article thumbnail

Niche Staffing: How to Find and Hire a Specialized Agency

Zenefits

And niche staffing is a possible solution. Businesses that can’t risk hiring mediocre talent or someone unfamiliar with their industry should see what specialized staffing agencies offer and find 1 that’s focused on the kind of workers they need. Pros and cons of niche staffing versus general staffing.

article thumbnail

Everything You Need to Know About Workforce Optimization

Zenefits

Though employees should be accountable for their performance, you need to assist them on their path to productivity. Improved staffing, efficiency, and productivity. During busy seasons, you can use WFO to determine whether to bring in additional workers, such as through a staffing agency or contingent workforce. No account yet?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

PEO Costs: Does PEO Make Sense for Your Business?

Zenefits

A professional employer organization (PEO) provides a range of services to companies that want to outsource human resources administrative tasks. They are staffed by professionals specializing in human resources, taxes, compliance law, and accounting. Benefit administration fees. Recruit, hire, and fire staff.

article thumbnail

How To Calculate Total Compensation

Zenefits

Sometimes an employee’s salary only accounts for a portion of everything they make. Base salary or wages Base pay accounts for the majority of most employees’ compensation. For hourly employees, the number of hours worked should be accounted for. Most employers outsource administration. Calculate a weekly pay.

article thumbnail

Payroll Costs: An Overview of Total Expenses

Zenefits

In general, payroll costs for a midsize company can account for up to 70% of the total costs of the business.¹ These costs typically include total employee compensation, the employer’s portion of payroll taxes , administrative expenses, and more. Indirect costs include taxes and the expenses involved in payroll administration.

article thumbnail

Seasonal Hiring Begins: How Can Your SMB Compete?

Zenefits

As restrictions lessened, some were able to return to their normal staffing levels: others have yet to recover. Simplify benefits administration. Simplify benefits administration. If you’ve exhausted every means to hire talent, it’s time for Plan B: work around low staffing levels and stay afloat. No account yet?

article thumbnail

Workforce Management: Everything You Need to Know

Zenefits

WFM also makes it easier to predict future staffing demands and determine whether staffing cuts are needed. Scheduling involves predicting the organization’s short-term and long-term staffing needs and formulating strategies to fulfill them. The remaining portion includes: Benefits administration. Payroll administration.

Manager 59