Financial Benefits to Using a Staffing Agency
June 09, 2020
Keeping your business fully staffed is expensive. Ideally, you'll build a team of reliable professionals who perform for decades with no resignations. But we all know that won't happen. Eventually someone will leave, someone else will retire, and you may even have to fire a poorly performing team member.
Whatever the reason someone leaves, you'll someday find that your business is shorthanded. The work of recruiting, interviewing, and onboarding takes time out of your already busy schedule, and time is money. If you make the wrong decision, the cost of terminating and replacing an employee you've already trained only adds to the expense.
The good news is, you can outsource your hiring to a staffing agency. This not only frees up your time, but it also ups the odds you'll find the right employee the first time around. Here are a few financial benefits you'll get from working with a staffing agency.
Sourcing Candidates
Think of your staffing agency as a matchmaker. When you contract with a recruiter, you get access to that agency's extensive list of skilled candidates currently looking for work. But even better, instead of having to sort through that list to find the best match for your job opening, you turn the duty over to the staffing agency, who goes through the list and selects the right person.
Advertising Openings
Do you know where to post your job openings to reach the best talent in the industry and your area? Even if you do, a staffing agency can go beyond that, accessing job boards you may not even know exist. Better yet, staffing agencies typically work year-round to recruit qualified candidates and have them on hold for the perfect opportunity. Since marketing your job openings takes time and, in some cases, money, a staffing agency can bring financial benefits in that area.
Reduce Turnover
One of the biggest financial benefits of a staffing agency is that you hire the right person the first time around. That means your HR team and employees only have to work to bring a new hire on once for each opening. You won't have to go through the time-consuming and painful process of terminating someone, as well. The right person will be placed in the job from the start, which is the best scenario for everyone.
Express Pros works with businesses across the country to find the right fit for every job opening. If you'd like to learn more about how a staffing agency can benefit your business, give us a call at (615) 441-8898.