In a competitive environment for candidates, how can a company keep its newer employees obtained from a staffing agency?
Normally when a staffing agency places an employee in a contract to hire role, there had always been a contract period where the employee needed to work thru the agency. After that period, the client company could hire the employee without a fee. Normally that period runs form 480 hours to 600 hours depending on the position.
As unemployment numbers have fallen though and the recruiting market has tightened, QPS has changed with those times so we will not lose applicants working on contract positions to other direct hire roles.
We are having some success with clients understanding that long term temp-hire periods are damaging as it relates to both recruiting and retention. We have customers now doing buy outs at 30 or 60 days instead of making the AE wait 520 or 600 hours. Also, in an attempt ensure better recruiting success, more customers are starting key employees in a direct hire capacity and forgoing the temporary period all-together. QPS has flexible direct hire billing options, with the ability to bill in either 3 or 12 installments.
QPS also has reasonable buyout options should a client want to hire an employee that has started in a temporary role.
The bottom line is that as we match employees and clients together, we want that relationship to last if both are happy with one another.