How Small Businesses Can Recruit With Benefits
By: Julie East, Corp. Marketing & Recruiting
Jun 21, 2022
It’s harder than ever for small and medium-sized businesses to compete and retain top talent. With the fierce competition for workers and a rise in salaries, larger companies can get creative in offering employee benefits where smaller companies just can’t compete. However, partnering with a staffing firm, like Lofton Staffing Services, can give small businesses a competitive edge to compete for that top talent.
What Are Group Benefits?
These benefits can include a number of services or perks for employees who qualify. Lofton’s group benefits can include, but are not limited to:
- Major Medical Insurance
- Mini Medical Insurance
- Dental and Vision Insurance
- Life insurance
- Short-term Disability Insurance
- Group Accident
- Critical Illness
- FMLA
- 401(k) Plan
Employees can choose to include some or all of these group benefits, depending on their needs.
PARTNERING OPTIONS
Offering group benefits has long been an issue for small businesses, especially as costs have continued to climb. But with the current talent market, it’s a burden employers need to bear. There are two options Lofton Staffing can offer small businesses to keep them competitive in attracting talent with a group benefit package: Temp-to-Hire and Payrolling.
OPTION 1: Temp-to-hire
Lofton Staffing handles all the recruiting, skill testing and custom matching to find that perfect employee for your company. Temp-to-hire services allow the employer and employee the opportunity to achieve results while testing how the employee fits with the company. We provide the qualified employee for a fee, while taking care of all employer obligations, including HR and payroll functions. We provide competitive pay and some of the best group benefits in the industry to our qualified employees.
OPTION 2: Personnel Payroll Plan
At times, you may want to locate and interview the people you require – or perhaps you already know who they are – but you need to avoid hiring permanent employees. Lofton's Personnel Payroll Plan provides a practical solution for this situation.
You refer specific personnel to Lofton for employment at your firm. Lofton will screen and run any background and pre‐employment physicals required by your company. Once these persons qualify as Lofton assignment employees, they are placed on our payroll for your exclusive needs. Lofton manages the entire payroll function while absorbing all administrative fees, mandatory taxes, and group benefit plans.
Our Personnel Payroll Plan can also be a no-risk element integrated into your hiring process. By using an unproven candidate as an employee on our payroll for their trial period, you can evaluate their skills and protect your unemployment insurance experience rating by eliminating the hire-fire cycle. This cost-saving human-resource option is becoming increasingly popular with companies for: Special Projects, Turnarounds & Mandated Downsizing.
In the past, only large corporations have been able to offer these valuable benefits to their workers. However, group benefits for small businesses are vital, and make it worthwhile for employees to remain working for that company. These employees have an incentive to stay and not seek other jobs that do offer health insurance, retirement plans, and more. In other words, loyal employees equal a lower turnover rate for small businesses. Aside from improved overall company performance, customers will also be more satisfied. Better services and products mean more repeat customers in the future. Fortunately, Lofton Staffing Services has solutions small businesses can rely on to remain competitive.
If you are interested in finding out how Lofton can help your small business, contact your local Lofton office today!
About Lofton: Founded in 1979, Lofton Services offers clients the best of all worlds. We provide the responsive, personal service and flexibility of a small local firm while having the technology, resources, and infrastructure to deliver the benefits of the biggest players in our industry. Lofton Staffing can deliver the right people, with the right skills, right when you need them. Contact us today.