Being the manager of your own business can be very challenging, especially when you don’t have enough money to hire an entire staff of employees. However, you can still make your business run smoothly without hiring a bunch of full-time employees. Instead, you can use staffing solutions that will provide you with on-demand labor so that you can save your money and not have to pay benefits and other overhead costs that come with having full-time employees.
Here are seven important reasons why you need staffing solutions:
1. Better candidate quality
A good staffing firm can provide you with access to a better pool of qualified applicants. Through their network of recruiters, they’ll be able to find candidates that meet your specific needs and are less likely to jump ship before you even get them in front of your interview panel. Working with a staffing firm will save you time because they have a built-in infrastructure for reaching out to candidates and communicating with them. This means that, when you need new people on board, there will be less red tape getting between you and them. If one of your employees leaves without notice.
For example: finding a replacement can be easier than scrambling yourself especially if it’s not something that happens often.
2. Reduced hiring cost
Hiring employees on a full-time basis requires a significant financial commitment. On top of that, some cities and states impose additional taxes on employers. The cost of maintaining an employee is substantial. However, with a staffing company, you pay only for the services rendered, which means more cost-effective solutions to help meet your staffing needs. And if you’re looking for temporary or part-time workers, many staffing companies will provide those options as well. So instead of hiring employees who may not be right for your business culture, you can hire temps who are already trained in their field.
3. Reduced training cost
It is significantly cheaper to hire a person with existing skills than it is to train an individual from scratch. It may be possible for you to save money on training by using a staffing agency. A staffing agency can provide you with pre-trained employees that are already trained in your business’ unique environment, saving you time and money while improving performance and reducing training costs. For example, experienced engineers can be expensive when searching through an ordinary job market or at agencies. As part of your employment agreement, however, these employees agree to come into your company ready to hit the ground running. The added experience will ultimately pay off in increased efficiency and reduced training costs over time.
4. Reduced turnover cost
The cost of replacing an employee can be expensive, especially if you lose someone who is a high performer. If your employee leaves, it will take time to find and hire a replacement. While that person is onboarding, it’s likely that their productivity levels won’t match those of their predecessor. The longer it takes for a new employee to reach their predecessor’s performance level, the more money you have lost from reduced productivity. In addition, many companies end up paying severance packages when they lay off employees—which means even more wasted money. With staffing solutions in place, you don’t have to worry about losing employees or spending unnecessary amounts on hiring costs.
5. Reduced risk of making costly hiring mistakes
Hiring mistakes are expensive. In fact, studies show it can cost from 20% to 100% of a person’s salary. That’s because you not only lose out on productivity and revenue, but you also have to pay severance costs when you let an employee go. Even a one-time hire mistake can cost you more than $6,000 in turnover costs alone. So what can businesses do? Consider using staffing solutions as a way to reduce hiring risk and save time and money by letting an expert in recruiting do what they do best: find top talent! Plus, many staffing firms even offer their services at no cost or reduced prices for startup companies with limited budgets.
6. Streamlined process for onboarding new hires
It’s very easy to fall into a trap when you’re in need of an employee or staff members. It can be especially challenging if you’re not even aware that you need extra help because your workload becomes so overwhelming that it causes you to miss deadlines and feel like you just don’t have enough time in your day. A staffing solution like Vertexplus can help ease your workload by taking some of it off your plate and providing workers who are ready to jump right in. By streamlining your process, Vertexplus allows you to increase productivity while maintaining strong standards for high-quality work.
7. Assess your talent needs and plan accordingly
There’s a saying that you need to manage your people or they will manage you. It’s important to be proactive in hiring, as taking a reactive approach can cost you time and money. Many businesses end up hiring staff for positions before they actually need them. If you don’t plan ahead, it can be easy to hire someone for a position without a firm idea of what role they’ll play in your company—and whether or not their skillset matches that position. Define roles clearly from the start so there are no surprises down the road.
Conclusion
The past and present has shown that not all people are designed to do certain jobs. This is why staffing firms exist in today’s society. If you have a job but feel like you are not cut out for it, or if you just don’t have time to work while maintaining a job outside of your home, then staffing services can give you an opportunity to get back on your feet. These services have plenty of helpful employees who can take over some of your daily tasks for a reasonable price. For more information about how to hire a staff, look into how many local resources exist near you and how much they charge per hour.
