As the holidays are fast approaching, the demand for temporary or seasonal workers will rise. According to data from the U.S. Bureau of Labor Statistics, employment in the final months of the year has risen by up to 20% the past 6 years. There’s no doubt a growing U.S. economy has contributed to the magnitude of this expansion. The benefits of hiring temporary workers to boost your company’s productivity during seasonal demands cannot be understated.
Some of the benefits of hiring temporary workers include:
Provide flexibility in uncertain economy
Smaller companies need to stay flexible when it comes to their workforce. Uncertain economic times are inevitable. Businesses are bound to experience periods of both increased and decreased customer demand. Being able to ramp up a workforce and, subsequently, scale it back when necessary is a very desirable tool for business owners.
Introduces your company to new skills
The myth that temporary workers tend to provide lower-level skills has been debunked. Temporary workers which are closely associated with Millennials entering the workforce or joining the Gig Economy, bring new skills and perspectives to their role that can, in turn, improve efficiency and streamline old processes. This is particularly true in our modern generation of technology-driven workers. Even if these workers are brought in briefly, the benefit to a permanent workforce remains long after they’ve left.
It saves money
Hiring full-time permanent employees can be time-consuming and expensive for companies that watch their budgets very closely. Although the methods of hiring temporary employees differs from company to company, staffing industry analysts agree that it is far more cost-effective than making a permanent hire. These cost-saving benefits include:
· Starting with hourly rates rather than salary
· Reduced, at least for the short term, availability to benefits and company perks
· Flexible hour schedules depending on your business needs
Can lead to long-lasting employees
Hiring workers for your short term assignments can very well lead to finding long-lasting employees that are the right fit for your workplace. With a temporary hire, a business can “test-drive” an employee, so to speak. Temporary workers provide employers with the chance of evaluating the worker during their assignment. This period can serve as a trial with the possibility of extending a permanent offer to your temporary workers.
It provides a better company morale
Some see the divide between temporary and permanent workers as difficult to overcome; we beg to differ. The addition of temporary workers can help the overall workplace mood. When companies find themselves shorthanded, their workers are often forced to work overtime, nights and weekends. This is when your employees get stressed, become exhausted and burn out. Adding extra help ensures that your core team stays happy and productive.
Whether you’re increasing your staff for the holiday rush or bringing extra help for special projects, short-term workers can help your company meet demand during a crucial time of year which will ultimately increase your business revenue and make your business succeed.
Of course, fulfilling your seasonal workload with temporary or seasonal workers comes with its own set of challenges. From questions on how to find such a worker in an extremely competitive labor market to training them and keeping them productive during their assignment. When you’re ready to reap the benefits of adding temporary or seasonal workers to your workforce, feel free to contact our experienced team at NexusCW.