retention rates – LPC Personnel

Running a business is hard work. Even if you have a fully staffed team and everything seems to be operating smoothly, there could still be some underlying issues at hand, the eradication of which could empower your business to thrive. Sometimes, that means bringing in an outside source like a staffing agency.

Many companies across the US work with staffing firms to help find the best possible talent for their team. In fact, according to a recent survey, around half of all hiring managers said they planned to increase their use of staffing firms over the next five years – and for good reason. Staffing agencies do more than simply place workers into your open positions. Partnering with one can present a number of benefits that help your business operate at full capacity in both the short and long term. But how do you know when you need one?

There are some telltale signs that your operation could benefit from the help of a staffing agency. Here are some of them!

Low Retention Rates

Are you finding that you are having to replace your staff every few months? Low retention rates can lead to a number of other problems, most notably the excessive time, energy and money spent on replacing your staff. The average cost per hire is around $4,000 – but the cost of replacing a bad hire can be up to ten times more. Also, consistently bringing in new team members makes it difficult to establish a strong company culture.

Good recruiters, like the dedicated team working at LPC, will go out of their way to find candidates that are well-suited for the position, and won’t present you with any talent that they don’t believe to be a good match. It is not their goal to make as many placements as possible, although it is a welcomed side effect! At the end of the day it is the recruiters’ objective to make matches that are mutually beneficial and long-lasting, so that you don’t have to worry about replacing your team on a regular basis.

Low Employee Engagement

Having a fully staffed operation is step one, but having a team that is motivated, communicative and collaborative can make a world of difference. Having a company culture of high employee engagement can lend itself to many other positive aspects. Employees that enjoy their jobs contribute to higher productivity levels, better teamwork, lower absenteeism and higher company loyalty. Alternatively, employees that aren’t engaged will likely produce the opposite results.

Recruiters have years of experience placing candidates into positions that they are not only qualified for, but that will be a good cultural fit for the overall team. This will allow them to integrate into the team more naturally – and relieve some of your management headache.

When you find your hires through a staffing agency, you can be sure that they have been pre-screened thoroughly and you will only meet with candidates that the recruiting professional truly believes would be a positive addition to your team – we aren’t in the business of wasting your time!

Hard-to-Fill Openings

Depending on the industry and position, some jobs can be a piece of cake to fill. Whether the job in question doesn’t require much experience, has flexible hours or any number of other attractive qualities, there are some positions that can get filled within hours. However, the people that fill those jobs aren’t always the most qualified for the role. In addition, there are some roles that don’t garner as much interest or are a harder sell, which can leave positions open for much longer than you would hope.

Either way, a staffing agency can help you find the perfect candidate for these hard-to-fill situations. They have the resources available to present your positions in an appealing way and in the most effective spaces. They can also help find better matches for those easy-to-fill jobs – so you can be sure your operation is running as effectively as possible.

Your Company is Going Through Changes

Is your company taking on a new project? Maybe you are expanding into a new territory? Or perhaps you are pivoting into a new industry?

If your company is going through any sort of significant changes or restructuring, it may be beneficial to partner with a staffing agency to assist with any personnel changes and make the process much smoother. Especially in the beginning stages of a new venture, it’s important to have a strong workforce to represent your company and to avoid as many bumps as possible. Working with recruiters that have experience staffing virtually every professional situation can be very helpful when you have a lot on your plate.

Do any of these sound familiar? If you think your company could benefit from the help of a staffing agency, LPC would be happy to help. We have over 30 years of experience in logistics, supply chain and customer service staffing in the Greater Houston Area – contact us today to get started.

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It can sometimes prove difficult to source exceptional candidates on your own – you have a lot on your plate! However, working with a staffing agency ensures that each and every candidate that we match to your positions is qualified, hard-working and dedicated to doing great work. Not only does hiring qualified candidates mean you can build a strong team and a more positive workplace culture, it can also end up saving you a good deal of money down the line in some unexpected ways.

Here are some of the top ways in which qualified candidates improve your bottom line.

They Contribute to Higher Retention Rates

Working with a staffing agency that understands what you are looking for in an employee means that those employees are more likely to stay with that position for longer. When you hire a candidate that is well suited for your position, the likelihood of them leaving – or you having to let them go – is dramatically lowered. Having high retention rates cuts down on costs because you won’t have to replace your workforce as often. The average cost per hire is around $4,000, so having to do this less frequently can end up saving you big time.

They Are Less Likely to Make Errors

Research shows that candidates who are not only good at their jobs, but work within a system of positivity, support and good leadership, are less likely to make costly mistakes. They are also more likely to learn from the mistakes they do make and are more receptive to feedback that will help improve their future performance. Employees that don’t feel engaged at their place of work, either due to their disinterest in the position or their poor relationships with other employees, are logarithmically more likely to make errors that can end up costing a company a great deal of money.

Qualified Candidates Often Need Less Training

Candidates that have some background – or at least, some interest – in the position they are applying for typically need less training and are more likely to be a good fit. On average, training a new employee costs around $1,500. While it is a necessary part of any job, the opportunity to reduce this number even a little bit by hiring suitable candidates is a wise strategy.

This isn’t to say that job seekers with less experience should never apply for jobs that are outside of their training level, or that employers should not give those with less experience a chance because they don’t want to train them. At LPC Personnel, we believe in giving passionate, hardworking people a fair chance.

However, this simply means that those who are more susceptible to learning and listening, and who already have some background in the industry may need less training and attention from management. This allows them to dive into the job quicker and for you to get back to what you do best: managing an awesome team!

Happier Employees are More Productive and Profitable

When a candidate truly enjoys their position, they can be up to 13% more productive than if they were unhappy at work. Employees that are engaged and happy at work are not only more likely to be more productive, but they can increase company profits. A recent study has confirmed that when employees like their jobs and are positively immersed in the workplace culture, their productivity skyrockets and their presence can lead to higher overall profitability. LPC Personnel strives to only place candidates in positions that we truly believe to be a good overall fit for your company, to avoid any potential hiccups in efficiency.

Finding the right candidates starts with partnering with the right staffing agency. LPC Personnel has over 30 years of experience staffing the Greater Houston Area and would be happy to help you improve your bottom line through qualified, stable candidates. Contact us today to get started!

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4 Signs You Need to Work With a Staffing Agency