An Opportunity to Outsource Entire HR Operation for 1990 LKR Per Employee

Online, October 7, 2013 (Newswire.com) - SourceOne in combination with JobFactory recently entered into a partnership with Sky Management Systems Limited, a growing BPO handling e-book creation. This is their second HRO in two months. Earlier they partnered with Business Machines Company (Pvt) Limited in September. With their breakthrough initiative of introducing HRO (Human Resource Outsourcing) in Sri Lanka, SourceOne-JobFactory have witnessed a surging interest within the Small and Medium enterprises sector, in outsourcing their HR function. In the HRO package entire HR operation is imbedded and there is neither recruitment cost nor advertising cost for the client. Starting from drafting the letter of appointment to managing performance of the employees, the entire HR operation is taken care of by the HRO.

SourceOne - JobFactory are a group of companies operating in the HRM domain, consisting of two limited liability companies and five Business Units (BUs), specialty of their HRO operation is, that they are a self-reliant group in terms of HR services, Madhushan Raigamage, Group CEO of Group stated to the press. When SourceOne takes over an HRO, JobFactory handles the recruitment needs whilst the FMT (four-man team), the revolutionizing OBT and adventurous learning provider, handles the HR Development area.

"We keep a trained and qualified representative at client's office. But we are flexible and if client wishes to accept a virtual operation; we are ready for that too. Our rate is highly cost effective and it certainly reduces the HR cost drastically. We do any number of recruitments during the contract period immaterial whether positions are new or existing. With all these services our monthly rate is 1990 LKR per person. Rather than a company hiring a HR Manager and advertising for recruitments, spending for consultants for various HR needs, HRO is highly effective in terms of cost", Madhushan added.

"Confidentiality is not compromised at all. As a principle, we do not provide any of our services to the direct competitors of our HRO client", Madhushan stated answering question posed by a journalist about the confidentiality factor.

"They say that in most of the countries, HR operations such as all the day-today functions like Recruitment (except selection step), Payroll, Training Needs Analysis, Performance Management, HR Reporting, HR Administration etc. is often outsourced, but certainly not the strategic decision making, people selection etc." It certainly is a myth. If a company can outsource its accounting function, why not HR operation, it absolutely removes client's overheads, Group CEO further said.

In today's highly competitive business, unless you have a cost effective structure and constant focus on core business functions, your competitor may overrun you, Mr. Asitha Madhushanka, Head of HRO operation stated to press. Our main strength is that we know how to turn around a company, especially a SME. Madhushan is famous in laying the foundation when taking over a new company through an HRO and turning the HR operation upside down, Asitha said. With Madhushan's foundation we build the company through HRO and it is certainly beyond a business relationship. Finally it becomes a business partnership Asitha added. Madhushan Raigamage became the best HR Practitioner in 2012 amongst the thousands of passed finalist of IPM. He was recognized at the International HR Conference held at Waters Edge in June 2012.

"I was recognized by IPM for the untiring effort at AVANI Bentota which was previously Hotel Serendib. We turned around the perceptions of the employees during the drive of getting the AVANI brand to Sri Lanka, although it was highly unionized. How much we have moved in to the hearts and minds of the people that, General Manager wrote to top management to promote me and Union went to the CEO when I was trying to move for better prospects," Madhushan said sharing his sweet memories.

With our experience in HR domain, SourceOne - JobFactory shall strive for excellence and SMEs will get the benefit of it Madhushan finally stated to the press. "We work on first come first served basis and when partnering with SMEs, clients' direct competitors will not be served on any of the HR services."
For further details please log in to their websites:
www.jobfactory.lk
www.sourceone.lk