Hiring from the on-demand economy has numerous benefits, but the one enticing advantage is saving money. The cost of a company’s workforce, in more cases than not, is the largest expense on the balance sheet. By partnering with tilr to bring workers to your business, you can realize some of the cost savings that many organizations have begun to see from utilizing workers from the on-demand economy.
Don’t Pay for Onboarding or Hiring
Although hiring a new employee is an exciting opportunity for the productivity of any company, it can be quite costly. As discussed in one of our recent blog posts, Save Time Hiring Workers, the time to fill a position is a long, strenuous process, costing you time and money. There is also much discussion around the large cost of on-boarding and training a new hire, from a part-time entry level position all the way to your company’s newest executive. According to a 2016 study from SHRM, the average cost per hire is $4,129. While this number can fluctuate depending on the position and other factors, you are still paying wages to an employee while they are being on-boarded and trained for the position. With tilr, you can eliminate most of this cost as a Community Member, who already has the skills you desire, will be matched to your opportunity. This means that your position is open for little to no time, and the entire recruitment process is automated. In addition, you do not have to incur most of the onboarding costs since your tilr already has the skills and experience needed for the position.
Keep Benefits Off of Your Books
In recent years, one of the first ways that employers cut their costs is through the reduction of employee benefits. The largest of these benefits is usually health insurance. tilr is committed to empowering our Community Members. Part of this empowerment is providing our community with the health insurance and other perks they need to enjoy their lifestyle. Since tilr is providing these opportunities to the workers, the cost of benefits is never passed onto your company. You are getting the workers you need, when you need them, and still being conscious of a worker’s well-being. To find out more about our tilr Association, please visit our partnerships page.
Only Pay for People When You Need Them
The beauty of the on-demand economy is simply that – it is on-demand. This means that you can get workers when you need them. It also means that when you do need workers, they will be there, ready to work. This is a huge cost savings, as you are only paying for workers when necessary. Instead of hiring someone on full-time or scrambling to get part-time workers with the right hours, the emerging flexible workforce provides you workers for your desired hours. tilr allows you to directly post an opportunity from our website to find workers when you need them in no time. This reduces the costs of employing your workforce.
With tilr, you can cut your human resource costs without cutting corners. We are dedicated to helping every business save money. Employees are one of the largest expenses for an organization, but if you start to explore the flexible workforce, you be reaping the benefits in no time.