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The
Human Capital Market Place remains highly competitive and is poised
for enormous growth in the coming years, since, companies around the
world are investing heavily in their human resources infrastructure.
Human Resources Sourcing or the Placement Industry (engaged in
International / National
Recruitment) is recognized as the fastest growing industry.
Establishments classified under this industry may assist either
Employers or those Seeking Employment. In India, professional
management consultancy helps
in Manpower Placements to various industries in ever-widening
fields. HR Sourcing (Placement) is a large and complex
universe in itself, encompassing many different functions associated
with the HR department.
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Any
and all aspect of HR can be outsourced.
According to research, 80 percent of
companies now outsource at least one HR activity, and
the number is swiftly growing. Increasing numbers of
organizations are turning to specialized firms to
supplement various aspects of Human Resource Management.
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