The recruitment industry is vital to the UK economy. It was a particularly fast growing sector in 2015, especially now the economy is starting to pick up again after a tough few years, and recruitment has appeared high on the agenda of many private and public companies.
Recruitment agencies provide the agility of a flexible workforce which allows companies to adapt to fluctuating business demands.
Shaped by the economic landscape a temporary workforce has become an integral asset to many business, the key to operating an effective temporary workforce is the accessibility to the right people, with the right skills at the right time.
1) Enables your business to adjust more easily and quickly to workload fluctuations
Recruitment agencies can quickly provide your business with qualified staff for when you have peaks and troughs within your business. Some common reasons companies hire temps include
- Employee absences: illness, holiday cover, maternity or disability leave, sudden departure
- Unexpected or temporary demands: special projects, seasonal or peak periods, employee shortages
2) Will save time and money
The cost of hiring temp workers is often cheaper than the cost of hiring permanent employees with benefits. In the short term, it's generally more cost-efficient to hire a temp while for jobs that are expected to last six months or longer, it may be beneficial to hire a full-time employee.
The best way to utilise temps is as ‘true temps’ who are people looking for a fixed term assignment to earn money to fund another purpose – it might be travel, study or a flexible lifestyle. Accept this and benefit from greater access to quality talent for temp roles, who don’t have the same expectations of a permanent workforce. Training, development and effective leadership are considered much less important than assignment stability and hourly pay rate. You may need to pay them a little bit more and if you do, it's worth paying more than your competitors for temps.
3) Hassle free. The agency does the hard work!
When you employ an agency, it becomes the temp worker’s employer rather than you. The agency is responsible for, and bears the financial burden of, recruiting, screening, testing and hiring workers, payroll expenses and paperwork, payroll and withholding taxes, right to work and eligibility checks, and pension contributions.
Pro tip: Check this out if you want to know about Agency Worker Regulations.
4) Can lead to long-term positive relationships
When you find a recruitment agency that provides a professional, quality service and referrals, and is experienced and accommodating, you may want to work with them exclusively. A good relationship with your temp staffing provider will go a long way toward meeting your company needs.