Is A Payroll Service The Right Solution For Your Talent Needs?

Is A Payroll Service The Right Solution For Your Talent Needs?

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When companies need talent quickly and compliantly, without adding headcount, how can you deliver the resources to execute on business goals? A payroll solution can help add the workers needed without the overhead and risks involved with permanent hires. Partnering with a payroll service provider can free your organization from the responsibilities of being an employer of record, but still take advantage of the benefits.

Ask yourself when is a payroll solution right for me? By considering these factors it should give you the insight needed to make an informed decision.

Do you use internal resources to source contingent talent?

Internal recruiters, manager referrals, contract-to-hire positions and/or other internal channels are great ways to complement your staffing partnerships by communicating your brand and culture to potential candidates.

How do you engage contingent talent that you’ve self-sourced?

If you leverage internal resources to find talent, you likely are engaging with a third-party to serve as the employer of record (EoR). Without such a partner, you may be overpaying on markup and jeopardizing the candidate experience while incurring multiple invoicing and payment processes.

Want to grow your pre-identified contingent talent population?

Talent pooling can be a great way to grow your pre-identified contingent talent population. Through a payroll solution, companies can capture fully vetted (re-deployable resources, retirees, interns and CO Op’s), partially vetted (silver medalists and candidates from other departments of your organization).

Payroll solutions are one of the most effective ways to access talent on demand and help you become an employer of choice. Whether you decide to source the talent or need the curating support or direct sourcing capabilities of a partner, a configurable program can deliver all the talent resources your company needs.

As your business requires greater workforce agility, consider all the benefits that a pay-rolling solution can deliver.