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Looking to improve
operating margins in your business? Then take a look at your staffing strategy.
From the assembly
line to the executive office, effective staffing is essential to maximizing
profitability.
Below are 10
practical strategies for using staffing to reduce overhead, manage operating
costs, and improve organizational performance.
Convert
Fixed Cost to Variable
If your company is
like most, labor is the biggest line item on your P&L. To minimize that expense,
implement a planned staffing model. Reduce core staff to levels necessary to
maintain normal operations. Then partner with Oprandi Staffing Solutions to
supplement your staff with trained temporary personnel to meet peak production
demands as needed. This strategy is particularly effective for industrial labor,
as well as for technical and professional projects.
Eliminate
Overtime
Overtime is an extremely expensive way to get work
done. Using Oprandi Staffing Solutions employees in place of overtime can reduce
labor costs by 20% or more.
Limit
Benefits Expense
On average, benefits cost 20% - 25% in excess of
payroll expenses. Where appropriate, use Oprandi Staffing Solutions employees
(employees who are paid through a staffing firm or professional employment
service) to eliminate benefits expense. This option is most often used for
interns, project professionals, and other short-term employees. Using Oprandi
Staffing Solutions employees in place of independent contractors will also
reduce your employment risks.
Reduce
Training Costs, Scrap & Rework
Training is expensive—and not just the hard dollar
cost of the training program. There are also the soft costs of lower
productivity and poorer quality that result from employing novice staff. Cut
training costs and improve quality and productivity by employing skilled Oprandi
Staffing Solutions employees. By working closely with a Staffing
Coordinator, you can
gain access to candidates who are well-trained and have experience in the skills
you need. To enhance productivity further, partner with Oprandi Staffing
Solutions to create an initial orientation and training program for new hires.
Shift
Administrative Burden
When you use
Oprandi Staffing Solutions
staff instead
of direct hires, all costs associated with processing and
administering payroll and benefits are transferred from your company
to us.
Prevent
Unemployment Claims
Unlike short-term direct
employees, temporary personnel work for Oprandi Staffing Solutions —not you.
Consequently, their unemployment claims don’t affect your rating or your bottom
line.
Reduce
the Risk of Hiring Mistakes
A bad hire can cost you
between two and seven times the employee’s annual salary. Oprandi Staffing
Solutions follows rigorous screening procedures for both temporary personnel and
direct hires, which increases your chances of getting the right person. They
will most often provide candidates who not only possess the skills and
experience you require, but who also have the personality traits needed to
thrive in your work environment. To further reduce your hiring risk, you can
also take advantage of Oprandi Staffing Solutions temp-to-hire services and
direct placement guarantees.
Take
Advantage of a Staffing Firm’s HR Capabilities
If hiring duties are sidetracking your key
employees, use Oprandi Staffing Solutions to handle screening, testing,
interviewing, and reference checking. Our expertise can free your personnel to
concentrate on critical activities, and can reduce your time to hire.
Cut
Costs by Hiring
Capacity constraints are a significant source of
cost. Constraints may affect the throughput of a plant or the productivity of an
executive. To eliminate the bottlenecks, consider adding temporary or full-time
staff. Bringing in administrative support frees key personnel to focus on core
job duties (not only do you get a more productive employee, but the
administrative work gets done for significantly less cost). Add
labor to relieve process constraints and improve productivity. Use technical and
professional temps to keep projects on track. By adding the right people, work
will get done more efficiently, with less administrative headache, and for less
cost.
Avert
Costs Associated with Burnout
Many companies may take
the concept of “lean thinking” too far. They push direct staff to produce
more with fewer resources. And as the stress increases, so do problems with
quality, productivity, absenteeism, and turnover. Take the pressure off by
using Oprandi Staffing Solutions employees. The additional personnel will
help your staff avoid burnout, reduce the cost of defects, avoid
productivity losses, and limit turnover expense.
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