Manpower outsourcing has been pursued since industrial growth. As businesses that are indulged in various industrial functions have risen rapidly in India, they have resorted to only one strategy to fulfill their labour needs, manpower outsourcing.
The practice of companies recruiting their own workers through internal hiring is diminishing. This is because appointing an internal workforce can increase recruitment costs with investments in hiring resources and technology and also labour costs as companies may have to pay these workers more through salaries and compensation and also offer them financial benefits.
Nowadays, manpower outsourcing companies in India are expanding their wings. These companies have taken hold of every possible industrial domain across the country to supply efficient manpower for specific industrial functions. As industrial functions tend to get more complex and sophisticated, businesses are increasingly relying on manpower outsourcing companies to supply them with skilled and quality labour who can handle such complexities effortlessly.
The strategy of manpower outsourcing proves beneficial for businesses as by assigning this vital responsibility to manpower providers, businesses can be devoid of the tension and financial stress of bulk hiring. When a business assigns its labour requirements to a manpower outsourcing company, the company can utilise its HR expertise and technology to bulk hire a skilled and quality workforce for the particular industrial domain in which the business functions. This will thus help the business enhance its productivity with a quality workforce along with reducing operational costs.
Here, we will discuss in detail the exact approaches of manpower outsourcing companies in India that enable them to reduce the costs of operations for businesses.
The rise of the Indian manpower outsourcing industry is staggering! It has been predicted that the market will witness an enormous growth of USD 253.39 within the next four years. It’s because manpower providers in India are helping businesses reduce their operational expenses considerably. In this part, we will be analysing the methods manpower outsourcing firms usually follow for this purpose.
Utilise the Cheap Labour of India
It is a fact that labour comes at a cheaper rate in India when compared to developed countries. And not just cheap, the labour force available in India is highly skilled, educated and has expertise in various domains. India produces around 25 lakh graduates yearly. Although this figure is not huge, still it is sufficient to prove that there is an abundance of skilled labour in the country.
So, there is enough space for manpower outsourcing companies in India to grab hold of cheap and skilled labour and supply them to industries at lower costs. This greatly reduces the labour costs of businesses.
Reduction in Overhead Expenses
When businesses deploy the duty of bulk hiring labour to manpower outsourcing companies, then these companies tend to leverage their own resources and technology for quality hiring. Businesses can save huge overhead expenses, such as the costs of maintaining internal HR teams and technological investments, that they would have otherwise incurred while hiring suitable workers for their specific functions.
Support the Gig Culture
As flexibility takes over the work culture, so does the industrial manpower resort to it as well. Nowadays, industries are on the lookout for skilled workers who can be active in flexible shifts to ensure consistent productivity 24*7. This will give them a productive boost and allow them to have a competitive advantage.
Thus, the gig culture of hiring skilled contract labour for short-term periods arises. These freelance workers can be deployed across specific industrial functions for short-term periods as per the requirement only. This allows businesses to save massive operational costs which they would have incurred by deploying permanent labour. And from whom do you think businesses in India seek help to obtain such gig manpower? Manpower outsourcing companies, of course!
Provide Additional Onboarding and Training Programs
Onboarding programs are essential for workers to integrate with their new work culture, or else they may tend to feel left out. Moreover, adequate on-the-job training programs are equally important to educate newly hired workers on specific industrial tasks they have to perform as well as operating complex industrial machinery. After hiring, businesses usually experience recurring expenditures regarding the same.
Manpower outsourcing firms in India can also provide additional onboarding programs as well as functional training programs for new employees. This in turn helps businesses save expenditures related to employee onboarding and training.
As there is an abundance of manpower outsourcing companies in India, we will suggest some tips to choose the best one for your growing business. Once you have chosen any particular manpower outsourcing company for your business’ labour needs, then evaluate it as follows.
As a growing business, if you desire to cut down your operational costs, then consider outsourcing your labour requirements to a reliable and efficient manpower outsourcing company having a Pan-India presence, like Kutumbh HRCare! Focussing on client-centricity, the service provider will strictly adhere to your specific manpower requirements and will supply you with quality and sufficient manpower to suit your sophisticated industrial functions.
Kutumbh HRCare offers quality services across various industrial domains such as manufacturing, logistics and retail. It utilises expert HR resources and advanced technology to track the required talent pools and screen, evaluate and bulk hire quality workers from them. Its service package comprising permanent and temporary bulk hiring, contract staffing, employee onboarding and training solutions is highly cost-saving, making it an ideal option for small-scale and medium-scale businesses.
Kutumbh HRCare is a manpower solution enterprise serving fortune 500 Clients.
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