Manpower outsourcing management

Employees are the most valuable assets as confirmed by most business owners. Now a days, Managing human resources for any organization has become too comprehensive that it is so complex to maintain in house.  Moreover, there are several HR areas, including payroll, compliance management, staffing, recruitment and many more which needs a perfect and experienced team of professionals to handle this. But generally in some businesses, an HR generalist may be asked to perform all those tasks, which results in less optimal results.  Best Solution to this, a business can easily achieve the same efficiency level and workforce management by Joining a professional employer organization (PEO) and outsourcing HR. The benefits of outsourcing HR are:  1. COST REDUCTION 2. LOW RISK 3. EMPLOYEE DEVELOPMENT 4. INCREASE IN EFFICIENCY So basically, these are the most important benefits of Outsourcing HR functions. If you are also looking for someone who can handle all your HR task

The XEAM VENTURES Team works with 500+ National and International businesses all across India, UK, USA helping with everything from payroll to attendance to compliance management. We have created a checklist to help you easily analyze if your Payroll is statutory compliant. 1. Is my company registered for Provident Fund? The Provident Fund is a saving tool that helps employees save a part of their income. To stay compliant to the EPFO’s rules and regulations, any company that has grown to a number of 20 or more employees is required to be registered for Provident Fund. Failure to comply with EPFO’s norms, the company will be charged with heavy penalties. 2. Is my organization to adhering to Minimum Wages? Minimum Wages are fixed under the Minimum Wages Act, 1948. The minimum wage rates are determined by both the Central Government & State Government. The rates are also determined on occupation, sector, and type of employee. According to the Minimum Wage Act, the emplo

In Today's scenario, the need to have a virtual team is very much. With the competitiveness in hiring talented people, it becomes more tempting to hire people in other cities, states, and countries to join your team.  Adding employees to your team which is working remotely is a challenge for management to overlook them and check their work. There are a few simple points which can help you to manage them from different locations:- 1. Make Clarity Between The Employees: As a Manager, you need to talk to your workers and discuss the projects. Always be transparent, get them involved in all aspects of the business.  2. Company Vission: Always Share the company vision with your staff. Have Discussions and Group Meeting to achieve the vision. Discuss the challenges come across and try to resolve them.  3. Meeting or Video Calls: This is one of the most important tasks that you need to do if you want to manage your team remotely. Have a conversation or video calls with

People hate meetings that are unorganized which waste time. There might be a situation, that many times you are called into a meeting only to walk out even you don’t know about the purpose of the Meeting or Meeting Agenda. There are few points which can save your lot of time and makes your meeting efficient. 1. Purpose of Meeting: The initial thing you need to clarify is the purpose of your meeting. Why this meeting organized or What is the motive of this meeting?? After the purpose, you need to make sure that you actually need a meeting at that point. Sometimes, everybody time can be saved by simply sending an email or making a phone call or by Sending SMS. 2. Once the purpose is clarify, you need to develop an Agenda for the meeting. Meetings having a purpose then it’s obvious you will have unique agenda too. To prepare an agenda for your meeting a brief introduction should need to be provided explaining why the meeting is taking place. You must need to have a list of ite

Achieving business growth is never easy, especially for start-ups that barely have the resources to make it happen. How do you help your business grow when you’ve barely gotten a return on investment? And how can you focus on growing your business when there are just too many important matters to attend to? As business owners, we may sometimes feel that we need to dig our fingers into every detail and micromanage every single process that involves our business. What we fail to realize is that we really can’t do everything. If we truly want to make our business grow, we need to find people who can mind the smaller but equally as important tasks so we can focus on the core business functions that will lead to better chances of an ROI. One cost-efficient and effective way of doing this is through outsourcing. Here are a few reasons why you should opt to outsource, and how doing so can help boost your business growth. 1. Outsourcing Allows to Focus on Core Areas of Business 2. Outs

With the growing number of startups and businesses turning to outsource for their hiring needs. Outsourcing has benefited many startups and business over the years, especially in terms of providing reliable talent and decreasing expenses. Here is the list of good reasons which explains why people outsource. The reasons are as:- 1. Cost reduction Especially for startups and small and medium enterprises operating on a tight budget, Outsourcing reduces costs both labour and overhead. Outsourcing companies help clients find talent and hire them. 2. Flexibility One great advantage of working with outsourced workers is the flexibility that it offers. Outsourcing contracts are based on the project duration and the team size that’s required for it. 3. Speedy Hiring Process As compared to hiring full-time workers, hiring with outsourced companies is significantly much faster. Within two weeks, clients can find an Outsource team who’s ready to work with them and jump into t

Before Discussing the need for Staffing Services, I would like to explain what is staffing services and its types. Staffing is the process of hiring eligible candidates in the organization to occupy specific positions. In other words, Staffing is a process of recruiting employees by evaluating their skills, knowledge and then offering them job accordingly. Now, There are different types of Staffing : 1. Direct Hire Staffing/ Permanent Hiring Staffing 2. Temp to Hire Staffing 3. Payroll Services 1. Direct Hire Staffing/Permanent Hiring Staffing: Permanent hiring staffing is a service in which a staffing agency help you in recruitment and in hiring a full-time employee. In this, the agency handles all the hiring process and so you and your team can stay focus on other important tasks to enhance your business. 2. Temp to Hire Staffing: Temp to Hire Staffing is little different from permanent staffing. In this, an employee works for you for a trial period of time. At the en

Staffing is the process of hiring eligible candidates in the organization to occupy specific positions. In other words, Staffing is a process of recruiting employees by evaluating their skills, knowledge and then offering them job accordingly. Now, There are different types of Staffing : 1. Direct Hire Staffing/ Permanent Hiring Staffing 2. Temp to Hire Staffing 3. Payroll Services 1. Direct Hire Staffing/Permanent Hiring Staffing: Permanent hiring staffing is a service in which a staffing agency help you in recruitment and in hiring a full-time employee. In this, the agency handles all the hiring process and so you and your team can stay focus on other important tasks to enhance your business. 2. Temp to Hire Staffing: Temp to Hire Staffing is little different from permanent staffing. In this, an employee works for you for a trial period of time. At the end of the probationary period, you then decide whether or not you want to extend a full-time offer to the individu

Temporary work refers to an employment situation where the working arrangement is limited to a certain period of time. Based on the needs of the employer or employing organization, people got hired. Temporary employees are sometimes called contractual or seasonals or it may be named as the temp. TEMPS are needed in temporary work. Now Question is what is temporary work ?? Temporary work is the assignment of a member of one organization to another organization for a temporary period, and where the employee typically retains their salary and other employment rights from their primary organization but they work closely within the other organization to provide training and the sharing of experience. Temporary workers may work full-time or part-time depending on the individual situation. In some instances, temporary workers receive benefits (such as health insurance), but usually, benefits are only given to permanent employees as a cost-cutting measure by the employer to save money.

Human Resource is one of the Most Important Parts of any Organisation. In other words, Human resources are considered the backbone of any organization. The concept of HRM was introduced in the 1960s. It plays a vital role in creating an organization. HRM is a very fast-growing concept. Human Resource Management is all about allowing staff to utilize their qualities in order to fulfill their contribution and role of the organization's motive and aim.  Human Resources Management  (HRM) included all activities like training, recruitment, satisfying employee's needs, and also confirming personnel and management practice. Now, Let's discuss the difference between HRM And Personnel Management Although both human resource management (HRM) and personnel management focus on people management, if we examine critically, there are many differences between them. Some are listed HRM, on the contrary, encourages organizations to look beyond pay for functional duties. Here, the p

A  Staffing Agency  is very important for both Job Seekers and Employers. Staffing Agency can act as a bridge between Job Seekers and Organizations. In Today’s Scenario, it is becoming very difficult for Employers to get skilled staff for their organization and vise versa in case of Job Seekers. Here Staffing Agency can help both Job Seekers and Employers. Staffing Agency also named as a temp agency. Basically what staffing agency does is, Staffing Agency has data of Skilled Manpower, they take requirements from the clients/Organization and provide them good manpower for their organization. A temp agency has a workforce with a variety of skills at its disposal. Moreover, the Hiring process is very simple for both employee and business because the staffing Agency handles much of the paperwork. In Today’s World, there are many companies which not only handle the staffing needs of the organization but also handle their Compliance management and Payroll Management. Xeam Ventures is o

Definition: Staffing can be defined as one of the most important functions of management. It involves the process of filling the vacant position of the right personnel at the right job, at the right time. Hence, everything will occur in the right manner. It is a truth that human resource is one of the greatest for every organization because in any organization all other resources like- money, material, machine, etc. can be utilized effectively and efficiently by the positive efforts of human resource. Therefore it is very important that each and every person should get the right position in the organization so as to get the right job, according to their ability, talent, aptitude, and specializations so that it will help the organization to achieve the pre-set goals in the proper way by the 100% contribution of manpower. Thus it can be said that it is staffing is an essential function of every business organization. Importance of Staffing Agencies in Recruitment Staffing agenci

There are many reasons for answering this question but most important are : 1. COST REDUCTION: One of the obvious advantages of outsourcing Human Resource functions is saving money through cost-cutting. The money that the company essentially spends would not recover any revenue. Moreover, a fully functional HR department needs highly trained staff and a lot of office space, this makes up for high back-office expenses. Thus it makes a good economic sense to outsource HR functions rather than to move into a large office space for a brand new HR department. 2. LOW RISK: HR outsourcing helps minimize risk. Labor laws and employment rules change constantly that could be daunting for employers to keep up with them. These employers may find themselves left behind when it comes to laws that impact the workplaces and so outsourcing firms could make sure that they have well-trained professionals whose primary job is to keep up with these laws and helps keep away from the danger. 3.

HR outsourcing lets small businesses delegate employee management tasks, such as benefits administration, payroll, recruiting, or training, to a professional HR firm instead of hiring internal HR staff. Xeam Ventures is one best company which can help you in enhancing your business and handling your Hr and Payroll Services. Here are tips for outsourcing HR administration successfully. 1. Involve the Right People Choose a project leader to spearhead the initiative. The leader can invite the president and other internal stakeholders to the appropriate meetings to assess possible outsourcing vendors. By including the right people in the discussions and evaluation process, the outsourcing vendors will be aware of all possible needs and key internal stakeholders will be kept abreast of discussions. 2. Choose Right Outsourcing partner : Professional Employer Organizations (PEO): When you contract with a PEO, you form a co-employment relationship with the PEO. Your firm and the PE

 The first step is to create an organizational chart that clearly defines every job function required to effectively operate your company. Initially, multiple job functions may be covered by a small number of employees. For example, sales, operations and payroll is initially the CEO's responsibility. As your company grows, you will need to watch for indicators that the efficiency, productivity or quality of your work may be being impacted by inadequate staffing.  Examples of those indicators are more frequent service failures, a higher number of customer complaints, employee burnout, excessive overtime, an inability to fulfill new orders in a timely matter, etc. You should be able to develop statistical data tied to your industry that allows you to mathematically calculate when an employee hire is required. An easy way to determine this calculation is to take your annual revenue divided by your average annual employee count and divide by 12 for the number of months. This wil

There are multiple benefits of  outsourcing payroll management , especially for small scale or medium scale industries. Some of them are as follows: 1. Saves Time: Calculating the salary of each employee and taking care of all taxes and compliances is a very difficult and time-consuming task. Moreover giving so much time on these activities instead of actual business activities leads business/organization growth down. Payroll Outsourcing is one of the best solutions for this problem, it does not only help in saving time but also leads to an increase in your business. 2. Reduce Cost: If a company/organization is handling payroll management by itself then it needs to hire more people. Need to manpower will there to handle payroll and compliance tasks, which is very costly especially for small scale organization. The best solution for them is, they can try for Payroll Outsourcing, As those companies already have a team of professional as they are into payroll domain only, So there s

Xeam Ventures  is one of the best recruitment and staffing services providers in India. XEAM Ventures Pvt. Ltd. is a trusted brand and proudly certified in CMMI ML3 & ISO 9001:2008 OHSAS 18001:200. The journey of success started 15 years back in 2004 and since then we have provided customized services along with qualified professionals to more than 500 clients. In these successful years, XEAM group has achieved a turnover of 500+ Crore. XEAM currently has 10000+ team count and has a state of the art infrastructure, expert, experienced managers to handle multi-vertical organizations. We have experience of deploying more than 1 lac in the 15 years. Annual Revenue:  500 Cr.

Human Resource Management deals with issues related to compensation, performance management, organization development, safety, wellness, benefits, employee motivation, training, and others. HRM plays a strategic role in managing people and the workplace culture and environment. The need of HR Dept. is must for every business. However, being competitive in these areas isn’t always easy for small and medium-sized businesses. Smaller companies often don’t have the budgets to support the necessary personnel, and sometimes HR issues can be so thorny, it takes experts to navigate them successfully. But, in many cases, even if a business is able to staff an HR department, it’s not always considered the best allocation of resources. If money can be saved using some form of outsourced HR, more funds will be available to invest in core activities Also, don't forget that some mistakes in HR management will not only hurt employee loyalty but can lead to fines. Trusting your HR responsib

Some job seekers don’t want to use a staffing agency because they think these agencies only provide entry-level, temporary jobs. Others think that agencies never provide benefits to workers. None of this is true. A job seeker can use a staffing agency (also known as an employment agency or staffing company) to find a wide variety of jobs, including permanent jobs, in a number of industries. How Does a Staffing Work? At a staffing agency, companies pay the agency to find employees for them. Job seekers can apply to specific jobs through the staffing agency, or can simply contact the staffing agency looking for a job. The agency interviews the job seekers and places them in appropriate positions. Typically, the agency then pays the selected candidate to work for the client company. If the company decides to hire the job seeker permanently, the staffing agency will no longer pay the job seeker. The employee will instead be paid by the company. Staffing Agencies helps Job Seek