Hiring in-house employees and outsourcing talent are two things we’re bound to come across when it comes to recruitment. True enough, both options have their merits and they cater to different circumstances and needs. It’s important to know how they differ, when they should be used and how they go about. That’s what we’re tackling today with the help of interim strategy recruitment experts.
- Definition – Quite obviously, these refer to hires or employees who are recruited into the organization. They receive benefits that a regular employee would such as salaries and wages, health and dental insurance and similar other perks. They can work for the interim that is temporarily for a certain project or for a period of time. They can also be hired permanently or at least under probation until they pass a certain evaluation to be one.
- Who – Internal or in-house staff are pretty prominent across industries and in most organizations. There’s a need for consistency, familiarity and stability which they are able to provide. Being internal in nature, they are exposed and accepted into the corporate culture and make up part of the organizational structure.
- Why – Hiring permanent employees allow companies to have people who are familiar with its processes. They drive the boat and take care of the tasks, duties and responsibilities needed to put operations on a roll. They may be a little expensive to maintain but the value they put is priceless.
- Definition – These are professionals who are external to the company. They may work on their own or for another entity or firm. They are paid professional fees and do not garner the same benefits that in-house employees are given.
- Who – Outsourcing is just as common but may not be as prominent or familiar to the general public. They are made of people who are specifically trained for a particular practice. Think of lawyers and accountants. Moreover, consultants and advisors fall under this category as well.
- Why – Sometimes, entities cannot afford to maintain an in-house team or they need added expertise and experience to fulfill a particular task. Outsourcing becomes a very good option in such cases.
The choice between internally hiring and outsourcing still rests on the company’s shoulders says interim strategy experts. This is why careful examination of one’s needs and goals is necessary before making a choice between the two.