Top 5 advantages of outsourced staffing

If the question is about a choice between having an in-house hiring team or working with an outsourced staffing partner, the answer is a pretty straightforward one. Choose to work with an outsourced staffing partner. Of course, choose the right partner.

Here are the top five reasons you must choose to work with an outsourced staffing partner.

Prioritize more important stuff

Recruitment is integral to an organization’s growth and performance. Yet, with the number of quality staffing firms available in industry today, this function can be outsourced seamlessly. A trustworthy and reliable partner can take care of end-to-end management of the recruitment process. This can allow your HR function to focus on core activities: Some of these are related to training, learning and development. Some others concern appraisals, rewards and recognition. And, importantly, the HR leadership can actively participate in developing and executing the organization’s growth strategy. Also, the back office teams in HR can be smaller. This means the entire HR function will have fewer and more talented people. This will make it a very agile function.

Improve the quality of talent acquisition

Specialized staffing firms are dedicating to helping their clients hire right. This includes identifying and recruiting the best talent available in the market for a specific role. Since their entire business is focused on spotting talent and helping their clients onboard high-quality talent, these firms have developed expertise in this area. Working with a dedicated outsourced staffing partner will most likely improve the quality of talent acquisition for your company.

Hiring right, hiring fast

Recruitment delays quietly erode a company’s profitability. Which is, when a position is left unfilled for weeks on end, the company’s operations are hit. In large companies this kind of drain on the company’s performance largely goes unnoticed for a long time. But all the while, such operational setbacks are affecting the company’s profitability. Each day that positions remain unfilled costs the company a portion of its profits. This is where an outsourced staffing firm can make a significant contribution. Most staffing firms have good databases that are running on cutting-edge software. These days this software is being powered by artificial intelligence (AI) tools as well. So matching an available candidate’s resume with a job profile happens very quickly. These firms also have smart processes to handle the preliminary reviews and background checks. So the time from identifying a candidate to the candidate being interviewed is shrunk. In most cases, these candidates match the job profiles perfectly. This means the time to recruit them and fill a position is reduced drastically. In business terms, hiring fast means cutting losses that an unfilled position may have caused.

Cost-effective

Overall recruitment costs are lower when the entire process is outsourced to a staffing firm. Most staffing firms offer competitive pricing for a range of services that include sourcing applications, interviewing, testing and background checks. What would have normally led to having several people on board to manage each of these aspects of a recruitment process, can now be outsourced at a much lesser cost to a specialist firm. This makes talent acquisition cost-effective. Additionally, some firms also take care of managing payroll, compliance issues and other administrative HR processes. Outscourcing these can further reduce costs.

Temp hiring benefits

A company need not always recruit full-time workers. Some hiring can be done for specific projects. And such hiring can be of temporary workers. Staffing firms offer a specialized service to help onboard temp works for limited tenures of time. This again saves costs, reduces inefficiencies and increases profitability. Importantly, it increases efficiency in the operations when a highly skilled temporary worker takes on mission-critical responsibilities on a key project. Temp hiring can also significantly reduce the impact of attrition. When you have quality talent in full-time roles and are staffing part-time roles with temp workers, the overall attrition rate falls. This improves your business performance and makes it look that much better.

The final word 

Recruitment has been an integral part of the HR function in organizations for a long time. Yet, it is also time that business leaders evaluated if their HR team possesses core competence in recruitment. When they realize that they don’t have this core competence, they must outsource this piece to a staffing firm. This decision will convert a potentially disadvantageous situation into a huge competitive advantage. This move will serve a big plus for any company. Also, when an expert is managing the recruitment function, the overall efficiency of the operations improves. This will bring in more growth. And also higher profits.

So outsourcing staffing needs makes sound business sense. Now more than ever before.