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What are Cost Effective Options for Finding Labor Support as Your Business Grows?

Posted by Infinit-O on Jul 29, 2018 11:01:01 PM

Topics: Outsourcing

What are Cost Effective Options for Finding Labor Support as Your Business Grows?

The balance between high quality labor support and cost effectiveness is one that many business owners find difficult to achieve. If your business is growing then it is inevitable that you will need to find additional labor support on a regular basis. There are a number of affordable options available if you are in need of additional help. Four options for finding labor support that can be cost effective include seasonal help, freelancers, temporary labor, and outsourcing.

Seasonal help

Seasonal help can be a cost effective option when you need some help but are not looking for permanent employees. Oftentimes seasonal help is also part-time which means you do not have to incur many of the costs that come with full-time employees. As you learn about the typical ebbs and flows of your business you can determine if seasonal labor is the best choice for your situation.

Freelancers

Freelancers are typically a flexible labor source to work with because they do not require traditional office hours or space. They can also be a cost effective labor source because you can negotiate with freelancers on how and what you pay them. You can set them up on a per hour or per project basis. This can save you money because you only pay for the work completed-no wasted time on the clock. In addition, freelancers can save you money because they do not require the same type of benefits that traditional employees do.

Temporary labor

Temporary labor is an affordable option for filling unexpected labor needs as your business grows. You can gain quick access to temporary labor because the staffing agency maintains a pool of people available to work immediately. This can be a cost effective option because you can minimize the time you spend looking for the help you need. In addition, you can use the temp labor as necessary and avoid paying for non-productive time.

Outsourcing

Outsourcing has many things in common with the other three labor sources mentioned above. With outsourcing you can avoid the cost of benefits that come with full time employees-just like you can with seasonal help, freelancers, and temp labor. A unique benefit of outsourcing is that you do not have to be directly involved in the hiring process as your needs grow. The outsourcing company can add additional labor to your team as your needs grow. This can save you an enormous amount of time which will ultimately result in cost savings.

It is possible to keep your labor costs down as your business grows. Consider the four options mentioned above the next time you need to find additional labor support. One of these options, or a combination, can help you find the help you need at a cost you can afford.

Ultimate Guide to Reducing Labor Costs Through Outsourcing


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