Manpower outsourcing has brought a new dimension to how organizations hire and get the work done in a manner most productive and growth-oriented.
Outsourcing of human resource proves to be especially great for businesses that do not have plentiful resources and or people at hand; which is to say, businesses that are either taking nascent steps or are still struggling to gain a strong foothold in their respective industry because of the lacking in manpower, quantitatively and qualitatively. Such businesses, in particular, need a concept like manpower outsourcing to elevate their business to a place that’s stable and growth driven.
To clarify the points mentioned above, let’s take a closer look at 2 of the many benefits that manpower outsourcing has to offer
When you are running HR services on your own, you are well aware of the overhead costs being incurred by you. So, whether it is having a separate office space for your HR department or providing salaries to multiple individuals, the costs associated with each aspect starts to overshoot. When you decide to have everyone on your payroll to be working in the office space set up by you, you start to realize soon the need for expansion which only leads to more cost overheads.
To be frank, the cost you are spending is not yielding the kind of output you expect, and it is a problem that the biggest of organizations are grappling with around the world.
Now, if you find a manpower outsourcing provider that comes with a solid market reputation, you can simply hand over the entire gamut of HR operations to this organization for an agreed fee. These organizations employ the very best experts who are skilled and experienced at what they do. These people have a background in working for organizations of different sizes and can handle your operations with ease and efficiency.
Infrastructure hassles and resource spending on managing payroll in-house amounts to big expenditures. Managing payroll is not only an expensive affair, but also one with countless hassles and little margin for error. It is not just the accuracy in pay slips and other accounting details, but the tax calculations have to be perfect and free of anomalies. This is the most challenging aspect of managing payroll on your own.
Outsourcing this function again provides you with the services of experts. For starters, they can save you from the tax related penalties that many organizations have to endure at the end of financial year. It gets easier to stay in compliance with employment laws and regulations.
In addition to that, by taking care of the payroll for all your employees, they free your resources up for being invested into core business functions. When a company gets another company handle its payroll by means of highly skilled professionals, it not only frees up its own resources but also stands to gain because of getting the services of experts.
As is apparent looking at the benefits mentioned, opting for human resource outsourcing is surely a smart choice. If you as a business have been facing similar challenges, it’s time to take the decision.
Founded in 2005, Easy Source is a reputed HR services provider providing high quality, result-driven services to multiple clients. Easy Source is an ISO 9001:2015 & 27001:2013 certified professionally managed young company. We have grown substantially over the years.
With almost 12 years of experience in collaborating with over 500 companies, we provide customized solutions that deliver sustainable benefits for our clients. We are proud that about 60% of our engagements come from repeat clients or referrals. Our range of work has covered clients in various stages of the business life-cycle, from start-ups to large established institutions and we are able to tailor our services to their differing needs. Our clients have ranged from Indian companies to multinationals to public sector institutions, across a broad range of industries Servicing multiple industry sectors like retail, healthcare, telecom Project, and engineering, manufacturing, process industries, Agriculture, Education, Oil ,Gas & Energy , Infrastructure Railways, Services among others within India.