HRM
Maritime placements findings:
Outsourcing - Advantage or disadvantage?
For a layman or a businessman who has a surface knowledge of
outsourcing, it would seem a complete waste of time and financial
resources, which can end up with unwanted complications.
One might wonder why one would need to assign work to other
individuals if you know what is be good for your business? Why delegate
the work to outsourcing professionals if you can do much better right
within your own organization with the help of in-house personnel?
However, the astute businessman would have already realized that
outsourcing is a modern day boon brought to their fingertips mainly by
the technological leap that has enabled fast information sharing and
networking around the globe. Not too many decades ago, getting global
information and profiting from it would have been an exercise of time
and labour and could have been limited to a certain perimeter around
your business area Today, many businessmen are aware that outsourcing
provides them the freedom of delegating all non-core yet important
aspects of their business to an individual or group of individuals who
can give justice to the process.
Thus, it would leave businessmen free from additional
responsibilities and allow them to focus instead on the core of their
business. On the other hand, the outsourcing firm can also focus on the
specific work delegated to them, thus enabling a cost-efficient business
operation. That is one of the primary advantages of outsourcing. Another
enticing advantage of outsourcing is the cost-effective measures that
you can take for your business.
Offshore businessmen are aware that certain services that would be
most expensive in some countries could be obtained at competitive rates
for the same quality in offshore destinations such as Sri Lanka, India
and Phillipines due to the currency conversion rate.
Whether it is within the country or offshore, outsourcing is a
"win-win" solution for the outsourcing company as well as for your
business.
Maritime Placements (Pvt) Ltd Director and CEO, Charmaine
Vanderhoeven commented that in recent times, outsourcing non-core
activities has been found to be a valuable and practical option in Sri
Lanka that has brought clear benefits to the employer not only in terms
of cost savings.
The employer may use their own business premises, tools, equipment
and raw materials and purchase the services of an outsourcing service
partner to provide employees to perform specific tasks or whole areas of
non-core activity for the principal employer.
The outsourcing partner is thus considered the employer, freeing the
principal employer from the traditional employer-employee relationship
and responsibilities towards statutory requirements.
The outsourcing partner as the service provider is expected to comply
with all statutory obligations in respect of the employee.
The responsibility of the outsourced partner is to ensure that the
outsourced employees are motivated, perform well and enjoy the same
perquisites as conventional employees.
Vanderhoeven noted that in recent times in the country, outsourcing
non-core activities has been found to be a convenient option, allowing
the organization to concentrate on developing their core business, core
personnel and taking the organization to higher levels. She observed
that today the employee mindset had changed. No longer do employees wish
to be the "Long Serving Loyal Employee".
The fast paced, young and qualified generation seeks employment that
offers stability, career growth, good benefits and an equitable
remuneration. These employees offer their advanced skills towards the
business growth of the organization.
Having invested a lot of time on analyzing the outcome of outsourcing
and working with companies that have outsourced employees and functions,
Maritime Placements Executive Director Soraya Saldin explained that
outsourcing non-core areas of the business outside the premises of the
principal employer has proved profitable in other angles too, such as
releasing floor space, utilities and resources for essential personnel
having moved out non-core staff and maximizing on the organization's
time to concentrate on business development. Some areas of outsourcing
are accounting/IT/administration/payroll/front office/customer service
and janitorial and maintenance.
The option for employers to seek outsourced staff is more evident for
lower and mid level functions.
As such outsourcing remains the best options for organizations that
wish to divest non-core functions to an outsourcing partner, thus
gaining a significant reduction in the staff head count among other
benefits.
A win-win situation emerges when an organization chooses an
outsourced partner who has a record of high ethics in business. Maritime
Placements Ltd, a well-known recruitment and placement company has long
been in the peoples business.
Their experience with staff at all levels, garnered over decades has
been invaluable in providing a high standard of outsourcing services.
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