The Future of Outsourcing Companies in India: Year 2017 & onwards

Outsourcing segments have evolved greatly over the past 20 years around the globe. The dynamics of global outsourcing business are changing and it will directly put impact on the future of the outsourcing companies in India & other countries in the next 10 or 15 years? It was all started with small IT call centers in India and Bangladesh which has now turned into a multi-trillion dollars industry. In today's times, many companies are finding it harder to meet the challenges of a global...

5 Important steps that must be practiced by recruitment companies in India

As a recruitment consultant company, getting clients, recruiting and then hiring the best -fit employees for them can pose a huge challenge whether your client is a start-up business or a well-reputed brand in the market. In India, the recruitment industry is very fragmented as there are so many agencies/companies out there claiming to be the best. There can be very crucial tasks to post a job ad, sift through large number of resumes, and, ultimately getting any selected from your client and ...

7 ways Outsourcing Companies in India Contribute to Industry Sectors Growth

The onset of globalization in the late 90’s marked a revolutionary beginning of outsourcing in India. The traditional concept that started with the sending of unskilled labors from developed countries to developing nations later experienced a tremendous growth just within the span of 10 years. And today, it is needless to question the success of outsourcing as it became one of the most potent growth factors of the Indian economy. According to recent news from the industry, many businesses ...

How a Consulting Firm can transform strategy into reality for your business

There is no business in this world that has been evolved without an idea but also, not every idea is powerful enough to win. An idea without a proper executional plan is just a dream without a successful effort. Thanks to some consulting firms that exist in our times- the procedure of transforming strategy into reality is now not a far fledged dream! Over the period of time, many consulting firms have formed with the idea to help businesses with the designing and building of effective strate...

Quick Payroll Tips to optimize your Startup business

Most of the startup ventures that we see today generally begin with the notion of constant running and growing their business. They prefer creating a business scenario where the paperwork dealings are least, and often due to this habit, such startups tend to neglect their accounting processes. If you are a startup business founder, then it solely becomes your responsibility to ensure that your employees are regarded and taken care through a seamless payroll management process. So how are you ...

How Digitization is taking Management Consulting to another Level?

In the ever-competitive world of business, the only way to ensure success in professional endeavors is through maintaining the pace of constant growth. Now that ‘Digitization’ is the new ‘revolutionary’ ink to write some phenomenal rules of success in business, it is utterly important for companies to embrace it in their strategic work development. After all, new experiences can change the understanding of businesses, especially when such experiences are redefined with the touch of ...

Common Payroll & HR System Mistakes That Start-ups Need To Avoid?

A startup is no startup if it cannot break the unconventional rules to create a new story of success. Pumped with the desire to win the world, startups have to manage everything in their whole little arena to invite success and long lasting glory. Still in many instances, the occurrence of HR and payroll mistakes is quite evident in any business, no matter whether it is small or big organization. Being a startup, one needs to be extra careful in customizing payroll and HR functions to avoid ...

7 Emerging Roles of Indian IT Consulting firms in Global Outsourcing

You might have heard people discussing the huge potential and growth of the outsourcing business. You have heard it right-especially in particular to the offshoring setup!Most of the global firms are hiring resources or outsourcing business process to offshore firms from where they can get better services and quality results at affordable costs. So when it comes to global outsourcing, India is certainly selling like hotcakes. Some major firms like IBM have more than90-80 thousand employees ...

7 Roles Top IT Consulting Companies Play in your Business Growth?

Do you know companies all across the world are spending about $2 million to hire management consultants, especially when it comes to IT? Do you know why is it happening? Well, the answer is simple. When you are in a world where competition is cutthroat, and every single company is moving forward to compete with you, then you have to have a professional mindset. One cannot afford to underestimate the power and potential of business consultation here. There is one simple rule to reach the ...

7 Impacts Corporate Training Companies can put on Your Organization

CFO to CEO: What if we spend our time, money and resources in training/developing our employees and they leave? CEO: What if we don’t spend anything and they STAY???? This little dialogue says volumes in itself! Being the most valuable asset of the business, ‘employees’ need time, material and resources to evolve and somewhere down the line, this evolution is also directly proportional to business growth. In lieu to this, corporate training can turn out to be a beneficial investment ...

How consultants can help on ‘War for talent’ in Executive Search & Recruitment?

In the ever developing market sphere, recent years have been characterized as a time of increasing encroachment in both policies and academic debates with respect to knowledge and weightless economies of ‘War for Talent’. In this lieu, the rise of executive search films, commonly known as consulting firms and headhunters, have been evident. There is absolutely no denying the fact- better talent is indeed worth a fight! Being right there at the senior level of management, the ability to ...

Top Benefits of Payroll System Outsourcing

It is estimated that most of the small businesses spend about 25 percent of their saving in handling the HR/Payroll related paperwork of the employees. So even if you try hard, you wouldn’t be able to separate Payroll and HR from the league of being regarded as the integral element of an organization. Paying employees on time, maintaining the accuracy in results, filling proper taxes, and having an errorless payroll experience is crucial for every organization, regardless of what size or ...

7 ways How Executive Search practices are different from traditional recruitment?

Recruitment is the most self-evolving and developmental task done by a company. After all, the most influence asset of a business i.e. employee hiring is associated with this concern. But unlike the traditional recruitment practices, Executive search practices are a specialized field of interest. It is just not about finding a job or hiring an employee. It is more about making a career. What is Executive Search Practices? Generally regarded as headhunting, executive search refers to the ...

Outsourcing HR? How it results in big savings for your business?

Organizations are made of human beings and managing this resource in the best possible way is nothing but a dream for all businesses. Thanks to the managerial invention of having HR departments in organizations- it is probably due to these departments that managing some crucial tasks like employee payroll, tax filing, grievance handling, record maintenance, etc. becomes fairly easy and convenient for organizations. While multinational companies or large firms can afford to have a fully functi...

Payroll Outsourcing in India- How can it help you grow your Business?

If you are managing a business, you would definitely agree with us that payroll management is indeed the most crucial aspect of any business. There is no company in existence that can work successfully without payroll- they have to have a systematic pattern to ensure an errorless making and delivery of employee’s salary and on-time payments. If some recent studies are to believe, then getting paid on-time is the biggest motivation factor for employees and thus, to sustain the consistency in ...

What is RPO? How can it benefit your Business?

Recruitment Process Outsourcing (commonly known as RPO) is an all-inclusive wonder in the reigns of recruitment world. It is certainly not all about fitting a vacant position with a desirable candidate but more about the overall recruiting strategy that is strictly aligned to the business target, goals, and development. Companies who often use RPO solutions accept this fact clearly that RPO is the most flexible cum scalable process of improving business development and needs. So what is RPO? ...

7 Ways to optimize your business for customer delight

There is nothing more phenomenal than the ‘relationship’ shared between a business and its customers. Bonded with the faith of love and trust, it is this relationship that makes a service successful within no time. Thanks to the age of automation and innovation- the touch of ‘care’ has been best redefined and it couldn’t get better than this. Have you ever had an ‘unhappy’ customer? Have you ever thought how demeaning it could be for your business circle? The harmful effects of ...

7 Sourcing Tips that can make you better at Recruitment?

The more you are into business, the more you realize a simple fact that both sourcing and recruiting are interchangeable. There is a high rate of dependency between both the phenomena and in order to hire the best talent for the organizations, one need to understand the interchangeable relevance and significance of both the process. It is always the gift of innovative ideas that originates the destiny of winning results. Thinking ‘out of the box’ in business is nothing but an urgent need ...

How Creativity & Innovation at Workplaces boosts the Business Value

You can make both business and profit without innovation and creativity. You cannot make amazing business and winsome profit without innovation and creativity. Innovation and creativity are undoubtedly the lifeblood of any profitable business. It is, in fact, the pursuit of innovation that gives birth to the quest for success. And thus for the systematic construction of business, it is mandatory for companies and their HR professionals to know this crucial role of innovation and creativity...

7 Things Every Business Should Do to Have Effortless Payroll Processing

No matter how much you hate maintaining the payroll processing, the fact that you cannot ignore them is true to acknowledge! The urge of calculating accurate taxes, compensations and deduction is important, especially when you are running a business brand.  Making the payroll process errorless is the urgent need of the hour; nevertheless, it is nearly impossible to ignore the chances of some common mistakes. So how you are going to make the process effortless? What are the best account tricks ...