Hiring new employees often involves a significant financial investment, and many businesses focus on the direct costs—such as recruitment fees, salaries, and onboarding expenses. However, there are also often overlooked soft costs that can easily inflate hiring expenses if not properly managed. These hidden costs can include time spent on recruiting, screening, interviewing, and training, which can quickly add up when the process is inefficient.
At BGSF, we understand the complexity of these expenses, which is why we offer staffing and consulting solutions designed not just to fill a vacancy but to enhance your recruitment strategy. Here’s how partnering with BGSF can help you avoid or mitigate these soft costs while boosting your business's bottom line.
Lower Hiring Costs with BGSF
1. Reducing Recruitment Time and Costs
From job board fees to spending time reviewing resumes, the recruitment process alone can be a drain on your company's resources. According to Toggl, recruitment costs include both direct expenditures like advertising and more indirect ones, such as the opportunity cost of having internal teams focus on hiring instead of their core responsibilities.
BGSF's staffing and consulting solutions help alleviate this burden by leveraging our vast network of skilled candidates and refined hiring processes. We reduce the time spent sifting through unqualified applicants by presenting you with pre-vetted candidates who meet your exact needs. This allows your internal team to focus on business priorities, not on managing the recruitment pipeline.
2. Streamlining Pre-employment Assessments
While background checks, skills assessments, and other pre-employment tests are essential, they come with a price. These assessments can cost anywhere from $20 to $2,800, depending on their complexity. BGSF has the expertise to conduct these types of evaluations on your behalf, ensuring that only qualified candidates move forward in the hiring process.
We can streamline this aspect of recruitment, making it more cost-effective while maintaining high standards for quality. By conducting thorough assessments and background checks, we ensure that you are not spending unnecessary time or money on candidates who may not be the right fit.
3. Onboarding and Training Savings
Once you've hired a candidate, the costs don’t end. Onboarding and training can take weeks or even months, depending on the role. The longer it takes for a new employee to become fully productive, the higher the soft costs associated with the hiring process.
BGSF provides access to a pool of candidates who are not only qualified but also ready to hit the ground running. Our consultants have experience in your industry and are trained to quickly adapt to your specific needs, helping you minimize the time spent on training and ensuring a quicker return on investment.
4. Consulting Expertise to Align with Business Needs
Perhaps the most significant soft cost of hiring comes from the risk of a bad hire. Hiring decisions made without hiring expertise can result in a mismatch that wastes both time and money. BGSF ensures that you're making strategic hires that align with your long-term goals, providing a better ROI on each hiring decision.
Whether you need short-term staffing to backfill critical roles or a permanent hire, we offer solutions that contribute to your company’s success without burdening you with extra costs.
Partnering for Long-term Success
At BGSF, we don’t see staffing and consulting as an expense. Instead, we offer a partnership that enhances your operations, reduces your hiring risks, and helps you manage the often-overlooked soft costs of recruitment. By partnering with BGSF, you gain access to an experienced team of consultants who streamline your hiring processes and deliver high-quality talent, all while allowing you to focus on growing your business.
By managing and reducing recruitment inefficiencies, BGSF's solutions save you time, money, and headaches, so you can reinvest those resources where they matter most. Contact us today to learn more about how our staffing and consulting solutions can benefit your organization.
Comments