Why NMIMSPL is a preferred Workforce Outsourcing Partner?
Why NMIMSPL is a Preferred Organization for Workforce Outsourcing?
More than 70% of our clients have been doing business with NMIMSPL for 7+ years and of all the clients, 30% clients are associated with NMIMSPL for more than 10 years. There are many reasons why outsourcing workforce to NMIMSPL makes sense for our clients than hiring in-house. The top of the mind reasons cited by our clients is that their Key Manpower needs to pay more attention to the core business growth and reduce the cost of hiring new and skilled / semi-skilled manpower. Quoted below are the some of the top reasons why NMIMSPL is a preferred organization for workforce outsourcing:
1. Outsourcing Staffing is Cost-effective:
More than 70% of our clients have been doing business with NMIMSPL for 7+ years and of all the clients, 30% clients are associated with NMIMSPL for more than 10 years. There are many reasons why outsourcing workforce to NMIMSPL makes sense for our clients than hiring in-house. The top of the mind reasons cited by our clients is that their Key Manpower needs to pay more attention to the core business growth and reduce the cost of hiring new and skilled / semi-skilled manpower. Quoted below are the some of the top reasons why NMIMSPL is a preferred organization for workforce outsourcing.
2. Outsourcing Gives a Competitive Advantage to our Clients:
NMIMSPL possesses years of experience and expertise in finding right candidates at right pay scales; qualities that even some top HRs from top companies don’t possess. Many of the small scale startups and organizations may not have the same resources as mid-sized companies or conglomerates. In other words, such organizations are at a disadvantageous position as compared to bigger players, especially in the hiring semi-skilled & skilled workforce. But when the clients outsource staffing, they’re on a level playing field.
3. Flexibility and scalability:
Some jobs can be seasonal or project-based, meaning employers must adjust their workforce to meet changing demands quickly. Using a staffing agency will allow employers to ramp up or scale back their workforce as needed quickly.
4. Outsourcing Can Diminish High Employee Turnover:
When an organization has a high employee turnover rate, it leads to an interruption in productivity, inferior customer service, and very low engagement from employees. The HR team cannot be blamed for unable to keep pace with high attrition levels and higher demands for pay-scales. Rather, it has something to do with the staffing function. This is why organizations prefer to outsource their staffing process as it lead to getting better skilled & semi-skilled candidates who match the job roles. Workforce outsourcing agencies will thoroughly scrutinize the candidates to make sure they fit perfectly as per clients needs, thereby reducing high employee turnover and attrition.
5. Training and development:
Many employees may require product training and skill development as per the role they are performing in the client organization. NMIMSPL proactively identifies such needs and outsourced employees receive the necessary product training and skills development to perform their daily tasks effectively when on the job.
6. Ensuring Right Pay & Benefits, Government Compliance and Employee Insurance:
NMIMSPL assesses & determines the correct pay as per state-wise minimum wages, benefits for the outsourced workforce. This can include hourly rates, overtime pay, vacation pay, and other statutory benefits like PT, PF, ESIC, Medical Insurance, LWF et al. NMIMSPL ensures that the monthly payouts and benefits are competitive and fair as per industry standards. Some jobs involve working with heavy machinery, hazardous materials, or potentially dangerous environments. NMIMSPL is completely aware of all safety and compliance requirements and can provide workforce who are adequately trained and equipped to work safely and are appropriately covered by a right-sized medical insurance.
7. Service Excellence:
As a committed workforce provider NMIMSPL ensures that the candidates they recruit for its clients are proved worthwhile in the long run. NMIMSPL regularly follows up with the client management team and HR to check & verify, if the candidates are meeting the desired performance criteria. Just like NMIMSPL Program Mangers, Project Managers, Supervisors & Managers team, that consists of more than 30+ dedicated managers, who regularly touch base with its clients to assess performance of the outsourced employees.
Conclusion
With NMIMSPL as a workforce outsourcing partner, client organizations know that is an most effective way for them t streamline and manage their short term and long term manpower requirements. However, to ensure success, organizations carefully consider the specific job requirements, turnover rates, flexibility and scalability, cultural fit, communication, training anddevelopment, background checks, pay and benefits, and safety and compliance requirements. By taking these key considerations into account, Client organizations have built a strong relationship with NMIMSPL as their outsourcing partner and maintain a steady & reliable workforce, and ultimately achieve their business goals.
