The Key To Scaling Up Without Ramping Up Costs? Temp To Perm
Regardless of industry, many businesses are painfully aware that recruiting new staff members doesn’t come cheap. In fact, the average cost of hiring a single employee is currently between £3,500 to £6,000, depending on their level of seniority. Add to that the price of getting these individuals up to speed with your processes and procedures (around £1,000 per person), and things can get very expensive, very quickly.
These figures put pressure on employers to get it right first time, especially before busy periods. But that’s easier said than done. If you want to save on recruitment and training costs while ensuring you meet vital project deadlines, you may need to reconsider the way you hire.
Here, we discuss how temp to perm could be the way forward, saving your organisation time and money in the long run. Read on to find out more.
There’s no denying that there are many benefits to hiring permanent employees, yet for some businesses, the cons can outweigh the pros. Instantly recruiting and training long-term staff is generally more expensive than hiring temporary workers. And it can be extremely risky. Employ the wrong person and you could harm productivity, damage your reputation and experience huge financial losses for your business.
That’s why many employers are following a different strategy. The ‘try before you buy’ model enables you to reduce risk, gain time, and save on recruitment and training costs. How? By giving you the opportunity to evaluate a candidate’s skills and culture fit, prior to making the full commitment.
Once you feel confident that the individual is a good prospect for your business, you can give them the option to become a permanent part of the team. It’s that simple! But if you’re new to this way of recruiting, it may be wise to hand the responsibility over to a professional. Otherwise, you could end up wasting more time (and money).
Our temp-to-perm approach
Sourcing, interviewing, onboarding, and training candidates is a huge task that can take up a lot of resources. That’s why we want to help. At hap, we provide flexible workforce solutions for businesses like yours. We’ll work closely with your company to understand your expectations, then source the most suitable temp-to-perm candidates for the job.
As soon as we’ve found the best match, we’ll interview and train them in house. This means the candidate will be fully prepared for the role from day one, and you save time and money that can be put back into the business. You’ll then have three months to decide if you want to make the individual a permanent staff member, by which point, they’ll already know the ropes.
Choose hap for your hiring needs
Although you might not like to admit it, Christmas is just around the corner, so you’ll soon need extra staff to cover your busy periods. You might find that you just don’t have the time to spend on recruitment, but not to worry! At hap solutions group, we have access to a broad range of talent and can quickly source, interview and train skilled market research, call centre, and warehouse candidates for your business.