Outsourcing is an arrangement in which one company provides services for another company that could also be or usually have been provided in-house. Outsourcing is a trend that is becoming more common in information technology and other industries for services that have usually been regarded as intrinsic to managing a business. In some cases, the entire information management of a company is outsourced, including planning and business analysis as well as the installation, management, and servicing of the network and workstations. Outsourcing can range from the large contract in which a whole service is outsourced for a major multi-national company or it can be the practice of hiring contractors and temporary office workers on an individual basis for medium and small companies.
At ROC Human Resources we work closely with the client to improve the recruitment efficiencies of quality of hire, speed of delivery and cost containment. The end-to-end recruitment process for many companies encompasses more than just the sourcing and on boarding of resources. It consists of three key elements designed to build and sustain a robust talent pool. These are workforce planning, talent acquisition and engagement and ongoing talent management.
Why use Outsourcing?
The continued economic insecurity is fuelling the upward trend in outsourced model and this seems to be particularly true for recruitment function and human resource outsourcing.
Many companies, forced to slash overhead and generate more revenue from their primary products or services, now have a better understanding of what functions are core to their success and which are context.
Payroll processing is common, for example, because it is a common and necessary function across all companies. No matter how well payroll is processed, it gives the company no competitive advantage. Similarly, hiring top-performers is core, but the process to find, recruit and manage the function is context. Companies use the same methods, job boards, applicant tracking systems and people. Outsourcing the Sourcing represents a departure from these traditional options, at Roc Human Resources we pride ourselves in ensuring we comprehensively partner your organisation to ensure seem less function.
Outsourcing of the generalist functions, including payroll, benefits administration and employee relations, has considerable momentum today. The recruitment function, however, is now taking the lead.
Outsourcing the sourcing is a growing practice and defined as a specialized service that allows clients to outsource some or all of the recruitment function. In the Outsourcing the Sourcing function the provider leverages the combination of strategy, technology, resources and vendor management to improve the recruitment process. Operating as the client’s internal recruitment function and strategic partner.
At ROC Human Resources we work closely with the client to improve the recruitment efficiencies of quality of hire, speed of delivery and cost containment. The end-to-end recruitment process for many companies encompasses more than just the sourcing and on boarding of resources. It consists of three key elements designed to build and sustain a robust talent pool. These are workforce planning, talent acquisition and engagement and ongoing talent management.
Why Outsourcing the Sourcing?
Organisations outsource recruitment and hiring practices for many different reasons. According to a recent Survey, three business priorities, they are:
“Executing business strategy”, “reducing operating costs” and “recruiting, retaining and developing a great workforce”. All of these have shaped the needs and triggers for the adoption of Outsourced Sourcing Model
Key Benefits of ROC Human Resources’ Outsourced Sourcing Model Any evaluation of whether to outsource must begin with a clear understanding of the intended benefits and how the features of an outsourcing company will generate the benefit. This is important to ensure the benefits can be monitored and managed.
To maximise the overall value of outsourcing, the cause and effect logic must constantly be applied. At ROC Human Resources we provide the following features:
Access to a wider talent
One of the key drivers for outsourcing the recruitment process is to improve access to talent. An outsourcing provider should be able to demonstrate the ability to attract a larger pool of quality candidates for an organisation over their internal recruitment team. At ROC Human Resources we have a comprehensive range of attraction channels which reach a wide pool of talent. This is due to the frequency we undertake talent acquisition for multiple clients and build comprehensive databases of active and passive candidates.
Continued innovation and increased expertise
Organisations looking to outsource their sourcing function often look for a provider to help them enhance their employment brand and value proposition as well as offer innovative talent acquisition and mobility strategies.
The demographics of the general workforce are complex and a major impact to hiring top talent. There are currently different distinct generations working together making up a workforce that have a wide range of ideas and motivations. In addition, workforce demographics are constantly changing which can significantly impact talent acquisition and management success. Many organisations look to their sourcing providers to assist them in navigating this confusing and ever changing landscape by utilising their market insight and strategic recommendations to help them stay ahead of the curve.