business? Is this a part of your work reality?

No- it is not! The difference that makes a business successful or a failure is highly dependent on the attitude adopted by the business towards its core and non-core functioning. For that matter, a successful business will never commit the mistake of underrating thenon-core business activities. They would rather strive for a fine balance between both the managerial functions. So what is that you need to know about the non-core business activities? Let’s first define the phenomena.

Non-core Business Activities:

The non-core business activities or assets of an organization are those assets that are not essential or have no direct influence on the business operations. Generally, companies outsource their non-core functions to some third party outsourcing firms who manage the task of handling diverse secondary functions for the organization. This means a company can strictly focus on the core functions, while at the same time; they can outsource the less important (yet purposeful) non-core activities to a third party interface.

·        Strategic Development- The Art of Balance

The best way to balance both the business activities is by creating a strategic plan. First and foremost, introduce your business to a trusted outsourcing firm. Ask them to create a working strategic plan for you. By outsourcing your non-core business functions, you are exploring the fine merits of both generic and competitive business strategies.

·        Defining the activities and roles

As a business, it becomes your responsibility to evaluate activities on the basis of their importance. Clearly distinguish activities under the broad categories of core and non-core specifications. The outcome has to be on the basis of value, profit statement and day-to-day routine. It is indeed the responsibility of a business to know the difference between company’s strategic growth and internal capacity. While strategic growth is simply evaluated on the basis of competitive advantage, internal capacity is assessed by the internal strength of the organization for conducting a task. Now this is the framework that can directly help your business in understanding the difference between core and non-core business functions.

The balance between both the activities lies in the art of decision making and taking. Be the driving force to bring this valid difference to business practice. 

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7 Qualities that makes a Person Highly Professional and Employable

What makes a person employable? Is it everything about the technical skills and knowledge or does it also covers the superior call for active participation and performance in work?

Knowing the art of ‘being employable’ is not all about the technical proficiency and knowledge. Sometimes, professional qualification is just a broader part of the actual skill-set required in being employable. According to several surveys and studies, the below-given 7 qualities are quite crucial in the course of an employee’s professional life. As said, these are the qualities that inculcate the real sense of professionalism in a person.

1   Being communication friendly: The ability to communicate the thoughts and ideas clearly is simply phenomenal. As an employee, it becomes necessary for a person to have that essential confidence in speech and written form of communication.

       The ability to work in a team: Working with a professional team is more like running a relay marathon- it is not an individualistic sprint where you have to run alone to win the show. As a relay marathon, each and every employee is an important part. Thus, the capabilityof working with a team is a dominant trait of employability.

3  The instinct to learn and grow: A passive learner is certainly the most dangerous fragment of a team. Being employable is all about learning and embracing innovation. Take initiative in improving your commercial awareness and understanding of new technology.

4  Having a positive frame of mind: The identification of new opportunities and assessment of challenges in work is only possible if the mind is on the right track. Human performance is highly dependent on the amount of motivation they get in work.

5  The call for self-management and discipline: Being a part of a professional workplace is all about self-management and discipline. There is probably no organization in the world that would ever welcome an employee having passive discipline and least self-control incapacities.

   Organized yet flexible: Now this is the promise that some of the Best Executive Placement Companies make for recruiting talents in an organization. While every company wants a disciplined and organized employee, some of them also look for employees having flexible working and learning abilities. Being adaptable is also the part of the process.

7  The ability to counter negativity: No matter how much efforts a company puts in to control negativity within the office, still it is not possible to completely eliminate the negativity. In such a situation, it is the responsibility of an employee to have the ability to deal with anything negative and undesirable. Learning from the failure is what makes a professional ‘employable’.

The idea of integrity, the capacity to counter stress, being sensitivity to a certain limits, having boundless creativity, and knowing the difference between competition and compassion in work is what makes a person highly employable and desirable. 

These 4 Basic Roles and Responsibilities of a Consulting Firm sum up everything about the Consultation Industry

Every successful business is a product of a working strategy and thanks to some management consulting giants for providing the right set of experts and strategies to this functional need in India. So whether it is a celebrity trying to rebuild his/her broken public image or a government organization looking for an outside resource, the role of consultants is crucial in either way. Bringing the right amount of knowledge and expertise to practice, such firmsare functionally structured within the 4 founding roles and responsibilities.

The Foundational Brick- Honesty and Integrity:

The honesty in the relationship that is shared between a consulting firm and clientele organization must be pure. It is this purity that sustains a working relationship for years, making it long term and cordial. Just like honesty, the need for transparency and seamless communication is a must for the mutual interest of both the organizations. Understanding the ethical construction of every industry, while maintaining the equilibrium with honest means, is the foremost responsibility of a consulting firm.

The Focus- Keeping Client in Priority:

Once the official pact between the clientele organization and consulting firm is signed, the clientele organization becomes the foremost priority as the work practice followed many leading management consulting firms in India. There has to be a fine sense of dedication and mission that focuses on the successful completion of client’s work. Nothing is above or beyond this simple fact! Being a consulting firm is all about putting the best foot front with all the well-defined set of abilities and resources.

The Call for Clarity in Actions- Assessing Objectives:

It is the clarity of thoughts that brings the clarity in actions! Thus, with the use of expertise and skills, a consulting firm looks at each and every client from an individualistic perspective. There has to be an impartial analysis and assessment of objectives. For instance, if a consulting firm is offering services to a business, they must analyze the revenue and productivity models. It will not only give clarity to their thoughts but would also help them to draft strong objectives.

The Making of Success- Framing the Plan of Action

Soon after gaining clarity about the thoughts, a consulting firm proceeds with the framing of a final plan of action. How the clientele organization will proceed in the competitive marketplace, how they will launch their product, what will be the hiring policies, how would the HR department tackle management solutions and so on- everything has to be streamlined by The consulting firm. The identification of the problem and the professing credible solution is the prime responsibility of such credible management consulting firms in India.