Temporary staffing
Temporary staffing is when companies hire staff for a short period, i.e., a temporary period. Companies need to hire temporary staff to meet the temporary requirement of staff & they do not need to get compliant with the HR policies, such as leave management, payroll, benefits administration, joining formalities, etc.
Temporary employees are needed when companies require meeting short-term business goals and do not have to hire permanent staff that can increase company cost. In some rare cases, a few employees voluntarily want to join temporarily so that it doesn’t require them to be hired for full-time work.
The temporary staff hiring process helps companies in many ways. It helps to increase the work volume of the company that doesn’t make any burden on the regular employees; also, it increases the revenue & profit eventually.
Goal of temporary Staffing
The primary goal of temporary staffing is employing individuals for doing temporary work so that massive contractual work does not go away for the lack of permanent employees. As the temporary employees are not on the permanent payroll & do their work to take the workload from the permanent employees, the whole temporary staffing process helps the company to reach cost optimization & makes the existing employees more productive.
With new reforms in technologies that change the management system on regular basis, organizations now look for hiring temporary staff via staffing firms. Following are the main reasons behind adopting temporary staffing by firms.
- To Run Business Efficiently: Temporary staffing enhances the productivity & focus of employees so that the business can run efficiently.
- To Make the Hiring Process Hassle-Free: the temporary staff hiring doesn’t require being compliant with management & labor laws. The hiring process becomes hassle-free, easier & free of chaos.
- To Match the Emerging Markets: Temporary staffs are quality trained most of the time so that they can match the standard of emerging markets.
- To Bring Flexibility to the Organization: In the case of temporary staffing, the company doesn’t require meeting the HR compliance. So, it brings flexibility to the organization.
- To Meet Cost Optimization: Temporary staff hiring helps the organization optimizing cost in the long run by minimizing the cost of hiring new staff.
- To Achieve Benefits of Scale: Temporary staffing lets companies enjoy the benefits of scale in the short run by cutting per unit cost & increasing the efficiency of employees.
Recruitment agency
A recruitment agency is a kind of organization that works as middlemen between employers & job seekers. They work on the behalf of employers which helps to find suitable candidates to fill up their vacancies. Agencies are entitled to look for the best possible talents alongside the candidate’s preferable job & job position.
An employment agency matches employees to employers. Various private businesses act as employment agencies to mitigate the shortage of job information. It helps candidates to find it suitable in exchange for a small amount of money. It refers to selected candidates with a preliminary interview with the company. The company then picks up the most preferred candidate from the shortlist. Sometimes, the company itself asks the agency to conduct the final stage of the recruitment process.
The main difference between temporary staffing agency & recruitment agency is that temporary staffing agency focuses on the temporary needs of the employee base. On the other hand, recruitment agency focuses on the long-term employee need of clients.
Reasons to adopt agency
Below are a few reasons to adopt a recruitment agency:
- To solidify long-term growth: companies look for employees with top qualities so that they can contribute to the long-term growth of the company by utilizing their talent.
- To broaden up hiring resources: internal hiring resources are limited and companies need to broaden up the candidate outreach efforts so that the hiring process can be expanded.
- Lessens the work of the company: the recruitment agency itself works as the hiring mentor of skilled candidates. It chooses the candidates based on skill & company fit. Thus, it lessens the work of companies.
- Reduces recruiting time & cost: industries & companies with high turnover rates need to act proactively to place employees to reduce the recruiting cost & time to hire.
Though recruitment agencies hire employees for a permanent period, it can still place an employee for a limited & temporary period. Recruitment agencies take a more strategic approach to place candidates in increasing employee turnover by building a strong partnership with companies.
Punit