Employment Solutions - Colorado

🍀Congrats to the lucky Eric, our $1K Winner for March! 🍀 Will you be the April winner of the Employment Solutions Monthly $1K Giveaway? Show up to work every day and refer your friends to get extra entries PLUS $100! https://lnkd.in/gjp__uwd #giveaway #referrals #winner #coloradostaffing Tom Weddel | Mike Wallin | Daniel Miller | Andrea Meddles | Rick Wagner

Solution 6: Prevent Unemployment and Work Comp Claims Unlike short-term direct employees, temporary personnel work for Employment Solutions – not you. Consequently, their unemployment and workers’ compensation claims don’t affect your rating or your bottom line.

Solution 5: Shift Administrative Burden When you use temporary staff instead of direct hires, all costs associated with processing and administering payroll and benefits are transferred from your company to Employment Solutions

Solution 4: Reduce Training Costs, Scrap & Rework Training is expensive – and not just the hard dollar cost of the training program. Consider also the soft costs of lower productivity and poorer quality that result from employing novice staff. Cut training costs and improve quality and productivity by employing experienced temporaries. By working closely with your staffing partner, you can gain access to candidates who are well-trained and have experience in the skills you need. To enhance productivity further, partner with your staffing firm to create an initial orientation and training program for new hires. 

Solution 3: Limit Benefits Expense On average, benefits cost 20% - 25% in excess of payroll expenses. Where appropriate, use temporary and pay rolled employees (employees who are paid through a staffing firm or professional employer organization) to eliminate benefits expenses. This option is most often used for interns, project professionals and other short-term employees. 

Part 2 - Companies are seeking ways to eliminate overtime due to its high cost. How can Employment Solutions assist you in addressing this challenge? #EmploymentSolutions #Makelifeeasier #Analitics #HRManagment

Part 2 - Companies are seeking ways to eliminate overtime due to its high cost. How can Employment Solutions assist you in addressing this challenge? #EmploymentSolutions #Makelifeeasier #Analitics #HRManagment

Better. Faster. Cheaper. The pressures of the business world are relentless. To stay ahead of the competition, you have to constantly find creative – and affordable ways to get things done. For some companies, the answer is cutting budgets. For others, it’s driving people harder. And for the smartest firms, it’s taking a more strategic approach to talent management. By staffing strategically, savvy employers are discovering new ways to meet deadlines, expand capacity, lower costs, react to changing marketing conditions, manage risks and drive innovation. 10 Solutions that will Reduce Costs: If your company is like most, labor is the biggest expense on your P&L.To control costs, labor (and other personnel expenses) must be managed as aggressively as raw materials. SOLUTION 1: Convert fixed Cost to variable. What percent of your labor expenses are variable? For most organizations the answer is zero to five percent, but when your labor costs are fixed, you are almost guaranteed to be over-spending. Why? Because you don’t need all your people, all the time. To reduce labor expenses, implement a flexible staffing model in which you reduce core staff to levels necessary to maintain normal operations. Then partner with a qualified staffing firm to supplement your staff with trained temporary personnel to meet peak production demands. For short-term and special projects, you can bring in skilled temporaries. You’ll get on demand access to the skilled workforce you need, and the cost will be far less than hiring full-time employees or using outside contractors. Stay tuned for more solutions to help your company thrive while cutting costs effectively. #WorkforceStrategies#TalentManagement#CostReduction#StaffingSolutions

According to the latest data, there was significant job growth last month in Colorado! Nine Colorado industry supersectors gained jobs in February 2024 and two industry supersectors experienced decreases in employment levels; notable over the month increases were in private education and health services (+3,400), government (+2,000), construction (+1,200), and professional and business services (+1,100). We're particularly excited to see the growth in Construction & Manufacturing! One subsector we operate in (Transportation, Warehousing, and Utilities) also experienced a growth of +400 jobs. How does this data compare with your company's experience here in the Centennial State? This data is seasonally adjusted and is produced by the Colorado Department of Labor and Employment and the Bureau of Labor Statistics. #employment #jobs #coloradojobs #workincolorado #staffing