How can your business adapt to an ever-changing economy? Many employers have adjusted by integrating a flexible workforce into their current model.
Consider the benefits and how to make it happen.
#1: Benefits of a Developing a Flexible Workforce
In an economic surge, a flexible workforce can help your business thrive while saving money on overtime expenses. And during economic downturns, it can save money on payroll. Think about how workforce flexibility can help your business in the following situations:
- Accelerated project deadlines
- Sudden departure of key employees
- Short- or long-term absence
- Special projects
- Peak seasons
- An increase—or a decrease—in the demand for products or services
#2: Determining the Right Employment Type
Payroll is among the top expenses for most businesses. Many employers have benefited from analyzing their workforce to determine the employment type needed to get a job done at any given time.
Determining the right employment type needed for a position involves careful consideration of several factors, such as:
- Specialized training that might be required
- Availability of talent with specialized training
- Project length
- Project scope
- Whether knowledge of workplace culture is needed to fulfill the role
- Extent that collaboration with other teams is required
- Risks of exposure of intellectual property /security concerns
#3: A Staffing Agency Can Help Your Business Adapt
Staffing agencies help businesses adapt to changing economies. They provide options to help you quickly develop and maintain a flexible workforce. An established agency has a pool of workers that are accessible whenever your business needs help with a project or is experiencing a skills shortage.
You will save the time and cost of posting and interviewing candidates, and completing the hiring process. If you choose to have a candidate become an employee of the staffing agency, the agency will also handle payroll and benefits processing.
Consider the employment types that might best benefit your business:
- Temporary – A temporary position can be long- or short term. You’ll have flexibility in extending or decreasing the length of the employment term.
- Temp-to-hire – When you want to add full-time staff to your team, temp-to-hire allows you to observe employees’ work performance and ethic before bringing them on board with full-time status. It’s a good way for you and an employee to determine if the position is a match.
- Direct hire – When peak periods or unexpected demands occur, a staffing agency will shorten your search for full-time talent. Established agencies have candidates available that have already been screened, tested, and interviewed. You will be quickly presented with several candidates who meet your requirements.
A Staffing Partner You can Trust
Priority One Staffing Services has built a reputation as a trusted partner in helping businesses find highly qualified talent to help them reach company goals. And with more than 20 years in the industry, we have become proficient at it. Contact us to learn more.