MINIMISING THE INCREASING COST OF EMPLOYMENT

The costs associated with employing a person full time within a business environment has increased substantially over the past twelve months and, based on recent government tax changes, this is set to continue over the next twelve months. This increase has been witnessed not in terms of both the direct employment cost and the increase in the indirect costs of employment. In terms of the direct costs of employment, most recently, these have included an increase in the rate of employer national insurance contributions and the national minimum wage. Indirect costs attached to employment includes the provision of a working environment and the provision of workplace facilities.

One potential additional employment cost that can adversely affect a business is the cost attached to retaining additional employees to cover the periods of increased demand for the business products, services and employee cover. Typical examples of these periods would include holiday periods, such as Christmas, Easter and summer breaks. However, retaining additional full time employees to cover these spikes in business requirements can, as noted in the introduction, prove to be costly. However, there is an alternative way of resolving this problem at a reduced cost, and this can be achieved through working with temporary recruitment agencies, who can provide experienced worker to provide effective short term coverage. Thus, the organisation only pays for the hours that the temporary staff are working.  

Teamwork Partnership has over two decades of experience in providing experienced temporary warehouse and industrial employees to meet our client’s needs, thus providing them with the ability to manage their worker requirements in a more controlled, flexible, efficient and cost effective manner. 


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