Outsourcing the Staffing & Recruiting Functions
Mar 26, 2003
Indianapolis, Ind. --- The HR outsourcing industry is expected to grow to $58.5 billion by the year 2005, according to market research firm Dataquest. The most commonly outsourced HR and benefits functions include health and welfare programs (48% of respondents), DC plans (37%), payroll (35%), pension plans (26%), retiree administration (23%), staffing and recruiting (16%), organizational development (15%) and HR information services (15%). Source: Gartner/Dataquest
TruStar Solutions, the pioneer of Internet recruitment consulting, has partnered with numerous Fortune 500 organizations over the past 5 years to deliver actionable and successful recruiting outsourcing solutions. TruStar Solutions knows better than anyone that whether it is a highly competitive job market, reminiscent of the War for Talent during the mid-1990s, or a labor and economic market as challenging and difficult as it is today, recruiting always seems to present its own unique set of challenges to the HR / Recruiting Department.
In their latest white paper, Outsourcing the Staffing & Recruiting Functions, TruStar Solutions discusses trends in strategic outsourcing and also includes a look at the different types of recruiting outsourcing services, how they can be applied to staffing and recruiting and the associated benefits, and what should be considered when making the decision to outsource.
CEO of TruStar Solutions, LeRoy Robbins, said, "Outsourcing recruitment or some portion of the function can enable you to dedicate the necessary time to the planning, implementation, and support of these and other high-level talent initiatives. In addition, outsourcing recruiting services can resolve the challenge of time and cost-effectively pinpointing top performers - both immediate and long-term - while also freeing you up to participate in other strategic corporate priorities."
The inundation of resumes from unqualified applicants not only complicates and lengthens the hiring process, it also subjects corporate recruiters to the risk of losing high-quality candidates. However, despite the trials and tribulations that HR and Recruiting is currently encountering, there may be a silver lining. Tough times, such as these, breed innovation, creativity, and also present the opportunity to further enhance HR and Recruiting's credibility as a strategic outsourcing partner.
About TruStar Solutions
Located outside of Indianapolis, Indiana, TruStar Solutions, established in 1997, partners with organizations to provide no-cost, non-biased, customized human capital solutions on how to allocate companies recruiting budgets as effectively as possible on the various career sites and recruitment technologies and then assists in the ongoing management of the accounts through centralized contacts at TruStar Solutions for vendor negotiation, process consulting, implementation, billing, client services and training. TruStar Solutions currently manages outsourced recruiting solutions for 15% of the Fortune 200. Clients include: GlaxoSmithKline, IBM, Procter & Gamble, Cardinal Health, Philip Morris, Tenet Healthcare, BellSouth, Qwest, Circuit City, Bayer Pharmaceuticals, Avaya, Baxter, Target, American General, Kodak, Cendant, Fannie Mae and many more.
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FOR MORE INFORMATION, CONTACT:
Chris Cella, 888.547.4472 ext 346
ccella@trustarsolutions.com
10029 E. 126th Street
Fishers, IN 46038 USA
Telephone +1 317 813 0500
Fax +1 317 813 0501
