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Staff Augmentation & Resources |
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Staff augmentation is an outsourcing strategy which is used to quickly staff a project and to bring better efficiency and effectiveness in the work process. The technique consists of evaluating the existing staff and then determining which additional skills are required. The advantage of this approach is that it leverages existing resources as well as utilizing outsourced services.
The system takes the wing as more and more companies are growing with their increasing needs. The element of staff augmentation can be visible across every department to achieve incompetence and unmatched standard of working. Normally, it is seen that human resources and sales wings of a corporation is likely to get the first advantage of staff augmentation. However, the necessity of this process cannot be denied in other areas of working too as it could leads to better management for the organization. This is reason why, IT staff augmentation remains one of the most demanding and vigorous marketplaces in the world.
The goal of the exercise is to handle staffing requirements with an existing set of talent. Numerous consulting companies offer staff augmentation services. It has been estimated that staff augmentation as an industry will reach $45 billion in 2010
The trend in staff augmentation is occurring because of the abundance of IT resources, declining rates, and narrowing margins for companies that need these services.
Staff augmentation seems to be an extension of the "rightsizing" movement.
Direct placement:
Direct placement is an equity offering without an underwriter which is usually exempt from SEC filing. This is when a company decides to raise funds by selling ownership in the company rather than debt financing with debentures and other things. Typically companies chose to issue their securities to the public using an underwriter like an investment bank. A direct placement takes out the middle man and allows a company to offer their securities directly to the public. This type of placement also eliminates the timely process of filing the securities with the Securities Exchange Commission.
Contract Staff Augmentation:
With V-OFFSHORE, you can hire a contract or temporary employee for any length of time to suit your needs. V-OFFSHORE can also supply you with long term staff augmentation for those big projects that your busy staff just can’t manage!
Contract-to-Hire Staff Augmentation:
With V-OFFSHORE, you have several contract to hire options. Our standard contract to hire time is six months; after that, your company can hire the associate with no additional fee! |
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