Why Staffing Agencies are Critical to Start Up Success!
As noted in Business News Daily, one common misconception behind staffing agencies is that they are costly. With upfront costs being a concern, it is easy to over look the potential savings working with an agency can have with any company, especially startup companies. Overlooking these potential savings could be the difference between startups’ success or failure.
The cost of hiring an employee is set while working with a staffing agency. Not only is this price point set within the initial negotiations, but a company is also able to offload the time it would take for their own employee to find their candidates. Finding the right employee can take months for any company alone, even with those who have dedicated recruitment teams. And for those months spent, the company is required to pay their salaried employees to procure viable candidates, as well as, for the resources they will need to locate them.
For startups, usually lacking a dedicated recruitment team, their salaried employees now have the responsibility of discovering potential candidates, pulling them away from their usual responsibilities. This increases the length of time spent on business goals and therefore increases money spent on achieving them as well.
Here is how a staffing agency solves these problems to ensure startup success:
- Cost Effective
Startups are able to better budget with set cost expectations and reallocate expenditures, rather than leaving potential costs of finding a candidate unknown.
- Time Saving/ Goal Achievement
Time spent searching is saved for startup employees. It can then be redistributed to further achieve the company’s goals within their business model; therefore, dollars are no longer wasted on time spent searching, but rather reinvested into their business.
- Stress Relief
In relation to saving time, through reallocating these staffing responsibilities, startups are able to relieve stress, known to increase employee performance due to the increase in comfortability in the workplace environment.
- Different Types of Hiring
Different types of hiring are provided for companies, including temporary to hire contracts. By providing this flexibility, startups can “try before the buy” their future employee.
- Exemplary Candidates
With their reputation on the line, agencies only provide candidates they feel confident match both the requirements and work culture of the client, increasing the confidence for the client in the selection process and the startup’s future employee.
- Fill Openings Faster
Staffing agencies specialize in identifying valuable skill sets to fit specific job parameters and develop relationships with potential talent. They know exactly where to look and how to communicate to talent, speeding up the time frame it will take to fill a position.
This difference in cost and time could make or break a startup and Moore Staffing has seen this first hand. By providing support, we have seen the success of startups increase exponentially when employees within the company are able to keep to their described responsibilities, while we are able to quickly fill the roles needed. We fully support the innovations and creativity coming from local startups as they challenge the current industry standards and push boundaries.
For more information, here are a few articles that Moore Staffing has enjoyed: