3 Ways Your Business Can Save Money With a Staffing Agency
January 28, 2020
Running a business can be an ongoing struggle between reducing expenses and increasing income. Human resources-related expenses are unavoidable, and you probably already know that competitive salaries and benefits are essential to attracting the best talent. But with every failed hire,
you lose thousands of dollars
on lost training costs and additional recruiting expenses.
A staffing agency can reduce your business's overhead, letting you keep more of that money in your business's bank account. Here are three major ways a staffing agency can cut your costs while ensuring you have the best team possible.
Eliminate Recruiting Expenses
When it's time to hire someone, you have to shift away from your daily duties to put time into recruiting. That means writing job descriptions, posting to various job boards, reviewing all the resumes coming in, and schedule and conducting interviews. Not only is your time valuable, but all this work can actually cost you. Some of the best job boards charge a fee, especially if you're trying to track down candidates with specialized expertise. A recruiter can handle all of these tasks for you, letting you focus your energy and resources to building your company.
Quicker Hiring and Onboarding
Every day a position sits unfilled, your business is losing money. Other team members may have to fill in, distracting them from their own work. Once you do find a good candidate, you'll have to invest time and energy into training and onboarding. A staffing agency has the expertise necessary to track down the best candidates for you, often maintaining a database of talented professionals to help find the perfect fit. That also means they can also often find someone with experience in the job you're filling, reducing the time and resources you'll spend training.
Improve Productivity and Efficiency
When the right candidate is matched with your job opening, that makes it more likely you'll find someone who can do the work efficiently. Over time, you'll find you save money simply because the candidate has the experience necessary to do the work well. All of this frees you and your employees up to focus on higher-level tasks, increasing your team's overall performance.
Express Pros has years of experience in matching the right candidates with job openings in a variety of industries. If you want to improve your hiring processes and save money, give us a call at (615) 441-8898 to find out how we can help keep your business's positions filled.