Are you able to optimize productivity and reduce risk on your own, without using workforce management solutions? In all likelihood, no. Managing the full spectrum of processes required to fulfill your responsibilities towards your employees and your organization is time- and effort-intensive. Keeping this work in-house isn’t cost-effective either. For these reasons, many staffing agencies utilize workforce solutions to grow quickly and manage risk effectively.
What are the benefits of workforce management solutions?
There are different types of workforce management solutions, ranging from payroll, time tracking, attendance, and employee engagement to project management, skills development, and staffing support. Workforce solutions allow you to stay compliant with labor laws and company policy, allocate people and resources strategically, and help maximize productivity and growth.
Drive growth with back-office services
Take the example of back-office functions, which include accounting, record maintenance, and regulatory compliance. Hiring staff and making office space for payroll and other back office operations isn’t cost-effective. You can instead use workforce solutions and benefit in the following ways:
- Save time on back office recruitment
- Streamline payroll processes
- Ensure error-free payroll calculations
- Maintain accurate attendance records based on leaves, holidays, and compensatory offs
- Track employees’ important information to gain their confidence and reduce turnover
- Control costs
- Focus on your daily business
- Move ahead with your growth plans
If you expect to add more employees and clients, your existing team will need to handle an increasing volume of payroll, tax administration, and accounting. Staffing management solutions can help you scale your back office in a cost-effective way. You can save time and costs to hire full-time staff, and access the capital you need to pursue your growth and expansion plans.
Overcome hiring challenges
When you’re starting out or expanding, one of your biggest challenges (and opportunities) will be hiring the right people for your agency. Staffing support services can step in to increase your hiring speed while you focus on your clients and core activities. They take care of all recruitment tasks from start to finish. Some, including Staffing Management Group, also provide logistical support to ensure a positive experience for hires located outside your city.
Workforce solutions can add value at any stage of your business. For example, if your cost-cutting strategy requires you to maintain a flexible workforce, you’ll be able to hire temporary staff more successfully.
Anticipate departures and need to fill roles ASAP? You don’t have to take time out of your daily duties to prepare, source, screen, select, hire, and onboard candidates. Staffing support solutions can take care of end-to-end recruiting for you.
Also consider the impact of slow hiring on your employees and business. Team members may have to do additional work, and the work overload may lead to dissatisfaction or burnout. Overtime pay can also eat into your profit. Workforce solutions providers handle the legal and technical details of recruitment, taking on all the risk, and helping you meet your hiring goals within a reasonable time.
While you incur a cost by using workforce management solutions, you get far more in value. You can keep costs low with our flat-fee pricing – talk to us to discuss your requirements and expectations.