Flexible Staffing Strategy Part 3: Balance Manpower and Dynamic Workload
Many factors affect the implementation of flexible staffing strategy, it is essential to balance your workforce and dynamic workload, in order to implement your flexible staffing strategy successfully.
As we discussed in our previous posts, managing the workforce and understanding your dynamic workload are the first two steps that you need to take. And here in this post we have discussed about balancing both workforce and dynamic workload.
Balance workforce and dynamic workload
If an organization is overstaffed, understaffed, or only 80% capacity of the staff is being put to use because of fluctuations in workload, it may lose out on its profitability. It is very important to balance your workload and the workforce present in your company.
A staffing strategy of flexible staffing helps you better balance your workforce with the fluctuating workload. This strategy works towards who you want to utilize in your workforce and when should they be utilized.
Enterprises today, have started understanding the importance and advantages of flexible staffing. They have thus started to implement this staffing strategy in their organizations. Some of the benefits of balancing your manpower and dynamic workload, in other words implementing flexible staffing, are listed as follows:
As the fixed overhead of employees such as the benefits, equipment, facilities, and other such things are reduced, organizations can cut down their costs to a great extent.
Flexibility in the market
Competitive pressures can best be handled by implementing this staffing strategy. You can opt for contingent staffing as and when needed, during your peaked business needs. You can have temporary staff until you are sure your organization is capable of managing permanent staff. However, if your costs are increasing, you can downsize the contingent workers. Contingency staffing can also prove to be a better alternative to permanent staffing when you are starting a new business with a limited investment and start-up time.
Expertise – as and when required
If you do not have a regular requirement for specific expertise, it would be disadvantageous for you to hire such a candidate on a permanent basis. Contingent staffing can prove to be the best solution at such times. Staff, if hired on a permanent basis, may be underutilized because of the irregularity of your requirement of expertise.
Trying before hiring
The US National Association of Temporary Services has estimated that nearly one out of every three temporary assignments lead to full-time jobs. If you hire a worker on temporary basis, it gives you an opportunity to determine whether the worker’s skill, knowledge and behavior are suitable for permanent staffing.
To conclude, analyzing your dynamic workload and balancing it with your workforce can prove to be most beneficial when implementing a flexible staffing services. For more information on flexible staffing strategy, you can talk to our experts at 1-877-RISHABH (1-877-747-4224) or fill in the contact form.