Talent management in the tech industry is of the essence to successfully manage and execute a project. Such projects need highly-effective, flexible, focused, and productive individuals. It is not feasible to involve in-house experts and specialists in the interview process to verify the skill set of the new-hire. In these companies time is money - you cannot afford to waste the time of your in-house resources because they are costly. One failed interview can cost you a fortune if you count the hourly rate of these project managers, senior engineers, and analysts.Â
So, in order to make a mindful decision something that will benefit you and the organization - you need to make good use of team augmentation techniques. Team augmentation is a strategic technique where organizations outsource their talent management and recruitment process to a third-party vendor. Here the vendors go above and beyond to find the right and skilled talent for your company without any geographical limitations.
Oftentimes, business owners or managers are confused between team augmentation and in-house recruitment. But, as the saying goes "it takes money to make money" and it applies here more than anywhere else. With in-house recruitment, you are paying someone to look at your job application and decide if they will hire the right candidate for the job.
The purpose of team augmentation in the first place is to enhance efficiency and effectiveness within a company. There are many companies that have the right resources for their team development, but as they do not invest time in building a team, they end up with poor quality employees and lower performance than they could achieve. By using the right strategies, you can ensure that the team will work together as one, and perform as efficiently as possible. By collaborating with a third-party recruitment agency you assure that you have a team development consultant that works alongside you to achieve the short and long-term goals, you pay them a commission for the services they provide.
These vendors have access to all the right resources for team development, whether you are looking at a software tool or a consultancy firm, they will work with you to improve team output. Often, it is the consultants themselves that are responsible for the overall success of the project. They need to look for the issues and problems that exist within a team, if they can find the root causes of the problem, the team can deliver exceptional performance. Then they can address those issues and make changes to the way that they work. It is the best team that has the best strategies and the most effective processes in place.
Another reason why team augmentation is better than in house recruitment is that it is more cost-effective. You no longer need infrastructure investment to pay for the recruitment of your own staff because you will be able to get your team. You can focus on the team that you need, rather than trying to recruit staff for a team that you may not have the required skills for. By using a third party recruitment agency you do not have to waste your time and money looking for the right employees. Once you have the staff you need you can concentrate on training them, helping them develop into top performers, and developing a team that is fit for purpose.
To sum it up
If you want to build an outstanding team, save money, and high productivity levels, then team augmentation will be the right way and will add a lot of value to your organization. Using the right recruitment company will allow you to get the staff to align well with your requirements, the tools that are needed to make your teamwork as efficiently as possible, and ultimately increase efficiency.
