The past few months have forced many business leaders to reconsider their operations. One trend has been to look at reducing workforce costs.
Outsourcing staffing is one of the many options employers have at their fingertips. As it turns out, it’s one of the better options too, since it comes with so many advantages.
If you’re wondering about outsourcing staffing, take a look at these ten benefits.
Save Money by Outsourcing
Business owners look to staffing because labor is one of the biggest overheads. If costs need to be reduced, then labor is often one of the first places to make cuts.
Outsourcing is often a better solution. It can save you money while ensuring you still have the people you need on hand. You can lower costs without overburdening your team or falling behind on demand.
Save the HR Team Time
Staffing solutions do more than save money. They can also save you and your HR team time when it comes to hiring. Recruitment is often more streamlined, which means you can get the people you need sooner.
Consider that the average time to hire is around 40 days. This length of time can vary, depending on the industry you’re in, where you’re located, and even the position you’re hiring for.
With the right staffing solution, you can reduce the time to hire. In the current environment, that’s a distinct advantage. You can scale up and down as the market demands.
Find the Talent You Need
This PEO organization notes another major benefit of working with a third-party staffing company for your needs. Not only can you hire faster, but you can also hire smarter.
The time savings come from your staffing partner having a wider network of qualified candidates. They’re able to find you more qualified people in a shorter amount of time.
The end result is that you’ll see higher-quality candidates. If you want to be sure you’re hiring the right people every time, then outsourcing staffing is the way to go.
Outsourcing Staffing Improves Efficiency
Another major advantage of outsourcing your staffing is improved efficiency. The HR team can hire faster, but you’ll also notice more efficiency and productivity in other parts of the HR department.
Outsourced teams are often more efficient and productive as well. They may be more skilled, so they’re able to handle projects in short order. You may only need them part-time or on a temporary basis as well, which can improve efficiency.
Take Advantage of Temp-to-Perm
When you work with an outsource staffing agency, you can also take advantage of temporary to permanent hiring. You can think of this as a sort of try-before-you-hire program, in some ways.
In this situation, you can bring someone on in a temporary capacity. You can then gauge how well they fit with your company. You may even be able to see if you need to create a permanent role.
If you do need to hire someone permanently or you want this person as part of your team, you can make a permanent hire. Your staffing partner can help you through the intricacies of this process, so you can always keep the best people on your team.
Create a More Flexible Workforce
temp-to-perm hiring is one example of the flexibility that outsourcing staffing can provide. You can hire temporary workers, then determine if you need to fill permanent roles. When you need to create permanent positions, you have the perfect candidates waiting in the wings.
In the current market environment, workforce flexibility is a major advantage. Outsourcing your staffing can help you create this more flexible workforce. Then you can be ready to respond to whatever the market throws at you in the future.
Improve Compliance and Monitoring
When you outsource staffing, you get more than workforce flexibility and great hires. You can also lift the burden of workforce management from your HR team’s shoulders.
One of the most time-intensive tasks your team takes on is compliance and monitoring. This involves reviewing your company policies and current labor legislation. Staying up to date is a big job.
When you move to outsourced staffing, your staffing agency partner will take over this role. They’ll work to make sure every hire and every termination is exactly in line with the law. They may even make recommendations for updating policies.
This can help you avoid lawsuits and penalties. It also gives your HR staff time to attend to the other tasks on their lengthy to-do lists.
Get Access to the Tools You Need
Another advantage of outsourcing your staffing is getting access to new technological tools. These could help you with recruitment or onboarding. They may even help with benefits administration or other aspects of your HR.
With the right tools in hand, you’ll have a better chance of hiring the right people and keeping them on board.
Get Help with Other Employment Tasks
Depending on the type of staffing organization you team up with, you may be able to get some help with other HR tasks. Some Employment agencies will handle tasks like payroll and benefits administration.
If you feel like you need a helping hand managing HR as a whole, then outsourcing staffing could be the right move.
Get Back to What You Do Best
When you outsource staffing, you free yourself up to get back to what you do best. If you’re a marketer or an accountant, hiring and performance reviews are not your strengths. You’re best to let someone else look after these tasks so you can put your expertise to work.
When you do, you’ll be in a much better position to grow your business.
Staff for Smarter Growth
Outsourcing staffing is a great solution to cut costs, but it also has other advantages. If you need help with HR or want better candidates, then you may want to outsource your staffing activities.
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