Why Do You Need To Hire An HR Agency?
March 25, 2022
Human resources are critical to every company's success. And most importantly, how do you recruit and retain potential employees? That is a difficult question to answer because they are heavily reliant on the company's HR department. Building a complete HR department to properly implement HR policies, on the other hand, is extremely challenging, especially for small and medium-sized businesses. HR outsourcing services is presently the finest choice. So, what makes HR outsourcing the greatest option today? What are some of the most respected HR outsourcing agencies? Let's find out with Talentnet in the article below.
1. What is the definition of Human Resource Management (HR) and Recruiting?
Human resource management (HR) is the function of recruiting, planning, and implementing proper policies to maintain human capital. At the same time, nurturing and expanding the potential of each individual and department in the company. Recruiting is the process of identifying and choosing qualified candidates who are suitable for the position and job requirements. It is clear that it refers to the hiring of people in a specific department of a company in order to ensure that the company has the sufficient resources to operate and grow.
The term “HR agency” typically refers to a company or organization that provides human resources services to other businesses. These services may include recruiting and hiring new employees, managing payroll and benefits, providing training and development programs, and handling employee relations issues.
HR agencies can be especially useful for small and mid-sized businesses that may not have the resources to maintain a full-time HR department. By outsourcing these tasks to an HR agency, businesses can save time and money while still ensuring that their employees receive the support and resources they need to succeed.
Some HR agencies specialize in particular industries or types of job placements, such as temporary or contract workers. It’s important for businesses to choose an HR agency that aligns with their specific needs and values.
Overall, HR agencies can be a valuable resource for businesses looking to streamline their HR processes and provide better support to their employees.
2. What HR agencies can help your businesses?
Businesses are constantly concerned about reducing employee cost, but they also want to maintain and enhance productivity. As a result, companies might consider HR outsourcing services.
Operations ranging from recruitment and training to compensation and bonus plans, or policies are typically costly, particularly when businesses construct their own systems. However, by utilizing HR outsourcing services, organizations can reduce the above expenditures while also building their own professional, reliable, and timely human resource management system.
Upskill for internal HR team
Outsourcing agencies employ well-trained and experienced personnel. In addition, experience in handling many unexpected situations and the ability to withstand high pressure. Therefore, when businesses use HR outsourcing services to support, guide, and advise them, the HR department of the company will be able to develop and expand capacity. Then, perfect the enterprise’s human resource management competencies and structure.
Focus resources on the core goals
Businesses that choose HR outsourcing services will have more resources in terms of cost and time to completely focus on their key business goals while still keeping an eye on the human resource management structure of the company. From there, assist businesses in becoming more resilient in the future.
Accomplish HR goals together
With many quality relationships as well as possessing many important advantages, companies providing HR outsourcing services can:
- Have a pool of qualified applicants is available for all job levels and positions.
- Optimize processes and keep up with global human resource trends.
- Integrating in-depth professional expertise with cutting-edge modern technologies to assist in the development of effective HR management systems, increasing productivity and are adaptable to various company models.
In general, firms that provide outsourcing HR services have developed the best human resource management systems and processes for themselves through many years of operation. And, when used properly, they will meet the needs of the business.
3. Outsourcing service costs
There is no such thing as a set price for an HR agency’s outsourcing services. Typically, providers will evaluate the level and propose an acceptable price based on the demands of the business. As with recruitment, there will be a significantly smaller price for positions that do not have too many requirements and are easy to fill, as opposed to the vacancies that are difficult to fill and demand high-qualified candidates. And the cost of the application will commonly be between 15% and 20% of the candidate’s first-year pay, with the possibility of up to 30%. Businesses must consult with the unit they choose for additional services in order to obtain an adequate plan assessment and so give the best pricing.
4. Top 3 HR agencies in Vietnam
4.1. Talentnet Vietnam
Talentnet is confident in its position as the only one company in Vietnam to provide the Total HR solutions, with more than 20 years of experience in the field of human resources. Talentnet also has a strong and wide network of partnerships with top-tier multinational and domestic corporations. We make sure to deliver the best and most practical HR services to clients.
Services of Talentnet:
- Mercer Salary Surveys
- Executive Search
- Payroll Services
- HR Consulting
- HR Outsourcing Services
Address: 33 Mac Dinh Chi, Da Kao Ward, District 1, Ho Chi Minh City, Vietnam
Tel: (84 28) 6281 4188
4.2. Adecco Vietnam
Adecco Vietnam, a multinational corporation that has been operating in Vietnam since 2011, is one of the country’s leading HR agencies, with a team of local experts having extensive experience and worldwide knowledge. Furthermore, a strong brand awareness will also provide consumers with a wide range of HR-related services while ensuring good quality.
Services of Adecco:
- Recruitment Service
- Payroll & HR Outsourcing
- HR Solutions & Consulting Service
- Training Service
4.3. MP Human Resources (MPHR)
Located in the MP Group with 19 years of experience in the field of Contact Center and BPO in Vietnam, MP Human Resources Joint Stock Company (MPHR) with the understanding of ‘people have always played an important role in determining the success or failure of a business’, is committed to providing customers with the most comprehensive, specialized, and effective human resource management solutions suitable to meet the diverse needs of customers.
Services of MPHR:
- Payroll services, HR policy
- Staffing Services
- HR Recruitment Service
- HR Solution Consulting Service
- Market Research and Survey Services
5. About Talentnet’s HR Outsourcing Services
HR Outsourcing is one of Talentnet’s primary services with a large database of over 60,000 candidates from varied business segments. Our service has been used by more than 150 multi-national & local companies across industries.
Reasons to choose Talentnet’s HR Outsourcing Services:
- We have integrated a global standard of Working Processes, namely utilize different methods of search and selection for diverse job categories
- We apply leading technology solutions in operations
- A management team possesses many years of experience and deep market insight in the HR field.
- An in-house IT team to support with system interfaces, configurations, and customized reports.
- Excellence Execution: 100% Punctuality, Accuracy, and Compliance
- Best Customer Service: consistent quality, timely queries responded, qualified candidates provided within 5 working days