Staff augmentation is the solution many companies are using because it is most effective in helping them when it comes to the needs of their business. Here are a few reasons why Staff Augmentation may benefit your business.
Even though the US economy has been steadily growing the last four years (according to a myriad of economic indicators) many American companies are still uneasy about the future prospects of the health of the recovery. The tepid economic environment has caused most American companies to be extremely cautious about expanding their staff, which can be seen in the monthly hiring reports released by the Labor Department and ADP.
Companies are getting creative in order to maintain current productivity and pursue new growth opportunities while adequately staffing workgroups, staying within budget, and minimizing risk exposure if the economy experiences a double dip or a slowdown.
Staff augmentation is the solution many companies are using because it is most effective in helping them when it comes to the needs of their business. Here are a few reasons why Staff Augmentation may benefit your business.
Staff Augmentation gives a company the opportunity to fully staff workgroups with precision and efficiency. Individuals with specific skill sets are brought up to speed quickly and make immediate positive contributions to the project. Staff Augmentation provides an ability to adapt and increases nimbleness which aligns with the needs of the finance department to improve clarity on expense management.
Cost reduction is another major advantage of Staff Augmentation. Using Staff Augmentation cuts your costs by eliminating productivity slumps caused by training inexperienced personnel and reduces redundant staffing overlap. The Human Resources Department will be able to work with a staff augmentation expert to assist your company with the precise duration and expertise of staffing needed in order to keep costs at a minimum.
Minimizing an organization’s risk exposure to an economic downturn is the biggest advantage to Staff Augmentation. Staff Augmentation gives companies the ability to adapt to future unforeseen variables. This flexibility will save a company a great deal annually and reduce financial stress.
Staff augmentation allows a large, successful company to sustain its competitive advantages while being able to react to change like its smaller, more nimble counterparts. According to a recent study conducted by Gartner, IT spending is going to increase dramatically over the next three years. Still, companies will approach this opportunity with an appropriate amount of caution due to the uncertain US economic environment, tight corporate margins, and the necessity to maintain flexibility.
Are you interested in exploring how staff augmentation can help your business? Contact us to begin discussing your needs with a Staff Augmentation expert.
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