Building the 2019 Budget: Account for Overtime or a Staffing Agency

October 18th, 2018

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As we wind down 2018, you’re probably starting to look at your year-end budget to determine the best spend for 2019. One of the top concerns companies have is whether or not to engage in overtime or bring on temporary employees to help offset increased production or workloads. There are pros and cons to both options. So how do you know which budget to create for the coming year? Take a look at these comparisons to decide for yourself.

Talk to current staff about overtime.

Have you taken your current employee’s work/life balance into consideration when deciding how to budget for increased workload next year? A more flexible schedule is becoming increasingly important for businesses to keep in mind. Don’t try to guess. Talk to your team about what they want to accomplish the next year.

Review the financial impact.

Depending on your decision, it will impact your overall business processes. If you need to increase hours, how will this affect productivity? If you decide to bring in temporary employees, what is the increased cost? No matter what you need to do in the future, try to imagine how this will impact your budget moving forward.

What if you need help fast?

In some cases, you may need additional help quickly. How do you make sure that you balance your employees’ overtime with the increased need? Having a plan in place well before you have this immediate need will only help you spring into action when additional employees are necessary.

How to have a relationship with a recruiter.

To solve any concerns you have about overtime or temporary help, start building a relationship with a local staffing agency now. Sure, you can contact a company when you have the need, but the experience may not be seamless. When you develop a relationship with a recruiter, they will better understand your company and needs so they can help fast and accurately.

Work With a Top Staffing Agency in Houston TX

Do you want to know more about working with a staffing agency to help add short-term employees fast when you need them most? Contact Meador Staffing, a top staffing agency in Houston TX, today to learn more!

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