The value of temporary employees in a down economy

These days, even if you're tightening budgets or downsizing full-time staff, chances are your workload isn't getting smaller – you're just doing the same amount of work, or more, with less. That's why, even though times aren't great, it is a great time to consider temporary staffing.
Temporary professionals can help you keep costs down and productivity up by providing:

More productivity.
Think about it – temporary employees usually don't participate in unnecessary meetings or have strong social relationships with their co-workers. Since they're free from many of the distractions that can make other workers less efficient, temporary employees can deliver tremendous cost savings and significant increases in output.
In addition, it is incredibly inefficient to understaff or underutilize your existing personnel. When workers put in long hours, there is a greater chance they will make errors and their productivity will drop leading to more costs and compromised quality.

More savings.
Even in this down economy, benefit costs continue to soar. With temporary associates, you don't absorb these costs as you would with full-time employees, which helps you save substantially.

More flexibility.
You know your business has dips and peaks in its workload – especially in this environment. However, when you add full-time staff, you need to expend time and resources to bring them up to speed. And when you reduce your full-time workforce, you run the risk of causing dips in morale.
Using temporary employees during peak times, such as tax season or year-end close, helps you handle the increased workload without the fixed costs associated with full-time employees.

Temporary staffing: a smart strategy.
Flexible temporary staffing ensures you are never understaffed or underutilizing your personnel. By supplementing your core of full-time employees with skilled temporary workers, you can overcome challenges like cost containment and fluctuations in workload. When demand is up, you can count on your temporary workforce to help. And when demand drops, you can adjust your temporary workforce – not your full-time staff – and avoid morale problems.

 

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