Is a Staff Augmentation Model Right for My Business?
- January 26, 2023
Considering alternative sources of labor and staffing is increasingly common given the current talent market. As the economy continues to face major talent shortages, businesses must be strategic in their talent acquisition. One of many solutions to address the need for talent is staff augmentation. Rather than waste time and money on recruiting talent, using a staff augmentation model allows you to attain flexible and scalable resources for your project(s) on a temporary basis. With augmented staffing, businesses can bring on tailor-made individuals with the skills required to meet their needs.
Understanding the Staff Augmentation Model
A staff augmentation model may be beneficial to your business for several reasons. First, businesses that need to scale their operations find that hiring temporary workers can be done quickly. With augmented staff, businesses can rapidly access these workers to mitigate unforeseen events. Staff augmentation also allows firms to prevent potential financial headaches from hiring or laying off permanent workers. And in times of uncertainty, this can be a crucial advantage.
Exploring Alternative Staffing Options
An additional staffing option that some businesses consider is managed services. With managed services, businesses outsource their talent through a third party and, as a result, they are guaranteed that the goal will be met, or the project will be completed, for a fixed price. With this model, the business will fully understand how much they are spending and have access to the right resources for the job.
While augmented staff and managed services provide unique staffing opportunities, some businesses may prefer to stick to traditional hiring. While these alternatives provide an array of benefits, hiring full-time staff also has its rewards. With full-time employees, these individuals begin to learn the ins-and-outs of your organization, its culture, its values, and so on. For some, the business knowledge and loyalty that comes with full-time staff are unmatched.
Choosing What’s Right for Your Business
When it comes to deciding if the staff augmentation model is right for you, you may want to ask yourself a few questions. Is this a short-term project? How much money are we looking to put toward staffing for this project? Is this an urgent project? Does this project contain classified or confidential information? Although staff augmentation provides companies with an easy route to project success, whether you choose to pursue staff augmentation or not will depend on your business’s specific needs.
Reach out to our team at Bull City Talent Group for further guidance on the staff augmentation model.