One of the most difficult aspects of running a business is growing it at a healthy rate while keeping costs under control. Business needs also change quickly due to absences, new clients, rush orders, and other unexpected events. What’s an easy way to handle growth without spending too much or losing out on productivity? Take advantage of the benefits of using a staffing agency:
1) Control Costs: Contracting with a reputable staffing agency can reduce overhead and manage operating costs. If you use temporary employees for special projects or during peak workload periods, you get the experience and skills you need without increasing payroll costs. You also eliminate advertising costs and reduce overtime payments to your permanent staff.
2) Reduce Risk: Staffing companies can help you reduce the risks that are a natural part of hiring and human resource management. They can help you avoid costly bad hires by giving you a temp-to-hire option to try out a new employee. You can reduce stress and tension in the workplace, absenteeism, workers’ compensation claims, and the need for more management by adding temporary employees during extra-busy work periods. Staffing firms are well-versed in employment law, so they comply with all federal, state, and local regulations and can help ensure that you’re following non-discriminatory hiring practices.
3) Increase Flexibility: As your business grows, you may have to meet market demands quickly, within time and budget constraints. Staffing firms can provide quick support for short-term staffing needs, including special projects, seasonal work, vacation and maternity leaves, and tight deadlines.
4) Give You Time: Time is probably your most precious commodity as you grow your business. The time you spend finding and hiring employees is time away from running your business. Staffing firms can eliminate the time you spend advertising, screening, interviewing, testing, and reference checking. They can provide you with employees who already have the skills you need, so you’ll spend less time training them. The staffing firm will also be responsible for time-intensive tasks like processing and administering payroll and benefits.
If you are ready to take your business to the next level, please contact Morgan Hunter Corporate Search. As one of the top staffing firms in the Midwest, we can help you determine the most effective ways to control your costs, increase your profits, and grow your business.