Adoption of Staff Augmentation
The “window of opportunity” brought about due to IT disruptions, has become small, therefore a missed opportunity due to unpreparedness can be detrimental to the success of the business. In today’s dynamic work environment, which is constantly being disrupted by the evolution of technology, staying agile can be at times quite daunting. The insatiable requirement of skilled workforce has given rise to many staffing strategies, of which staff augmentation is creating a lot of buzz.
Benefits of Staff Augmentation
Access to larger and scalable talent pool:
The advent of globalization has given rise to innumerable projects around the globe, driving insatiable demand for skilled resources with the latest IT skillsets. With staff augmentation companies have a larger selection pool of suitable candidates as the market to tap are substantially larger. The HR team has access to resources with niche skillsets who can “hit the ground running” and has the potential to fill the skills gap void almost immediately, keeping the project timeline on track. Scalability is another plus with staff augmentation as it mitigates the cost associated with the traditional hiring process. It’s an excellent solution for companies that regularly experience shifts in demand. The size of the team can be scaled up and down without incurring much on training, salary benefits, etc., depending on current needs and financial standing during the year.
The hiring process can be expedited with staff augmentation:
There are instances when “time to fill” is of the essence to fulfil the deliverable window and dependency on the traditional hiring process is fraught with important positions going unfilled. Staff augmentation speeds up the time to hire by identifying key resources within weeks if not days in markets in which an organization cannot afford to lax.
Staff augmentation facilitates better control and offers a new perspective on the projects:
Compared to outsourcing, staff augmentation allows regular monitoring of the project deliverables as the augmented staff are a part of the project and are assigned a task to improve the efficiency of the project. Staff augmentation brings new perspective and efficiency in the current work structure, allowing management to plan in a better and more innovative way.
In a cutthroat staffing landscape where the need of the hour is to have a right resource with the right skill set, staff augmentation provides a framework which not only sustains company’s uninterrupted performance and output but also eliminates cost and liabilities associated with hiring full-time employees.