The bedrock of success of a business is the people who utilize their skills and invest their hard work into building products that can sell. By and large, companies have been relying solely on their internal human resource departments. These departments further employ the traditional techniques to search for and hire people, with their limited or well-placed resources.
Now, all the science lies in the last few words – limited or well-placed resources. Large enterprises enjoy the luxury of having an HR department that consists of multiple layers. Every important task is delegated to multiple parties and each party has the necessary resources to carry out its share of the job.
Challenges faced by large companies
However, large enterprises also face the challenge of having to deal with a huge number of job applicants, and it becomes extremely difficult to ensure that they filter out the ones who may not be suited best for the job, irrespective of how their resumes might look. Also, they suitable candidates might get lost in the crowd.
Challenges faced by small companies
With smaller businesses, the challenge is always faced due to the lack of resources available. So they rely too heavily on the online platforms where filtering I good candidates is a tough job. Also, the best candidates would want to work for big companies, so attracting them is another challenge, since you will have to offer some hefty pay checks for them to choose you over the big fishes.
Taking the Challenges Head On with Outsourcing
Manpower outsourcing has seen a growing popularity among businesses of all sizes, and it comes as no surprise considering the array of benefits which we are just going to take a look at.
For starters, outsourcing the responsibility of hiring staff takes away a lot of load off your shoulders. As discussed, the entire process of scouting and hiring employees is a long winded one, and calls for investing a lot of man hours and monetary resources. Outsourcing lets you make savings on both the aspects and by a reasonable degree.
When a business based elsewhere takes up the responsibility of getting your resources hired for you as per a tight contract between the two businesses, it is their own infrastructure and monetary investments that go into finding and hiring people. And even after you are provided with the human resource that fits your needs, you continue to avail services because the people coming through the third party business is on their payroll, but working for you. So all the labour that goes into managing the internal human resource and handling their payrolls is transferred to someone else, who is equally responsible and perhaps more competent; definitely with more resources at hand.
So when you have to summarize it, you avail different kinds of benefits, which largely relate to huge cost savings and cutting off of the complicated processes, helping you to focus your company’s energies on the more core operations and not worrying about the end of month payrolls to be rolled out.
Manpower outsourcing is not a new phenomenon, but it still is in its early stages, considering the percentage of businesses that have adopted it. With the suite of benefits it provides, we can only expect the curve to keep swinging upwards.