by Prompt Personnel | Sep 15, 2022 | Human Resources
The in-house Human Resources chief is responsible for many crucial functions in your workforce. These HR professionals are tasked with researching, hiring, training, and assessing the performance of the employees in your firm. Your in-house HR team also ensures your company’s compliance, such as labour and employment laws. They also oversee the payroll, and not only this, if you have unionized employees or HR is the liaison point between the company and the union. Then, they have to overlook all the activities taking place. Thus, the conclusion is HR plays a crucial role in your company’s success.
Why Do You Need Outsourced HR Services?
Companies not wanting to outsource HR responsibilities would try to distribute tasks to other employees for instance allocating payroll responsibilities to finance heads and holding the chief heads responsible for all employment problems within their departments. This effectively tackles certain interpersonal issues but on a long-term basis, it is unhealthy for the organisation’s growth. The HR outsourcing companies come into the picture here. They function on the contract between the company and the service provider. The company can decide which HR services they want the service provider to handle. This works best for start-ups or growing companies that have lower budgets. The HR company will also be responsible for releasing all W-2s to worksite employees.
The real question is how to identify if you need HR Outsourcing services. Here are five critical signs that show…
Here Are Five Critical Signs That Show It Is Time To Outsource Your HR Services
1. Too Much Valuable Time Spent Managing HR Problems
As a business owner, there is no getting away from the fact that you have to take on responsibility for many things other than just the products or services for which you had started the business in the first place. The HR issues can be very time consuming and take away focus from revenue-generating activities. The more you spend time learning about employment laws or searching for that job designation you need urgently, the more you will start to get distracted from other mainstream responsibilities that you will have to take care of single-handedly.
2. You Are Tensed About Or Have Experienced Liability Exposure
A skilful HR professional understands recruiting rules and regulations, EEOC requirements, recruiting, collective bargaining agreements, and training. Apart from all this, they have a time limit to find the right candidate to fill the vacant position. An HR manager can gauge where a business owner would most probably face liabilities in hiring as they also overlook payrolls.
3. Saving Money Is Vital
Outsourcing has the potential to offer savings in many different ways. When you start outsourcing HR, you tend to gain the expertise of someone you do have to train or offer any benefits. You get access to the HR organisation’s expert services that you might not be equipped with.
4. You Face Accountability Issues For HR Responsibilities
Allocating HR duties among your own employees means keeping a track of all the tasks being assigned and creating accountability issues. An employee who is facing a problem might not know where they should be reporting a problem; managers might be unsure if they are forwarding along the correct information, and some of the HR tasks will also get lost during the shuffle as the tasks will be coming from different departments which may cause major problems.
5. You Are Unable To Respond To Changes As Quickly As You Need To
As your business is growing tremendously, you will need more employees to fill in the requirements as quickly as possible, and you will have to find and hire suitable candidates. By having HR outsourcing services, you may have many other resources at your disposal for researching and employing the individuals you may need faster than before. You might give an advantage to your competitors if your overworked HR manager is suddenly having new hiring tasks on top of everything else. Hence, outsourcing HR is the best option for your business to run smoothly, flexibly, and responsive to new opportunities.
With your business growing and the increasing need for new employees, outsourcing HR can help you with all the HR functions to run your business smoothly and effectively. If you would like to outsource HR while remaining the sole employer of your staff, then partner with Prompt Personnel. Prompt Personnel is one of the best HR outsourcing companies in Mumbai that helps businesses focus more on the core and profits of the business activities. With Prompt, you can get the expertise of HR, Labour Law, and Compliance services under one roof.
by Prompt Personnel | Sep 10, 2022 | Human Resources
The pandemic made it very uncertain for both employers and employees to make long-term plans. Moreover, the immediate changes, accommodations, etc created chaos and confusion. Companies struggled to re-organize downsize their teams, and retain top talent. Now hiring and retaining old employees has highly evolved post-pandemic. The employees working in the same role through the pandemic are considering, and looking for diverse roles due to the growing economy. The demand is stronger than the supply making HRs find newer ways to hire talent. However, creating a new hiring model for long-term staffing needs could get tedious initially. Organizations must determine the best model for meeting long-term staffing needs in their organization. Here, we have made easy the challenges for the best recruiting ‘Contract-to-hire’ or ‘Direct Permanent Placement,’ for recruiting employees.
Advantages of Contract-to-Hire:
Quick Hiring
Due to many market opportunities, candidates are switching jobs more rapidly than ever before. As this is a candidate-driven market, candidates are selective and make decisions quickly. Hence, if you come across a good candidate, take the chance and hire them immediately with limited risk.
Limit Your Risk
While you make a quick hiring decision, there are a few tips for you to limit your risk. While hiring a new candidate through contract staffing services can be very expensive, the contract-to-hire model allows you to pay for the number of hours the candidate works. This covers the payroll pressure and unemployment cost.
Evaluate The Candidate or The Employer
Contract companies in India provide contract-based candidates which allow the employer to evaluate the candidate’s skills during the contract period and ensure that he/she is a great fit. Similarly, the candidate has the same opportunity to evaluate his/her skills and the employer, to ensure it is the right fit for her/his career. Thus, making it a win-win for all.
While these tips can make your hiring woes easier, look at the benefits of direct permeant placements.
Four Advantages of Direct Permanent Placement:
Full-Time Employment
Recruiting a candidate permanently from the start shows that you are investing in the candidate, allowing them to indulge in your full suite of benefits and PTO immediately.
Low Back-Office Work For You
When you opt for direct permanent placements, you don’t have to approve the timecards weekly. The documentation that is to be done for a direct permanent staff is a one-time process. Permanent staff does not have to be re-evaluated as often as these individuals are carefully hired by the HR professionals after thorough checking of their background and qualifications.
Test The Agency
When you hire directly, it allows you to determine if the hiring agency can attract and retains good talent for your requirements. It enables you to assess if they can support your company in other positions.
Candidates Are Inclined To Direct Placement
Most candidates prefer to be full-time employees right out of the gate to show that you are willing to invest in their career long-term, so retention is higher.
If your company is looking for hiring requirements or contract staffing services, then Prompt Personnel is here for you. Prompt is a dynamic and one of the best contract staffing companies in Mumbai. It offers creative HR solutions and tackles all HR-related issues. This helps business companies to focus on core business leading them to success. We offer temporary staffing services, permanent staffing services, and labour law advisory and compliance making us a one-stop shop for HR services. We constantly push to build authentic relationships with all our associates for their greater success and growth
by Prompt Personnel | Aug 27, 2022 | Human Resources
Be it a student or a young careerist, they both have a sheer passion to become or achieve something. What drives their career passion forward are temporary staffing agencies. A key role of the temporary staffing service is to provide strategic and expert advice and source talent to organizations across diverse industries. If you’re on the lookout for a new full-time job but feel the need for flexibility of temporary staffing or you’re a fresh graduate hunting ways for gaining experience, a temporary job might be just perfect for you. The temp staffing companies in India invite resumes from candidates, forwards them to recruiters and schedule interviews with potential organizations. Temporary work can also provide supplemental benefits including transitioning to a new industry, building your network of contacts for future and immediate needs and learning new skills.
Networking as a temporary staff
Broadening your network of contacts can lead to supplemental opportunities, either externally through a more extensive group of contacts or internally at the allocated company. Assembling a fair impression on the company with your reliability, skills, capabilities, and knowledge can lead to a widening of job opportunities that might not otherwise be known. The massive experience gathered by temp staffing companies in India across industries helps candidates with a platform to materialize long-lasting affinities with a spectrum of like-minded individuals, industry leaders, and experts of leading companies and corporates to grow one’s business and also notch lucrative careers possibilities that are trending in the employment market.
Feasible Availability
It takes about six weeks to find an appropriate job, on average. The job search might take even longer counting on the company’s hiring practices, location, number of applicants, experience, and the type of job. and. A temporary job can support and provide persisting income to help fill in the time voids in your resume while skimming for work. In contemporary, when job switching has become a more typical phenomenon, temporary staffing agencies act as a bridge to decode career gaps.
The transition from temp to perm
As per a survey, over one-third, (35%) of employees that went to work on a temporary basis were offered permanent employment by the company. There’s always an innovative way to prove your value to an organization, no matter what profession you’re in. When the time comes for your employment review, you need to collect lots of strong evidence that you’re a valuable and golden asset to the team. Candidates can optimistically approach temporary staffing services to fulfil their employment needs.
Gaining industry experience and exposure
A candidate accepting a temporary job can gain exposure to a new business, experience diverse cultures and determine which facets of the following employment are most influential. A temp job can allow you to explore a job function, department, or a whole new industry. Many temporary staffing agencies like prompt personnel specialize in a certain field or industry. Temporary employment advantages not only to those curious about making a modification, but can also facilitate those who want to persist with their existing career pathway.
Temp staffing agencies are passionate organizations that utilize technological intelligence to help recast the potential of candidates into organizational performance for the advancement of the companies. Temporary employees have more flexibility. In some cases, they are exposed to discretion to expand upon their network, skill set, and chosen field than a perm employee.
by Prompt Personnel | Aug 21, 2022 | Human Resources
Being a recruiter is exciting but it can be challenging at the same time. Your goal as a recruiter is to find the best applicants for a position by streamlining the hiring process but what happens when you hit a stumbling block and realise that you cannot find employees who have the right qualifications for the job you want to fill? It may signal that the process you rely on needs an upgrade.
The workforce is a very fluid environment that keeps changing due to technological advances and new roles being developed on a frequent basis. As a recruiter, you need to stay up to date on the career world changes and be ready to face any challenges that you are likely to face during the recruitment process. Staying ahead of the game and willing to make changes along the way ensures that you always find the best applicants for the job. Here are some things which Permanent Recruitment services face.
A Wide Pool of Candidates Without the Necessary Qualifications
Depending on where you are searching for potential new hires, it may seem that there are many candidates available but they don’t seem to have the qualifications you covet.
How and where you advertise the job roles you are looking to fill can have a huge impact on finding the right candidate date for the job. There are many recruiters who struggle to find qualified candidates as they do not cast a wide enough net or are not specific in what they are looking for in a candidate. When searching for candidates, make sure you provide specific details on the requirements, certifications and training needed for the job you want to fill. Then post the search on different websites, companies and locations. For e.g., if you are only searching for local applications or within your community, you are missing out on genuinely qualified applicants who are willing to move or work remotely.
Losing Candidates To Competors
In the recruiting world, connections were meaningful and business relationships took time. Though this is still true, thanks to the availability of jobs at just the click of a button, applicants interview you in the same way you interview them. In other words, you need to impress them with what you offer and be able to do so quickly.
Businesses are aware they need to have competitive job offers that include paid leave, benefits, flexibility and more. Your company must have offers for competitive salaries, flex time and room for growth.
Workers entering the job market know their worth and are not going to settle for less when there are better competitive job offers. Be willing to negotiate. Afterall, it is true that you get only what you pay for and the same is true for hiring new employees.
Providing A Good Interview Experience
As a recruiter, you are probably aware that first impressions matter. When candidates come in for an interview, as important as it is for candidates to make a good first impression, the company must make a good impression too.
You can make a good impression by showcasing unique benefits of working with your company. Afterall, the working relationship is mutual. The candidates want to know whether they will be in a supportive and collaborative work environment if they are hired.
Prompt personnel is one of the best staffing agencies in Mumbai which provides a range of end-to-end dynamic HR services. We have a team of highly experienced recruiters all over India. A comprehensive database and hi-tech automation help us to deliver the best candidates to ramp up your team in no time.
by Prompt Personnel | Aug 12, 2022 | Human Resources
Contract staffing, also known as project-based hiring, allows the organization to recruit as per their project requirement, with a thorough understanding of the legal agreement that the recruitment is based on. Contract staffing services help lay out the agreement and find the right talent for your organization. It fetches productivity, professionalism and efficiency to the project development of the association. The company and the employee are both tied in an agreement for the duration of the project. Contract staffing companies in India have made project-based hiring gain advanced significance in this dynamic corporate world. After all, it provides the flexibility to decrease or increase the potency of the team in the organization, depending on the project requirement and business of the project-based industries. Hence, whether you are looking for contract staffing or have a specific project that needs certain skills, here are four ways that having a contractual workforce will benefit your project-based business:
Monetary benefits
A full-time employee offers an immense financial commitment to any organization. Aspects like salary, perks, compensation benefits, and furniture as well as equipment requirements come into the picture when an employee is hired on a full-time basis. Whereas, contractual employees are self-employed and usually don’t come with any obligations or liabilities in comparison to a full-time employee. The organization will save money on other supplemental aspects, like office space utilization, provident fund contribution, employee benefits, etc. When contract staffing services hire staff for the project, the organization is only required to reimburse them for the duration of the project.
Saves time
The contractual employees provided by the contract staffing companies in India are typically specialists in their pertinent field of expertise. This saves plenty of the time the organization would otherwise spend interviewing candidates and accumulating the administrative documents for new recruits just to see them leave in the middle of the project. Project-based hiring is especially beneficial during an emergency project requirement when employees are working under tight deadlines. In this case, the organization will get the immediate assistance of the contract staffing services for the project to be completed. Plus, hiring employees based on contract, on expertise, gives the organization more efficient project delivery timelines.
Agile process
The hiring of contractual staffing becomes very project-intensive. The organization can create a yearly, weekly or monthly contract based on the project depth and requirement. Hence, variable staffing proves to be the most prominent benefit of project-based staffing. Contractual employees provided by contract staffing services can also replace the full-time employee who is on a sabbatical or is taking a leave. This ability enables the organization to meet its project deadlines. Therefore, a contractual workforce assists the organization to create a pipeline of successful project deliveries without hampering its overall obligations and finances.
Effective skillsets and flexibility
The experienced contractual employees hired by the leading contract staffing companies in India know their profession and job in detail and can jump into action right after they’re hired, allowing them to deliver instant results for the project. One of the outstanding benefits of project-based staffing is how it affords the contract staffing services the chance to be flexible in their hiring practices.
From saving up on time and cost and ensuring that the organization has the power to staff as per the demands of its project-based industry, to bringing in specialized talent with fresh standpoints to the table, contract staffing services will highly benefit the organization through the project-based employees. Prompt Personnel’s contractual hiring has found increasing prominence in various industries across different sectors.
by Prompt Personnel | Aug 6, 2022 | Human Resources
Statutory compliance adherence furnishes an incredible deal of security, starting from employees’ minimum wages to the company’s business existence. Every country formulates its own set of rules for institutions to follow, which will be best explained by the labour law consultancy. Statutory Compliance in HR is important, as seen from both the organization’s and employees’ perspectives. Indian Government provides employee benefit acts as health and safety, minimum wages, industrial relations, social security, women and child employment, and organization benefit acts as provident fund, trade union, professional tax, ESI, etc. Rules regarding HR compliance are allocated to specific sectors:
Industrial Relations Guide for Statutory Compliance:
The Industrial Disputes Act, 1947
The industrial disputes act- of 1947, made provisions for settling and investigating disputes between employee-employee. The objective of this act is to ‘maintain harmony and peace in work culture in any Indian Establishment.’ This Act applies to the entire nation, including establishments for distribution, business, manufacture, and trade. However, it doesn’t encircle people at the administrative or managerial level and individuals subject to the Indian Navy, Indian Air Force or Indian Army.
Women’s Benefits:
Equal Remuneration act, 1976
As the name implies, the Equal Remuneration Act encompasses a gender-based equal payment policy for industries. It assures uniform payment to the employees irrespective of women or men to avoid any sort of gender bias. It came into the picture because payment given to women was lower than that of This came into the picture when the women were paid less than men, albeit the amount of work was the same. Labour law advisors suggest that non-compliance with this Act can involve serious penalties and fines.
Maternity Benefit Act, 1961
The maternity benefit act provides women in their motherhood with certain months of paid leaves during their maternity stage to take care of the child. It implies that after maternity, she can persist in the job without any disturbance from made leaves.
Social security:
The Payment of Gratuity Act, 1972
The payment of gratuity act guarantees advantages like incentives and gratuity to the employees working in private sectors, railways, shops, mines, oilfields, factories, and ports.
The Employees’ Provident Fund & Miscellaneous Provisions (Amendment) Act, 1952
The statutory provident fund act is administered for the social security of the employee. The labour law compliance suggests that the Employees’ Provident Fund Act is accountable for and liable for any firm employing more than 20 employees. Every employee of the establishment, during his/her employment, contributes some amount of their salary to the Provident Fund.
The Employees’ State Insurance – ESI Act, 1948
Employees’ State Insurance act guarantees absolute medical security, including injuries, maternity, and sickness for employees functioning in non-seasonal factories, including management with more than 10 employees and non-power and other organizations with more than 20 employees.
Tax Deducted at Source (TDS)
TDS or Tax Deducted at Source is a certain amount of monetary charges that are deducted from the employee’s income as an account of income tax to lessen the tax evasion afterwards. Employees can file a TDS return with the help of their respective labour law consultancy for the deducted tax, which they can get refunded.
Wages:
The Payment of Wages (Amendment) Act, 2017 (No.1 of 2017)
The Payment of wages Act guarantees the income of employees at a particular time without any additional deductions other than those articulated by the government authority. Labour law compliance suggests that this does not apply to workers having Rs. 24,000 wages each month.
Minimum Wages Act, 1948
The Minimum Wages Act, of 1948 by the Indian Parliament, states that it delivers minimum salaries/wages to unskilled and skilled labourers. The Indian Constitution has defined a precise living wage that includes primary livelihood, including education, food, comfort, health, and dignity.
Statutory Compliance with rules and ordinances in payroll is a profound legal matter for both organizations and employees’ social security. The Indian Government has declared eclectic acts and regulations to process employee payments and much more. According to the labour law consultants like Prompt Personnel, every establishment is liable to follow these rules to avoid any legal consequences. Whether to obey it or not might be a corporation’s individual decision, but it can have some severe implications.
