Currently, fears about a potential recession are looming over nearly any company. During periods of sudden economic uncertainty, customer buying behavior and operational costs can change dramatically. As a result, organizations need a greater degree of agility, which is potentially difficult to achieve when managing a workforce.
Fortunately, companies do have access to a viable solution. With on-demand employees, maintaining agility is easier. Plus, when you use the right strategy, you can reduce your personnel costs and overall level of risk. If you’re wondering whether using on-demand employees can recession-proof your business, here’s what you need to know.
Why On-Demand Employees Are Beneficial During Recessions
When you bring on-demand employees on board, you’re curating a workforce that remains with your organization only on an as-needed basis. Depending on your business needs, you might bring the selected worker on for several hours, a single day, one week, or a handful of months.
The defining characteristic is that an on-demand employee isn’t inherently meant to stay with an organization long-term, a point that both companies and workers understand. Instead, these are specific types of temporary hires, offering more flexibility than traditional hiring models.
During a recession, companies often need to scale up and down rapidly. Taking advantage of increases in demand allows businesses to capture profits when those opportunities arise. Expanding your workforce during those peaks is simpler with on-demand workers than using other hiring methods. Additionally, the ability to release on-demand employees from a position immediately makes workforce reductions simpler and faster, reducing costs when the situation demands it with greater ease.
The on-demand model is also faster when scaling up compared to many other temporary employee programs. Usually, a recruitment agency that offers on-demand employees can get a worker on-site within hours or one day, far quicker than most other arrangements. As a result, companies can maintain productivity during unexpected employee absences or scale up with greater speed when circumstances demand it, leading to greater agility during recessions.
How to Find Talented On-Demand Workers Quickly
Technically, companies can manage their on-demand workers, but the process is cumbersome. Along with maintaining personnel and payroll records, it leaves organizations on the hook for a range of costs and shouldering various risks.
Fortunately, there’s a better way. By partnering with GSG Talent Solutions, you can receive on-demand employees whenever needed. Plus, this strategy reduces your administrative burden and the overall level of risk, all while allowing you to keep costs down.
By partnering with the team at GSG Talent Solutions, you’ll also receive exceptional support and guidance along the way. Whether you need an on-demand employee for a day, week, or longer, our flexible solutions give you much-needed agility, making it easier to navigate economic uncertainties.
If you’re ready to recession-proof your business through the strategic use of on-demand employees, GSG Talent Solutions wants to hear from you. Contact us today.