Any business owner or manager that has ever had to hire a new employee knows just how tedious and costly the process can be. From creating a job description and advertising to interviews and screenings, there is a lot to get done. Though it’s certainly important to take your time in selecting the right person for the job, the more time and money you spend, the less energy and financial resources you have to utilize on other areas of the business. That’s why many businesses have turned to staffing agencies for assistance.
For those who are not aware, a staffing agency is an organization of recruiters who actively search for high quality candidates to fill various types of positions. Employers are then able to give specified criteria on the type of candidate they’re looking for and be matched with several options the staffing agency has. The employer then has the ability to hire them on a full-time, part-time, or temporary basis.
This process has afforded businesses benefits such as these listed below:
A lot of time is consumed during the hiring process. Employers spend a great deal of time posting the position, advertising it on various platforms, collecting resumes, reviewing resumes, scheduling interviews and, of course, actually conducting the interview. This time could multiply depending on how many vacancies a company has and how many candidates they’re interested in.
Staffing agencies take care of a lot of this, saving you time and energy. You simply tell them what your needs are, what you’re going rate is, and what the requirements are for the position. They will advertise and screen the applicants for you so that you don’t have to spend your time on it. With up-to-date technologies like an e signature for staffing companies, they can get important paperwork processed quickly so that you can fill the position more efficiently.
As an employer, you are responsible for paying employer taxes, benefits, and wages for each employee on your payroll. There is also the accrued cost of the hiring process, including advertising, screenings, and tests. As you can imagine, this number can get out of hand rather quickly. In fact, according to CNN Money, an employer can spend anywhere from $14,000 to $18,000 additional dollars on employee benefits and taxes. So an employee that is making a salary of $30,000 would actually cost you about $44,000 per year.
Staffing agencies also eat a lot of the costs of a new hire for you. They essentially advertise the position on their website as well as provide screenings and tests for the candidate to take. Also, employers have the option to hire candidates as temporary staff, which means they aren’t required to pay for benefits and other expenses.
When an employer has a position that is vacant for a while, the work can really pile up. In many instances, the work that needs to be done is disbursed among the staff. While this may work for a short period, when the staff is overloaded with extra work, they start to fall behind on their own assignments. Productivity is then slowed immensely as employees start to feel overwhelmed and agitated with their added responsibilities.
There are times when you may not necessarily need to hire an employee on a long-term basis. You may have a staff member that was injured, on pregnancy leave, or some other form of temporary absence. That means there’s a lot of work that could be sitting for weeks. Partnering with a staffing agency can help you be more flexible when times like these arise. They will already know what your needs are and can simply send you a candidate with the right skill set to help you out until your regular employee returns.
When you see the benefits of working with a staffing agency spelled out for you, it can make the decision to partner with a third party that much easier. Of course, there may be certain circumstances when you’d prefer to interview the candidate yourself, but having a team of professional recruiters on your side can prove beneficial. Staffing agencies save time, money, and provide peace of mind, so start looking for the best agency to fit your needs.