To escape the risks and time-consuming processes of filling open positions, employers who understand the benefits of staff leasing are jumping on the bandwagon. However, finding a suitable staff leasing provider can be daunting, especially when several options are available.
The good news is; with the right amount of information, you can make informed decisions to benefit your company. In this article, we’ve put together essential things you need to consider before choosing the staff leasing provider to work with.
6 Fundamental Factors to Look Out for When Choosing a Staff Leasing Provider
In your search for a good staff leasing company, you can rest assured that you’re in competent hands if the provider checks the following boxes:
1. Expertise and Industry Experience
Largely, the depth of the firm’s experience defines the quality of employees you’ll get. Staffing firms that specialize in specific industries have a better understanding of the unique needs and requirements of those industries. They know the job duties and qualifications required for particular positions and can help you find employees with the skills your company requires to thrive.
Additionally, an experienced staff leasing provider in your industry ideally has an extensive network of qualified candidates, making it easier to find the right employee for your business quickly. They also provide valuable insights into industry trends, such as salary ranges and benefits packages, helping you remain competitive.
2. Great Reputation
The reputation of the staffing company is a reflection of its ability to provide excellent service and deliver results. It gives you an idea of the quality of service to expect.
A reputable staffing organization will have a history of successful placements and satisfied clients, which can strongly indicate their ability to meet your needs. They may also have received awards or industry recognition for their services, further validating their prestige.
The internet has made things a lot easier. You can determine how strong the reputation of a staffing firm is by reading online reviews and ratings from other companies that have used their services. These reviews provide insights into the quality of service offered, the level of satisfaction among clients, and any potential problems or issues you should be aware of.
3. A Full Range of Services
Another important factor to consider is the range of services offered by the staff leasing provider. Choosing a staff leasing firm that provides a full range of services, such as recruitment, onboarding, payroll, employee training, and compliance, can simplify the process of staffing and managing your employees.
However, it’s essential to ensure that the provider offers services that align with your business’s needs. For instance, if you’re expanding to a new location, the staff leasing provider should be able to help you navigate the legal and regulatory requirements in that location.
In the same way, be sure to check if the staff leasing provider offers additional services such as HR management and benefits administration. These services can help streamline your business operations, allowing you to focus on other aspects of your business.
4. Legal Compliance
Considering legal compliance when choosing a staff leasing firm is critical because non-compliance with labor laws and regulations can lead to costly legal consequences, damage to your reputation, and potential disruption to your operations. Staff leasing firms act as the employer of record for their client’s employees, and as such, they are responsible for complying with employment laws and regulations.
There are a variety of employment laws and regulations that apply to staffing firms, including minimum wage and overtime laws, workers’ compensation insurance, anti-discrimination laws, and employee benefits requirements. Failure to comply with these laws and regulations can lead to lawsuits, fines, and penalties.
So, when choosing a staff leasing firm, ensure they have a strong track record of legal compliance. This way, you’ll be operating within the bounds of the law.
Conduct due diligence on a staff leasing firm’s compliance record before agreeing. This may require reviewing their compliance policies and procedures, verifying their compliance record through references and background checks, and ensuring they have the necessary licenses and certifications.
5. A Reasonable Price for Quality
Everything boils down to your budget. Considering the pricing of a staff leasing firm is essential because it can impact your staffing budget and the overall cost-effectiveness of your staffing solution. Staff leasing firms offer a range of pricing models, and it’s important to choose one that provides competitive pricing while delivering high-quality services.
While it may be tempting to choose the cheapest option available, it’s important to remember that the quality of service may be compromised. A staff leasing firm that offers a low price may cut corners or provide lower-quality candidates or services, which can ultimately cost you more in the long run.
You can compare pricing from different staffing firms and consider the value that each firm provides. Some firms may offer additional services or have a stronger track record of success, which can justify a higher price.
When comparing pricing, consider the total cost of staffing, including the cost of recruiting, training, payroll, benefits, and any other administrative charges. A staff leasing firm that provides comprehensive services may offer a better value than one that only provides basic staffing services.
6. Flexible Staffing Solutions
When researching a staff leasing provider to work with, consider choosing one that offers solutions tailored to meet your specific business needs. You want a provider that can adapt to your changing staffing requirements, whether you need more staff during peak periods or less during slower periods.
For example, if you experience unexpected growth, you may need to add additional employees to meet the increased demand quickly. A staff leasing firm with flexible contract terms can provide you with the necessary resources to make this transition run smoothly.
Similarly, a flexible contract can help you manage staffing costs more effectively. For example, if you only need temporary staff for a short-term project, a staff leasing firm that offers flexible contract terms can help you avoid paying for services that you don’t need.
Going a Step Further to Create a Checklist
Having a clear set of criteria and questions to evaluate staff leasing providers helps ensure that you’re considering all relevant factors. Here are 10 essential questions to include in your list:
• What kind of support and resources does the provider offer to ensure that our leased staff is adequately trained and integrated into our business?
• What is the provider’s experience working with businesses in our industry or with similar needs?
• How does the provider communicate and collaborate with our business and leased staff?
• What legal and regulatory compliance measures does the provider have in place to protect our business?
• What technology and tools does the provider use to manage leased staff and track performance metrics?
• Does the provider have a proven process for recruiting, screening and selecting candidates for leased staff positions?
• What kind of training and development programs does the provider offer to leased staff, and how do this impact staff performance and productivity?
• Does the provider have a clear and transparent process for resolving any issues or conflicts that may arise with leased staff?
• What kind of feedback and performance evaluation processes does the provider have in place to ensure that leased staff are meeting our business needs?
• How does the provider ensure that leased staff comply with our company policies, procedures, and code of conduct?
NEED A RELIABLE AND EXPERIENCED STAFF LEASING SOLUTION? RASO360 IS HERE FOR YOU
Raso360 is a longstanding firm with over 10 years of experience in providing staffing solutions to companies of different sizes. Our commitment to excellent service delivery has helped us build a reputation as one of the best companies to work with across the United States and the Philippines.
At Raso360, we put clients first. We listen to your goals and tailor our support to meet your business needs. So, whatever it is—whether you need temporary, temp-to-perm, or direct-hire staffing services—we have the expertise and resources to help you find the suitable candidates for your team.
