After the pandemic changed the world and forced companies to rethink their work arrangements, employees have gone on to do their duties from home. While some companies can fully embrace a work-from-home setup, some simply cannot and must coordinate return-to-office efforts.
Several services only work when performed face-to-face while others simply yield superior results when done in person. However, this does not eliminate the fact that enterprises everywhere face an unsure economy and fickle health guidelines. It has also become apparent that employees changed their routines and their lives may descend into chaos should they return to the office full-time.
For example, if your staff have children, they may rethink their childcare options and have no choice but to leave if it’s not financially feasible. You must also consider the vaccination status of all your employees to provide a safe working environment for everyone.
All of this considered, your business may need to look at ways to keep personnel lean by relying on contractual employees to minimize the economic risks. In this article, we talk about how you can keep a full staff through RTO without worrying too much about overhead costs.
Help Your Business Save On Recruitment Costs
The Society for Human Resource Management (SHRM) averages the cost of each new hire to be at least $4,700. Take note that this figure is only applicable for recruitment of low to mid-positions. If hiring for upper management positions, acquisition costs can be three to four times more than the job’s annual salary.
These costs consider the resources spent to source, interview, and onboard candidates. This takes a considerable amount of money and time; time better allocated strategizing for your business and money better spent to safeguard your business from difficulties.
Working with a staffing company can help your business avoid these hiring costs because you’ll be presented with only the most qualified candidates for the job.
Aid in Mitigating Risks Associated with RTO
Unstable economies and COVID resurgences pose a huge risk to businesses looking to return to the office. You might hire someone full-time only to have to let them go because of sudden changes in business operating regulations. These cases can lead to significant financial losses for your business because of the fees you’ll need to pay such as unemployment insurance and severance pay. It can also damage team morale and the view of your enterprise in the eyes of future prospective employees.
Employing a staffing company provides you with a low-risk option of hiring contractual employees. This benefit allows you to judge if your new talent fits with your culture and if it’s feasible to keep that position filled.
Provide You With Up-To-Date Knowledge
Whether you’re looking to employ full-time or planning to do the job yourself, you must see to the proper execution of the job with up-to-date knowledge. If you fail to do this right, it may lead to hefty fines from governing bodies.
This is especially crucial when it comes to your finances. Taxation laws are always changing and can vary from state to state. So, if you don’t possess the expertise to comply with all these regulations, you may find yourself charged with fines. So, it may be in your best interest to find a financing staffing company that can help you navigate these processes.
Offload Administrative Services to Focus on Core Business Functions
Return to office will require you to fulfill safety requirements such as sanitizing procedures, employee vaccination recordkeeping, and communications should anyone on your team test positive for COVID. It will also require you to review OSHA guidelines to ensure that your company is compliant with its orders. This kind of administrative work can be taxing and keep you from focusing on growing your business.
By relying on a staffing agency’s services, you can hire a contractual employee to help you get started on complying with these requirements so you can focus on your business’s growth.
Solve Your Staffing Needs
Hiring for the long term during these inauspicious times can lead to financial difficulties in the future. By using a staffing agency’s services, you can ensure the longevity of your business by hiring only when you need to. If you’re looking for a staffing company that you can trust, you can contact blueStone Staffing Solutions to help you find in-demand professionals that will keep your costs low while retaining high-quality work. Reach out to us today to see how we can help.
blueStone Staffing is a Certified Woman-Owned IT Staffing Company. We were founded in 2002. One of North America’s premier staffing firms, we assist mid-tier to Fortune 500 clients. We find talented candidates that can help complete your project on time and within budget. Our company is transforming the staffing industry. blueStone has excelled over the last 19 years, becoming the vendor of choice for many of the Fortune 1000 companies located in the United States. We hope to be the consultant that you trust your professional IT project needs to! We will surround you with meaningful attention. Our team creates long-term relationships with our clients, candidates, and associates. In brief, we help great people execute their vision.