The world of business is made up of changing trends that move around day by day and can completely alter the value of a business. This makes running a business difficult unless you have a very niche type of service that you provide. That is exactly why business owners will hire the help of staffing companies.
When it comes to being successful as a business, staffing your company is basically half of the battle. No matter how good your business gameplan is, it must be executed by intelligent workers that are loyal to your business. There are some industries, such as the construction industry, that utilize a temp agency for temporary jobs. More than 3 million temporary and contract employees work for America’s staffing companies during an average week.
While some industries really benefit from using temp agencies, not everyone can be so lucky. If you are trying to staff your team with talented workers that are loyal, then look to the help of reliable staffing agencies. Here are the benefits of using the services of staffing companies.
Staffing Companies Can Help Establish Loyalty
Across the country, just about 22% of all new hires will leave their jobs within the first 45 days of being hired. This is incredibly dangerous for businesses as employee turnover can deal serious damage to a business’s finances. Understand that nearly $11 billion is lost to employee turnover nearly every single year.
Almost 57% of all organizations view employee retention as a serious problem. Furthermore, 46% of human resources professionals say retention is their greatest concern, followed by employee engagement at 36%. So be sure to look to the help of staffing companies to establish a strong sense of loyalty with your employees so that you can keep them under your employment.
New hires that undergo a structured onboarding program are 58% more likely to be with the company after three years. So this is just one method that can help a business work towards keeping employees and not losing them. The costs of employee turnover range from 30% to 150% of the employee’s salary. Do not let your business suffer this type of toll, look to staffing companies for help with hiring strategies.
Staffing Companies Implement Intelligent Hiring Strategies
Just about 93% of recruiters look at a candidate’s social media profile. This may seem minor on the surface, but many staffing solutions believe this is a good way to evaluate a candidate’s personality. The social media checking process can sometimes yield great results.
Some of the important things that staffing companies can do is creating strategies that keep employees engaged and happy beyond just the hiring process. A recent survey has revealed that 86% of companies with employee recognition programs cite an increase in worker happiness. This type of simple employee recognition program will make employees feel valued and will move them away from leaving a business.
Other strategies implemented by staffing companies involves hiring the right type of people. Research has revealed that companies with a diverse staff in regards to gender are 15% more likely to outperform their peers. On the same note, companies with a staff that is ethnically-diverse are just about 35% more likely to outperform their peers as well. so this just one way to make your business excel by just simply hiring the right employees.
In Conclusion
Any business owner looking to excel and avoid dealing with retention issues should consult with an HR expert or should just look for help from staffing companies. These are companies that specialize in helping businesses hire in employees, handle employees from a management perspective, as well as just handling the relationship between a business and employees. There are plenty of ways in which they can help a business do well!
