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How Outsourcing Labour Hire Can Help Reduce Business Costs

Hiring new employees can often be a very expensive and lengthy procedure but it’s something a company cannot avoid. The one way to ensure that the job gets done in a timely manner without any strain on the company’s resources and time is to engage the services of a labour hire firm. In doing so, you will be able to optimise your business operations in a variety of ways.

#1 Save Time And Money

Shortlisting competent and talented individuals with the right skill set isn’t an easy task. It takes a significant amount of patience, time and effort. Aside from this, that is never any guarantee that all the time invested in candidate-screening, conducting the interviews, inductions as well as onboard training, will actually help companies get the right candidates.

However, when you opt to engage the services of a labour hire firm, they have the expertise to manage this entire process efficiently. Not only will they interview the applicants but will also shortlist the best-suited candidates. In most instances, labor-hire agencies have a number of pre-screened employees with the right experience and qualifications for specific types of jobs.

This goes a long way toward reducing downtime for clients, as they are able to get new employees quickly, while the hiring agency tackles all the administrative tasks. When you outsource administration, it helps you reduce costs such as payroll as well as insurance.

#2 Greater Flexibility

A competent labour hire firm can give their clients a greater amount of flexibility by:

  • Being able to meet a peak in demand and organise for the different types of employees that you need for specific projects.
  • Options for covering holiday or sick leaves.
  • For companies that have cyclical production schedules, opting for the services of a labour hire company gives them the opportunity to manage various special projects.
  • Even if you have a one-time assignment requirement, you have the option to call the labour hire agency as and when required.
  • The agency will also have a larger pool of talent to draw from. They can provide you with different types of skills that their permanent employees might not have.

#3 Access To A Larger Number Of Services

Many labour hire agencies also offer full human resource services. For instance, they can interview candidates, perform background checks and call references. Sometimes, they may also cover time sheets, holiday time and pay. In addition, labour-hire firms have the expertise to manage key areas such as OHS as well.

While there are a large number of labour hire agencies in Australia, it important to ensure that you conduct a certain amount of research before you hire one. Make sure that the company has a good reputation in the market and that it is able to effectively cater to your specific needs. Check whether they provide any other HR-related services apart from labour hire.

Having a good labour hire agency in your corner is one of the best ways to improve the productivity of your existing employees, and ensure that you get a skilled and talented workforce. These steps can go a long way in reducing the overall costs for your business.

For effective and sustainable cost reduction opportunities & efficiencies that will increase your bottom line, contact the experts at Benchmark Cost Solutions at this number – 02 9525 0777. If you prefer, write to us at this email address, and we will revert quickly.

Thanks for reading,
Benchmark Cost Solutions Team
02 9525 0777