Just about everyone at this point has had experience with staffing and recruiting services. No matter which side of the process you are on, the industry can leave you feeling mislead and uncertain.
Simply put, the nature of finding talent has changed. COVID-19 practically changed the look of staffing and recruiting overnight, with digital platforms becoming the most used method in hiring processes.
While the switch to digital has been efficient, the average time and money a company spends to find and hire new positions are costly. Depending on the position and pay scale, it can be difficult to estimate just how much this process costs a company:
“According to Glassdoor, the average company in the United States spends about $4,000 to hire a new employee, taking up to 52 days to fill a position.
If you’re replacing someone instead of filling a new position, stakes get even higher – replacing someone can cost you up to 50-60% of their annual salary. Turnover can be quite costly, summing up to a total of 90-200% of an employee’s annual salary.”
- Mile Zivkovic (toggl.com)
Looking at those numbers, it is easy to see just how the time spent and expenses begin to pile on.
When using staffing and recruiting services through a trusted PEO such as Integrity HR Management, the average turnaround time for clients is one week, cutting the time spent searching for quality talent down considerably.
In addition, Integrity’s rates are noticeably more affordable, as clients have access to rates as low as 10% of a position’s annual salary.
When using a PEO for recruiting, companies are able to spend more time on their daily routines and focus on running their businesses.
So, why should you choose a PEO? Your company will save:
Unsure of how to get started? Not a client? Contact us today at (830) 331-1300 to see how we can optimize your organization’s staffing and recruiting efforts.