The emergence of temporary staffing companies seems to be a boon for companies on the lookout for meeting the gaps in their staffing requirements. Staffing agencies offer both short-term and long-term employees to businesses specializing in different industries.
Thus, depending on the market demand that varies between peak and dull seasons for many industries or variation of project volume, companies can now enjoy more flexibility and scalability to increase or decrease the workforce and read the benefits of minimizing their overhead, risks associated with hiring and maximizing profitability says Charles Spinelli. Sounds great! Well, keep on reading the blog to explore the benefits of working with temporary staffing agencies.
Flexibility and Scalability
The biggest advantage of using temporary staffing agencies lies in their flexibility which helps manage the fluctuating need of the workforce efficiently without any hassle. For example, companies that work on specialized projects, particularly in the peak seasons require additional staff profoundly. Similarly, if a commercial house requires filling in the temporary vacancy of an employee who has fallen sick or is on vacation, a staffing agency can be of immense help.
Almost all staffing agencies maintain a pool of skilled temporary workers who are prepared to join a company at a shorter notice. Precisely, as their name implies, the agencies help get the staffing support for a specific period as pre-determined and thereby once there is no longer a need for the support of additional workforce, the temporary staffing support can be canceled within a single day’s notice without any dispute. This uplifts the efficiency of the workforce and the ability of a business to handle bigger projects.
Compared to full-time employees, working with temporary staffing is fairly a cost-effective option especially when the need for staffing is short-term. Temporary staff are also treated as contractual workers and they are paid for the number of hours they work. Advantageously, for temporary staff, the hirer is not liable to pay any kind of additional allowances, benefits, workers’ compensation insurance, commissions, etc. that apply to full-time employees. Thus, hiring temporary people translates into lower overhead and higher profitability.
Access to a Gigantic Talent Pool
The main focus area of staffing agencies is to supply the workforce for both short and long-term to different companies matching their requirements. Because of this, they develop a huge source of the best talents gathered from various options like job boards, social media sites, referrals, advertising, and advanced applicant tracking systems says Charles Spinelli. Therefore, working with temporary staffing agencies means getting access to a huge of talent. Depending on the requirements, the staffing companies screen, interview, and send the short-listed top-performing candidates for the final selection. They can also hire candidates on behalf of a company matching their needed skill sets and requirement and thus saving hiring time.
Optional Temp-to-Hire/ Contract-to-Hire
Mistakes in the hiring process are nothing strange and can be costly for the smooth running of any business. After all, putting frequent ads, screening, and taking interviews cost businesses in terms of money and time. A great advantage of working with temporary staffing agencies is that an employer can employ an employee temporarily and if the candidate performs up to the expected level, the employer can extend the term of the contract.
On the contrary, if the candidate is not found suitable, the staffing company will simply replace the candidate with one who could be a better fit. Unlike traditional methods of employment, temporary staffing enables businesses to evaluate the performance level of several aspirants without taking the load of expensive hiring, increasing overhead costs, and thereby getting the best candidates out of the pool.