Temporary Staffing Agency, as the name suggests, helps companies to hire temporary workers, usually for a short duration. Temporary workers are a growing part of any economy, especially a fast-growing economy like India. While the pandemic swelled the ranks of temporary workers, their inherent flexibility keeps them at the forefront of staffing solutions.
Employees of Temporary staffing agencies offer small business owners a variety of benefits, including:
1- A cost-effective way to replace employees who go out on family leave, maternity leave, vacation, and sabbaticals.
2- The flexibility to keep staffing levels optimal as your business needs change.
The ability to try out potential future hires.
3- Temporary agencies usually charge an additional fee when you permanently hire their workers.
4- Your company may not possess experience and expertise.
Benefits that generally accrue for big organizations by availing the services of Temporary Staffing Agencies:
Major advantages of hiring temporary labor typically concern the cost savings that an employer might realize. To gain these advantages, an employer must compare temporary employees with the alternative of part-time and full-time regular employees. If an employer does not need regular labor, then the major advantage is scalability, conveniently being able to add or reduce the worker payroll per business needs.
2- Cost Savings
3- Sourcing Talent
4- Save Training Costs
Reasons for Employee turnover in an organization, which can be avoided with a Temporary Staffing Agency:
Termination: The company might lose employees due to termination and it incurs the cost to hire and train a new employee.
Resignation: Employees leave for a variety of reasons, including lack of promotion and unhappiness with a job, pay, peers or managers.
Promotion: You might experience staff turnover without an employee leaving your company, because of the promotion of an employee.
YOMA Multinational is one of the topmost Temporary Staffing Agencies having a PAN India presence in more than 24 states and is multi-specialized across industry verticals like BFSI, FMCG and Consumer products, Pharmaceuticals, Retail, Telecom, IT, BPO and ITES, Automobiles, Services, Manufacturing, Engineering, and other sectors.
Conclusion: The main objective of temporary staffing agencies is to match qualified candidates with clients looking to fill temporary, non-employee positions. Traditionally speaking, these specialized job agencies were formed to provide large businesses with a large volume of talent, but many have evolved to include temp-to-hire and, in some cases, full-time position placements. In those situations, the temp agency acts as a de facto, contracted human resources department, managing the hiring of the client’s short-term and long-term workers.
Reference links: Trainerguild