Resource Augmentation

What Really is Resource Augmentation?

Resource Augmentation, commonly known as contracting, is when companies hire the extra help they need only for a specific project or a particular period.?

Basically, companies can hire employees on a contract basis without making a permanent commitment to the additional support they hire.

To put it in simple words, resource augmentation is an outsourcing strategy in which the company looks for its weakness in a project and rectifies it by employing an external talent without a permanent hiring procedure.

Augmenting resources can greatly influence the companies and their end-year results. It is no wonder that resource augmentation services have become an essential tool for corporate giants to square their balance sheets

In the 21st century, it is indispensable for businesses to work to their customers’ high-tech needs.?

To be at a competitive edge, you need to go in hand with technological advancement.

For this, you need to strengthen your tech army.

The right IT resources leg up you to provide the customers with a matchless user experience and elevate customer satisfaction.

The presence of expert development staff in your team helps you to cope up with growing online competitiveness. Their expertise enables you to beat the hardships that arise due to changing market trends.

So, how can you always have the highly skilled techies in your development team to address the everyday challenges of hiring new resources is a costly, lengthy, and cumbersome process?

A solution is here, named Resource Augmentation.

Resource Augmentation is a?flexible, cost-effective outsourcing strategy.?

The Resource Augmentation model is companies hiring tech talent globally from a third party on a contractual basis for a concrete project or projects.

Resource Augmentation provides the most adequate resources at the right moment for immediate working with start-ups, mid-tier, and large enterprises and meeting all your project objectives.

The internal staff and the augmented resources work together for the entire duration of the project. The new employees can also work from home or their workplace.

Resource augmentation presents organizations with a scope of getting qualified employees on time without any hassle of engaging in a long, cumbersome recruitment process, thus saving a lot of time and money.

The organizations are also rewarded with the flexibility to grow or cut down the augmented team as and when required.

Hiring as well as retaining skilled IT talent has always been a challenge for companies.?

While there could be a competent in-house team handling ongoing client projects, but at the same time, multiple projects will be coming making it necessary for the presence of an additional workforce with you on a short or long-term basis to handle them.

Presently, companies are seeing industry specialists hiring resource augmentation services to meet their aggressive project needs and deadlines.

Resource Augmentation Framework

1. Ascertain your requirements

Determine the number of hires. Discuss with your management and come to a precise number.?

Also, define the ideal candidate specifications, including expertise, qualifications, years of experience, and many more.

2. Assess and Select

Initiate the search process after clearly reviewing the requirements.?

Find and assess all the candidates that are eligible as per your requirements through interviews and tests.

3. Assimilation of New Team Members

It’s not only about hiring. You need to make sure you are comfortable and easily integrated into the company culture.?

Make sure all the new employees are aware of your company’s procedures, rules, and values.

4. Continuous Support and Nurture

Continue with the ongoing support for the new staff, even after the end of the integration phase.?

To establish strong relationships with them, ask for their feedback.?

What are the Benefits I Get in IT Resource Augmentation?

#1: Cost-Effectiveness

Cost-cutting is an important catch for global companies for a positive balance sheet and growth measure. There are two perspectives to looking at this cost-cutting aspect of the resource augmentation model.

As per the research records, it is roughly 40% more economical to hire a contract employee than to look for a permanent appointment. The base salary, benefits, and social security eat a big share of the project development pie. The benefits include living expenses and other allowances, which are comparatively higher in a developed country over a developing country.

There is no more a factor worth considering with resource augmentation in operational costs such as office expenses, electricity, or stationery. This further increases the sum companies could end up saving. This fund can be diverted to R&Ds, training, or other projects.

#2: Greater Flexibility

Companies love to expand their horizons. They even take half chances hoping for a chance to convert. This can attract serious threats to their balance sheets.

With resource augmentation mode, companies can bid on projects of different sizes, sectors, and types. This implies that companies don’t have to say a no to any of those inquiries which aren’t their ball game.?

The flexibility and adaptability that these companies get from resource augmentation can help them broaden their service network.

#3: Greater Control

Compared to an outsourcing strategy, companies have the upper hand in the control of a project. They can keep track of the pace and quality at every stage and even on-demand.

Once outsourced, companies lose their monopoly to add or remove resources at any point in time. But in the case of resource augmentation, you are free to do the same but at the risk of privacy and security still under risk.?

#4: Quality Talent on Offer

Finding the right quality candidate can prove costly and time-consuming. But augmentation service providers have access to a global pool of resources at their will.?

So, companies have the same access to a set of skill sets they are looking to meet their targets on time.?

#5: Hassle-Free Hiring Process

Augmentation doesn’t require any lengthy paperwork and the tedious process of filing and sanctioning. Hence, it is a time-saving process, and companies can concentrate more on the development side than on the hiring process.

#6: Better?Productivity

Specialist talents acquired can help companies deliver their projects faster without having an extra burden on the permanent staff.

With their advent in the IT sector, these advantages have made augmentation to spread over sectors. The spread proved worth enough with the balance sheets ending in the green.

Conclusion:

Resource Augmentation has evolved a lot since it was first implemented & it is indeed the way forward for global companies in 2022. It guarantees a great deal of flexibility and cost-efficiency for your business.?It holds a decade of experience in Salesforce Staffing Services. Our expert guide provides you with competent assistance to fill your company staffing gaps. Contact us to know how we can help. Request a?Resource Augmentation contract sample?or?contact us?to see how we can work and get your dream development team.