Outsourcing HR: How to Save Operational Costs

Outsourcing-HR-How-to-Save-Operational-Costs

An HR outsourcer seeks to build successful relations between companies and employees by hiring the right fit.

Human resources are a basic feature of any organization. As an organization is made of people, the success of the organization is directly proportional to the success of its employees. The fast growth of a business necessitates a more structured and managed organization. But how do you ensure that the people you hire are the best in the market?

HR Outsourcing

Enterprises expect HR outsourcing organizations to bring in experience, systems, processes, and technology. The complex HR functions comprise of specialty areas such as talent acquisition, talent engagement, performance management, and compensation. Businesses cannot treat all these functions in a uniform manner. Â But as enterprises focus on their core processes, hiring can be delegated to a third party. This will ensure that the business heads can completely focus on their goals while an HR outsourcer selects the hires best suited to the business. Human resource management does not struggle in this way.

Large, mid, and small enterprises are all turning to this trend. A sample of the spread of HR outsourcing is TeamLease, one of India’s largest and foremost people supply chain and HR services company. They have a national footprint of 75,000 deputed employees across more than 800 locations. Engaging with more than 1,400 corporate clients and working across industry verticals, TeamLease caters to the requirements of leading names in BFSI, FMCG and Consumer Durables, Retail, Telecom, IT, BPO and ITES, Automobiles, Services, Manufacturing, Engineering, and several other sectors. And this is just a small percentage of the vast market.

How Do You Make HR Outsourcing a Success?

In spite of differing requirements for each discipline, businesses—especially HR processes—comprise of a complex set of interwoven processes. Without IT, integrating them all and harnessing the desired results is not possible. The need is of an advanced software solution that is capable of automating business operations from the very core. Communication processes involve inbound and outbound interactions between the following entities:

  • Existing employee base as well as leased out staff

  • Clients  who outsource their staffing processes

  • HR consultants

  • Direct candidates

The Solution

On the IT aspect, HR outsourcers need flexibility to add and operate different business applications as per their needs of their clients. Automation of inbound and outbound communication processes and integrating them with the underlying databases will help increase productivity. The ultimate goal for this is to provide the perfect base to scale up processes with the expanding business.

Automation saves tremendous time, effort, and costs besides getting quicker and better results. A robust software solution services the needs of the specialized services domain in HR outsourcing. The solution will help streamline the business operations and fulfill the need of innovative technology tools to ensure business growth.