To have the manpower lined up as soon as possible will allow the budding startups to be operational quickly. It could really be a boring job to recruit and put the talent to work on a bigger level when you have wide and diverse territories to tend to. Being directly involved in bringing the employees on board will place you in the slow track and unnecessarily hinder the development. Syft (London Office) – London Staffing Agency has some nice tips on this. In similar lines, it turns out to be tiresome to manage the workforce on such a huge level even for an existing company with concrete development.
Human resources to a staffing agency might genuinely strike as a good idea in the given outsourcing scenario. These organisations also have a large pool of professional & qualified applicants from diverse fields and locations. In addition, a hiring firm may also handle, scan & pick the new hires on boarding & payroll. Such a method works a blessing for the time-specified ventures, serving as a combination for the employer & workers.
The notion of global village is taking shape and the exercise of outsourcing of workers is being implemented globally. The fascinating aspect is that outsourcing works to a big, mid-level or small business alike, saving time, and effort on the operating costs.
The global staffing industry is estimated at over $400 billion, and employing millions around the globe. India is emerging as a key player in outsourcing talent and in efficiency. The size of India’s Versatile Employee Industry in 2011 was estimated at 1.3 million or about 3 per cent of formal sector employment. It grew to 1.7 million in size in 2013 and constituted 3.4 per cent of the formal sector force. The Versatile workforce in India is predominantly young, as the foreign experience has been that 79 percent of the employees belong to the 21-30 year age group. The growth pattern over the recent past suggests that more than 10 per cent of Indian formal sector jobs by 2025 could be accounted for by the staffing industry. This development can be achieved in large part by introducing the other types of temporary employment in the formal sector into the temporary staffing fold.