In today’s constantly changing and uncertain world of work, there’s no denying that staffing can be an ongoing challenge for many property managers. From a growing talent shortage to a lack of internal hiring resources, ensuring the proper staffing for your property is a full-time job in itself. Utilizing the services of a specialized staffing partner can often be a game-changer for maintaining a productive workforce throughout the year in order to make the annual operating budget while ensuring tenant satisfaction. As you devise your staffing plan for 2021, here are some of the main reasons why it’s beneficial for property managers to partner with a knowledgeable and reputable staffing agency:
Greater access to high-quality candidates.
With most property management companies vying for the same talent within their geographic areas, it’s become more competitive to find and attract the right types of workers. Because of a staffing firm’s vast spectrum of contacts, they are best positioned to tap into their networks and access a broader talent pool of highly qualified candidates, including active candidates (candidates currently seeking new employment) and passive candidates (candidates who are open to exploring new opportunities). The ability to have your open positions marketed to a wider, more diverse audience will serve two purposes. First, and most obviously, it will improve your staffing efforts and help you find top talent more quickly, a true staffing on demand partner. Second, it will expose your company to a greater range of potential candidates who will learn about your culture and possibly consider your employment opportunities in the future.
Reduced administrative burden.
Even for property managers who have mastered staffing, many still struggle to fully balance all the facets of hiring with their multitude of other daily responsibilities. A staffing partner takes care of all the back-end work involved with the hiring process, including pre-screening, background checks, drug tests, skill assessments, interviewing, and onboarding. This can save your company a significant amount of time and money, eliminating the hassle of conducting interviews and communicating with candidates throughout the entire hiring process. You also will avoid costs associated with promoting your job openings, such as advertising expenses or fees associated with job board sites.
Reduced hiring expenses.
In addition to the reduction of hiring expenses mentioned above relative to job board posting costs, there are many other areas where using a staffing agency can save money. Placed employees at properties through a third-party staffing agency means that there is no financial impact on the property’s State Unemployment Insurance Tax (SUTA) once the employee leaves employment with the property. Placed employees are also under the staffing agencies Federal Unemployment Insurance Tax (FUTA) as well as the staffing agencies Worker’s Compensation Insurance Policies. These are real expenses that the staffing agency absorbs on behalf of their property management clients.
With hiring needs often changing quickly when managing a property, using a staffing partner offers the flexibility to hire individuals on both a long-term and short-term basis, depending on current labor demands. In many cases, property managers need temporary employees to fulfill jobs related to maintenance or contract work during certain times of the year. However, in other situations, full-time employees are needed for leasing consultant or office manager roles. Your staffing partner will help you determine which staffing capacities are most suitable for your workforce, based on your company’s labor, budgetary, and seasonal needs.
What many people don’t realize is that recruiters spend a lot of time learning about candidates’ goals and areas of expertise to ensure their career interests are a good fit for your company. If you’re currently dealing with frequent turnover, working with a staffing partner can ensure better alignment between candidates and your company’s needs, ultimately having a direct impact on employee retention. By bringing on talent that’s best suited for your labor demands from the start, both you and your staff will be happier and more fulfilled as your working relationship develops over time.
Elevated candidate experience.
Most staffing firms are committed to representing their clients in the best light possible, which is why working with an experienced team of recruiters can do wonders to elevate the “candidate experience” at your company. With thorough and prompt communication by recruiters, prospective candidates will feel they’re being given the utmost respect and consideration throughout every stage of the hiring process. This sets the tone for a positive experience as they become acclimated with your organization and consider how they’d be a fit within your workplace culture.
As you can see, a trusted and experienced staffing firm can be an invaluable asset to your property in terms of productivity, employee retention, and your bottom line. Investing in a staffing partnership will pay off in dividends over time, as you’ll be given critical support, guidance, and resources to meet your workforce development goals while saving precious time and money.
Do you have positions at your company that need to be filled? Get your talent search underway and find the best candidates on the market with HH Staffing.
Until Next Time,
Your Staffing Partner, Darrin Rohr- President, CEO, and Chief Servant
Current owner of HH Staffing and Former Chief HR Officer for several successful Multinational Fortune 500 Companies. Brings a fresh perspective from decades of experiences creating Great Workplace Cultures by building high-performance teams while leading and managing people from all different backgrounds. HH Staffing is headquartered in Sarasota, Florida, and is uniquely positioned to serve both local and national clients.