Hiring temporary employees through a recruiting agency can provide many benefits to your company, including increased productivity, reduced costs associated with hiring and training full-time employees, and increased staffing flexibility in times of high demand or slow seasonality. However, hiring temporary employees may not always be the best solution for your company or team. We'll uncover when to hire temporary and employees and the benefits:
When to hire temporary employees
Recruiting agencies can provide companies with temporary workers to help with special projects, fill-in gaps in staffing, or take over while permanent staff members are on leave. According to a report from staffing agency Kavaliro, 80 percent of all temporary employees are hired through an agency for short-term assignments of six months or less. It's estimated that more than $62 billion is spent annually on temporary employment services in North America.
Financial benefits
Since recruiting agencies generally pay temporary employees hourly wages, you don't need to give them benefits or full-time salaries. This can mean big savings for your company on health care, vacation time, and other benefits. While temporary employees may not have access to all of your company's benefits, they are usually more than willing to work a few hours a week on an as-needed basis, making it easier for you to quickly fill in any holes in your staff without having to hire full-time employees.
Flexibility
Recruiting agencies often provide a solution for short-term staffing needs, offering a wide variety of highly skilled workers with flexible, temporary contracts. If you have an unexpected staff shortage or project deadline, for example, you can tap into a recruiting agency's database of available employees to help plug any gaps in your team. Some companies prefer to use temps on a long-term basis, such as those that find themselves consistently understaffed due to high employee turnover rates. Rather than invest time and resources in training new employees who will eventually leave, these employers may prefer instead to outsource their workforce and pay only for individuals they need when they need them.
Efficiency
The right recruiting agency can bring a level of efficiency to your business that you wouldn't be able to achieve on your own. Specialized recruiters are experts in matching candidates to positions and can help you fill open spots quickly, making their value obvious. What's more, many agencies already have existing relationships with available talent in their network who might be able to start working for you immediately. Recruiters specialize in filling roles across all industries, ensuring they always have contractors available when needed. They also connect companies with specialized resources like creatives or sales executives – resources that may not otherwise be accessible through a traditional job board or social media listing.
Are you considering hiring temporary employees for your next project or to help support your team on an as-needed basis? Market Hero is here to help find the best talent for your company and team. Let's Talk.