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The industry is currently discussing Phenomena like The great resignation of 2021 which is a trending topic across the globe. An article published by livemint quoted The Microsoft 2021 Work Trend Index showed 41% of the global workforce are considering resigning this year - a near doubling of job-switching intent on the two years before the pandemic.

Employees today feel that companies are willing to pay a bit more and this is motivating them to take the risk of jumping jobs. The movement of human capital for revaluating their career and for life choices has bought in the need for managing talent efficiently. This is considered the largest movement of human capital in decades as skilled workers have started exploring jobs. The employees are calling the shots on pay and conditions of work. Contrary companies that failed to support their people are facing staff shortages.

Employers are battling a new scenario

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Many staffing companies have reported a major jump in revenues with this trend. Wage raise remain the best way to attract talent. Flexibility, Hybrid working, and some interesting ones are accessible from almost anywhere with satellite workspaces, home food deliveries are few more ways of luring talent

Navigating these complexities in these evolving market conditions to solve supply volatility using technology and collaborating with a strategic framework needs to be incorporated for increasing efficiencies. The industry has several solutions today like a comprehensive portfolio of consulting-led procurement solutions across the source-to-pay value chain covering spend management, strategic sourcing and category management, contract management, supplier management, master data management, and transactional procurement.

Global procurement experts have been leveraging its strong advisory and technology services, contextual knowledge of the customer’s business, and proprietary solutions such as AI-driven human-machine collaboration suite, to drive procurement transformations for organizations.

Talent augmentation services entail the allotment of dedicated technical resources, usually offshore, hired as overseas development extensions of in-house application development teams on fixed or flexible terms and conditions.

Global procurement experts have been leveraging its strong advisory and technology services, contextual knowledge of the customer’s business, and proprietary solutions such as AI-driven human-machine collaboration suite, to drive procurement transformations for organizations.

Talent augmentation services entail the allotment of dedicated technical resources, usually offshore, hired as overseas development extensions of in-house application development teams on fixed or flexible terms and conditions.

This is where the provider will augment the client's workforce with skilled persons. The Client is still responsible to manage the persons and the work which they will be completing. The software developers are hired based on their technological skillset. Using talent augmentation services provides a one-window solution to companies who might require application development across diverse technology verticals.

To add skilled professionals to their existing workforce, the big or small companies are allowed according to the term talent augmentation. Due to IT company’s seasonal and project basis needs this recruitment principle is most popular among them. To get access to a short-term workforce for a specific duration, companies generally partner with supplying organizations.

Ranging from increased workforce on-site to remotely located professional talent augmentation services can take different forms based on the need of the organization. Owing to the long list of benefits talent augmentation companies offer, IT Companies are preferring them over other traditional forms of staffing. To maintain an efficient balance big firms, complement their stable employees with project basis personnel while with a very minute percentage of permanent staff small firms increasingly prefer to augment their entire workforce.

As both IT talent augmentation and IT firms act as perfect demand and supply partners for effective deliveries, the benefits of IT talent augmentation have increasingly become synonymous with IT firms.

Why Talent augmentation – Hire on the go

Talent augmentation offers flexibility which is one of its foremost benefits. To suit the short-term needs hiring employees by firms are allowed. To suit the need of the hour for a specific duration companies can supplant their permanent employees with skilled professionals. From incurring additional costs of permanent hiring, like employee provident funds and health benefits by the firms this flexible hiring gets prevented. On a project basis, it also gives professionals the flexibility to work on the flip side. You can only indulge in the projects of your choice. Yielding mutual benefits, a win-win situation for both the parties is created by this. Cost-effectively and efficiently gap between the demand and supply of professional skills gets filled by this.

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Key Objectives that talent augmentation

Automates-manual-and-repetitive-tasks
Customer flexibility and scalability

Automated Tools are used for recognizing the right talent for the right jobs and it offers better flexibility in the choice of right talent without constraints. This in turn offers scope for planning scalable projects.

Provides in-depth data analysis & adds value to exisiting products
Top talent approach and access

Readily available talent pool helps in the timely recognition and assigning the best resources for critical projects.

Overall Cost reduction

Controlling of augmentation cost using managed service providers for talent augmentation.

Resource optimization

TA helps customers navigate changing personnel to different projects as desired and customers don’t have to manage the talent bandwidth for forecasted projects.

Automates-manual-and-repetitive-tasks
Deadline achievement with structured goal-setting

Unplanned projects can be easily structured with on the shelf talent to achieve desired goals

Provides in-depth data analysis & adds value to exisiting products
Complete control on the project

Total project control and maximum versatility to scale up or down depending on the requirements of the client.

No time zone barrier

The cultural & time zone barrier of traditional outsourcing is one among the major benefits of TA where there are no discrepancies for handling several barriers like cultural, time & language.

Resource optimization

In-depth understanding of the business process aids in bridging skill gaps in the organization.

We have the most reliable process of TA

Efficient Supply Chain Management
Employee benefits and requirements analysis
Seamless global operations
Conducting live in-depth mock tests
Controlled inventory levels
Employee value creation program
Structured hiring and job vacancy platform
Business decisions with the right intelligence
Resume creation and detailed analysis

Talent Augmentation aids

Efficient Supply Chain Management
Faster recruitment
Seamless global operations
Speed & effectiveness
Controlled inventory levels
Highly cost-effective
Competitive advantage
Business decisions with the right intelligence
Fresh talent & insight

So what does TA offer

  • Access to the global talent pool
  • Effective communication
  • Benefiting from tools
  • Flexibility in recruiting & work
  • Reducing expenses
  • Saved cost on training
  • Full-time technical support & maintenance

Some challenges

  • Minimized managerial influence
  • Security risks
  • Culture barriers & communication gaps