Outsourcing has been defined as work done for a company by the people other than the companies full-time employees.Manpower outsourcing is a normal procedure followed
by several MNC companies. Manpower outsourcing is a routine,it helps the companies to find the skilled candidate, to achieve the company requirements.The selection
procedure done by the company itself take too much time to select a perfect one.Manpower outsourcing helps to simplify the procedure of selecting the perfect skilled
candidate.Through this way most of the companies consume their time.
Each outsourcing agencies has a talented and well experienced staff.They analyze the client requirement effectively. Similarly they judge the skill of each
candidate.Manpower outsourcing is a risky and responsible job. They have to satisfy their client’s requirements by providing talented candidates to meet their
requirements. And the same way they have to satisfy the candidates by providing better job opportunity.Nowadays, most of the MNC companies and government
organizations use manpower outsoucing.For a time oriented job, they are not interested place a new staff permanently. So they are deciding to place a new staff
temporally for that time period.
The main advantage of manpower outsourcing is reducing the employment expenses and the minimization of long term liabilities. Benefits of outsourcing:-
Low Cost: - It is the primary benefits of manpower outsourcing. In Asia, labor cost is low. You can expect about 60% cost savings if you outsource to countries like
India.
Skilled Candidates:- Finding skilled candidate is the biggest challenge faced by the companies. In this situation outsourcing agencies mainly helps the organizations.
Most of the companies waste more time and expenses for selecting the candidates.Then the outsourcing helps to find the skilled candidate effectively and the companies
directly use the candidate to achieve their goals.
Productivity and efficiency:- It improve the efficiency of business..Outsourcing companies have well expertise staff and they helps to developing business process.
Customer Services:- Outsourcing helps to providing a better, effective customer services.
Other benefit of manpower outsourcing is Time zone differences, Core competencies, distribution of risk and better management of customers and candidates. Manpower
outsourcing activities provide a quick accessing of new skills and fresh ideas.Many of the companies handle their functionalities slowly and expensively. Outsourcing
agencies provide accuracy, fast responses and efficiency.
Outsourcing trends in India
More companies looking to rationalize employees on their payroll. Manpower outsourcing is slowly becoming a new buzz in india. Recent survey “Outsourcing in the Asia-
Pacific “conducted by a global Outsourcing firm, the survey shows that many companies in this region are either unfamiliar with the process and procedure of
outsourcing. In India the most common process outsourced are related to training, payroll processing, surveys, and benchmark studies.Today every organization is aiming
at the achieving productivity by enhancing return on investments and achieving the economies of scales.Indian agencies offering the services: providing contractual
employees and project based recruitments.Experts say the basic reasons hampering the growth of outsourcing in India are confidentiality and the cost factors. Experts
also believe that in present time outsourcing is undergoing a transition phase.
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