Today’s economic climate forces businesses and organizations to make tough choices concerning their employees – which are both one of their biggest expenses and greatest assets.
Employment costs such as insurance, healthcare, taxes, and benefits are soaring at the same time companies are under great pressure to do more with less. Companies are urged to run “lean.”
The answer to managing staffing costs, maintaining productivity while running “lean,” and preparing for economic recovery is strategic staffing.
Looking at Staffing Strategically
The staffing industry’s unique access to a wide range of workers is one of the essential benefits it offers clients. By working with staffing firms, HR professionals can quickly find individuals with specific skill sets or hard-to-find work experience. Those individuals can be brought on board for a brief period or they can be hired permanently. This flexibility enables HR to serve an organization in a strategic manner. HR can respond quickly to changing business needs without burdening a company with excessive head count or unnecessary legal exposure. This type of staffing agility is used as a competitive advantage by smart companies.
A recent report from the U.S. Department of Labor supports this notion. The report found “employers that have flexibility in adjusting labor requirements to meet product and service demands have a competitive edge over those with less flexible human resources policies.”
In a 1999 survey of HR managers at more than 1,200 firms, more than 90% said “flexibility in staffing issues” was important, and 95% said that flexibility was being achieved by using temporary and contract employees from staffing companies. The survey was conducted by the American Management Association.
Three main reasons:
To fill in for absent employees or to fill a vacancy temporarily
To provide extra support during busy times or seasons
To staff special short-term projects
Alleviate Rising Costs
Healthcare costs, workers’ compensation, unemployment insurance, Social Security and other staffing costs continue to rise each year. Staffing can help:
Provide workers for special projects and peak workloads without increasing fixed payroll costs.
Reduce overtime labor costs by letting temporary employees work the extra hours.
By paying benefits, unemployment, taxes, and other expenses that the staffing company assumes responsibility for in regard to their temporary workers.
Absenteeism and employees who don’t match the needs of particular jobs lead to wasted time and effort. Staffing can help by:
Offering temporary-to-hire options that allow businesses to learn about new employees.
Providing temporary help during peak periods to prevent overworking core employees, reducing absenteeism and worker’s compensation claims.
Leveling out the fluctuations in workload; allowing the company to run “lean” and help to avoid layoffs.
Using a staffing company saves time in countless ways:
We advertise to attract applicants, then screen, interview, test, and reference check potential employees.
The hiring business’s level of involvement is up to them…they can simply select the best applicant or interview or rely on Masiello to make the right choice.
Because of pre-employment screening and background checks for needed skills, less training is necessary prior to beginning work.
Masiello Employment takes care of the temporary employee’s payroll and benefits administration.
HR professionals, and others who make organizational staffing decisions, benefit from the flexibility that staffing firms provide.
This flexibility manifests itself in many ways.
Hiring workers as needed allows companies to respond to market demands quickly without adding full-time staff.
For routine needs, staffing firms can deliver workers for daily, seasonal, or cyclical assignments on-demand.
During a slowdown, temporary workers can handle the workload without increasing your direct headcount.
Letting temporary workers handle non-core business functions allows regular staff to concentrate on core competencies of your business.