Many businesses want flexibility in their workforces in the fast-paced business environment of today. The American Staffing Association estimates that in 2021, staffing firms in the US employed 2.8 million temporary and contract workers on average each day. According to the New Jersey Department of Labor and Workforce Development, there will be over 300,000 temporary and contract workers employed in New Jersey alone in 2020. These figures show how organisations are adopting temporary workforce options at an increasing pace.
Find Skilled Staff Quickly and Efficiently
Businesses may swiftly and effectively discover the qualified employees they require with the aid of a temporary staffing service. A CareerBuilder poll found that 54% of businesses have employed temporary or contract workers who ultimately transitioned to full-time positions. This illustrates the importance of temporary hiring options as a tool for companies to identify and evaluate new talent before making a long-term appointment.
Flexibility to Meet Business Needs
The flexibility that temporary workforce solutions provide is one of its key benefits. For a specific project, a seasonal rush, or even for a day or two to fill in for unforeseen absences, businesses might recruit temporary staff. In a survey conducted by the National Association of Professional Employer Organizations, 94% of companies who hire staffing agencies or professional employer organisations (PEOs) claim that using these services has improved their operations. This shows that temporary employment options can give organisations the flexibility they require to meet their specific staffing requirements.
Cost Savings for Your Business
For organisations, temporary staffing solution also result in cost savings. Payroll processing, benefits, and taxes are just a few of the additional expenses that come with hiring full-time workers. The Association for Human Resource Management estimates that businesses spend $4,425 on average per hire. On the other hand, temporary employees are paid by the staffing agency, which covers all of these expenses. As a result, businesses save labour costs and boost their bottom line by only paying for the people they really use.
Support from Your Staffing Agency
Working with a staffing agency also has the benefit of their support. Payroll, taxes, and insurance are all handled by the agency, freeing up firms to concentrate on their core competencies. A National Association of Professional Employer Organizations survey found that companies who hire PEOs or staffing agencies have a 50% lower failure rate than those that don’t. This exemplifies the importance of the assistance given by staffing companies in assisting organisations to succeed.
Conclusion
As a result, businesses in New Jersey can benefit from the flexibility, financial savings, and assistance they require to thrive in the current competitive business environment by utilizing temporary staffing solutions. Businesses clearly understand the advantages of temporary staffing solutions as the number of contract and temporary workers keeps growing. Businesses can rapidly locate qualified temporary employees to fill their needs by engaging with a staffing agency without having to sign long-term employment contracts or pay additional fees. Consider working with a staffing agency in New Jersey if you’re seeking for a flexible staffing solution for your company.