By Larry Hannappel
Turning to a temp agency allows you to evaluate a worker without making the commitment of hiring them on permanently.
That’s why so many businesses employ temporary workers as an excellent and cost-efficient way to recruit and test the abilities of new workers before signing them on full-time.
Other companies will repeatedly use the services of a temp worker who has proven to be a company asset.
Hiring a temp can also be a good way to continue getting work done while you search for the perfect candidate for a particular job.
Hiring a temp can save you time and money, because the cost of hiring temp workers is often less than the cost of hiring permanent employees with benefits.
Proper use of temporary help as a supplement to permanent staff reduces recruiting, hiring, training, employee turnover, overtime, absenteeism and benefits expenses. A permanent employee costs approximately an additional 42 percent in benefit and other expenses over base salary.
Temp agencies charge only for the actual time worked, they pay the temporary’s wages and assume full responsibility for all payroll taxes, Social Security, workers’ compensation and unemployment insurance.
The agency also is responsible for and bears the financial burden of recruiting, screening, testing and hiring workers, as well as any employee benefits it may wish to provide.
Finally, with the popularity and staying power of flexible work arrangements, temporary work is just one of the ways that businesses can offer that flexibility and at the same time better meet their own needs.
About the Author
Larry spent 16 years with Century Casino’s and was instrumental in the start-up and growth of the company through expansions in Canada, South Africa, the Czech Republic, Poland and on several cruise ships as well as in Colorado. He was most recently the SVP, Principal Finance Officer and COO of North American operations for Century Casinos Inc., a multinational, Nasdaq-traded gaming company. Earlier in his career, Larry worked at the Johns Manville Corp. Larry spent 13 years in various accounting and finance functions in the company’s fiberglass manufacturing division and was key in the start-up of a molding plant in Indiana. Larry and his wife Kathy and three children live in Colorado. He enjoys four-wheeling, motorcycling, golfing, skiing and brewing beer.