In many businesses, payroll is one of the largest line items on a company’s budget. Deciding whether to add on more staff can therefore be a very difficult decision to make. In some cases, adding staff can strategically help drive a great deal of profit to a company’s bottom line.
So when do you know whether or not it’s time to hire? Here are a few warning signs:
- When “bottlenecks” are holding up production.
If you find that a certain area of your business is continually hindering your process, then it’s time to evaluate your talent needs. In many cases, adding one or two skilled professionals can have a dramatic effect on production and profits.
- When you miss out on new business because you don’t have the support you need.
As a business professional, you’ve probably had many great ideas for new business ventures. However, you may not have had the resources to properly and effectively implement those plans. With the additions of temporary or contract workers, you can tap into the resources you need, when you need them, in order to take on new opportunities and grow your business – whether that means hiring a contract IT guru to improve information security, or taking on litigation specialists for a special case.
- When undertaking a “do-it-yourself” approach begins distracting you from your core job duties. Instead of taking the time to learn a new skill on your own or spending hours trying to train your staff, bringing on an experienced contract employee who can offer you the knowledge and capabilities you need on a temporary basis can ease your load. Doing so eliminates a learning curve and prevents worry about the cost of hiring a full time employee, once the project is finished.
If you’re faced with any of these challenges, Triumph Professional Staffing can help. As a leading staffing and recruiting agency, we can provide on-demand temporary staff to help eliminate bottlenecks, or recruit people with the specific skill sets you need.