The IT outsourcing recruitment market size amounting to 413.7$ billion is a reflection of the changi

Staff Augmentation the new wave

Statista report shows that by the end of 2021 the IT outsourcing recruitment market size increased and stood at 413.7 billion (source). These numbers are a reflection of the changing company culture concerning the workforce. IT companies after the pandemic have relied on outside staff to accomplish their goals. This has increased the staff augmentation market size which has resulted in decreasing the costs involved in the hiring process. Augmenting your staffing needs can help you to gain flexibility and also expand your team quickly by getting the right talent within a short time. The talent may work from a remote location which can be another country. External staff can fill in short-term or long-term positions. Staff augmentation is a new wave not only in the IT sector but the other industries, given the high employee turnover rates.

Is Staff Augmentation an effective HR solution to hiring issues?

Staff augmentation is mainly an HR strategy utilized to meet the changing needs and demands of the environment. Hiring can be an extremely strenuous and expensive process that may not reap the positive results expected. Hiring a new person can be more expensive than retaining an old employee. However, in cases where you need to expand your team and bring in new and unique skills staff augmentation is a valuable HR solution that can help to avoid costs, and commitments and also use specialized services to fulfill business needs.

5 Business Benefits of Staff Augmentation

1. No Legal Obligations – Considering staff augmentation can reduce your legal headache. An HR department needs to go through a large number of policies which include official documents and legal paperwork before hiring new staff. All this is already taken care of by the external staff augmentation company who will provide you with the temporary candidate.

2. The employee needs taken care of – The HR department has the responsibility of always upskilling and providing a learning opportunity to the candidates. In the case of augmenting your staff, an external company takes care of such issues. The staff is always trained according to the current skills and they provide different training exercises to increase teamwork and employee performance.

3. The Clients come first – In every customer-centric business enterprise, the client will come first. Staff augmentation is an approach by which the company can employ the right skills and capabilities that match the client’s expectations. This process increases the chances of success in relation to business projects.

4. No Boundaries – The most important benefit is that staff augmentation has no boundaries. Most of the time HR is limited by geography while hiring an employee. With the help of staff augmentation, they can hire employees from anywhere who can complete the job remotely. The IT industry requires highly advanced technological skills and staff augmentation is the best way to gain skills going beyond boundaries.

5. Cost-effective – Well there is no denying that hiring a temporary worker will be less costly than hiring somebody permanently whom you might not require in the long run. For short-term projects, augmenting staff is a great way to decrease your costs.

When organizations start to work on improving and reducing the cost of their overall operations, the need for hiring specialized manpower becomes necessary.