Are temporary workers cost-effective?

November 8, 2020

Smiling-Workers

Using a staffing firm to bring on temporary workers can be a GREAT solution, but in some cases, it may not be the right fit. Full-time employees can be challenging to recruit, and they are really an investment by the company. For the time and money spent on recruiting and training, you would want an employee to buy into the company, develop into a better worker, and stay long term. Sometimes, though, you don’t have the time or ability to hire new workers, or you don’t need them for a very long period of time. These are ideal times to bring in temporary workers.

Agency Handles Benefits

Maybe the most obvious benefit is not having to pay benefits! Temporary workers are paid just for the hours they work, unlike full-time workers, who get other benefits like health insurance that can significantly add to the cost of their overall compensation. In fact, a full-time worker’s compensation will typically be 1.25 to 1.4 times their base salary, coming in at about $52,000 of real compensation to pay for a position advertising $40,000 a year.

Avoid Downtime Pay

Seasonal industries or industries with a lot of downtime are perfect for bringing in temporary workers. It gives companies the flexibility to scale their workforce up or down based on market fluctuations. For example, you have a large upcoming project that has a strict deadline, bring in temps to fill in and keep your full-time employees on the more specialized tasks. Even just reducing the amount of overtime that full-time employees have to do can work wonders for their psychological state and productivity.

Fill in for Unexpected Absences

Unexpected absences happen and when they do you need to be prepared. Specialized Temps can often be ready to work within a day or two from the time of your request. It is recommended to have a temp agency on hand to help mitigate the lost productivity from short and long-term absences.

Mitigate Employment Expenses

Companies struggle with managing employment issues such as worker’s compensation, general liability, payroll, wage garnishments, child support, and taxes. Temp staffing agencies, like Enterprise Staffing, handle all of those issues, in fact, we specialize in it. Our job is to make your business run smoothly while saving you time and money.

Discover Talent

Oftentimes, the best employees start as temp workers. Fortunately, when you use staffing, you have the option to pick and choose who you want to stay on your team. Each employee is different, some want to stay temps, others want to be hired directly. The process of staffing gives you a distinct advantage over your competition because you have the pick of some of the most qualified individuals before you have to commit to hiring them. Stay ahead of your competition!

Increased Productivity When You Need It Most

Temporary workers can also help productivity by alleviating extra work from full-time workers. If the company is experiencing a busy period, they can hire temporary workers to do some of the additional work in order to get their core full-time workers out of the weeds. That way, you can keep up with demand while evaluating whether you need to make full-time hiring decisions. Or a growing company with a number of different needs unmet by current employees could hire several temporary workers to fill in while the company evaluates the best course of action for the future.

The Cost-Effective Solution You’ve Been Looking For

Staffing saves companies money and lots of it! When a company sees quick growth or expansion, they need staff fast. Enterprise Staffing can build your staff and when the project is complete, the labor then can be assigned to other jobs and companies. This will save a ton of time, money and effort as well as the added embarrassment of laying off your workforce. Furthermore, temp employees are covered under the insurance of Enterprise Staffing so we bear all the responsibilities and you still maintain regular control of your temps as though they are part of your full-time workforce. The compensation cost is also significantly lower; full-time workers, with benefits, payroll tax, etc. can be quite expensive. Furthermore, it can be difficult to attract good workers on demand, and expensive to recruit and train them. So if you know you need more help, but don’t want to go through the whole process, temporary workers are an excellent, easily available option for good short-term and long-term work.

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