The skilled craft market is growing more volatile than ever and we see this as getting much worse rather than better. With just some of the industry reports below we see the no way the development of craft can overcome the craft leaving the industry. But all is not lost, this requires a new thought process on how contractors can leverage available skilled craft with the best execution methods to truly do more with less. At Arc Services we can help in a myriad of ways from furnishing craft that is skilled to your deliverables to combining skills and technology to workforce loading consultation based on your scope.
Staff augmentation is more than furnishing people…it`s about effectively furnishing people that add value.
American Welding Society predicts a shortage of 400,000 welders by 2024
McKinsey & Co. reports, that of 400 senior managers surveyed, 49% believe labor will impact their business in one year
McKinsey & Co. reports, 41 percent of the current US construction workforce is expected to retire by 2031
Austin Community College reports, seeing a shortage: 48,000 more electricians, 49,000 HVAC technicians and 75,000 more plumbers will be needed over the next five years.
1. Can Be a Better Value
Hiring full-time employees for the purpose of working on a specific project costs more time, money, and effort than necessary. Instead, companies can augment existing teams with specialized professionals to work solely on a short-term basis. This avoids expenses associated with salaries, benefits, and other costs of hiring someone full-time– and who may or may not have the specific skills to work on a particular project. Staff augmentation gives companies the option to hire for the short-term, immediate, and specific needs of the business without compromising on the quality of talent they bring on.
2. Better Control
Staffing augmentation gives companies the chance to hire based on specific skills. This gives companies expert talent at a fraction of the cost of hiring a salaried professional for full-time work. Companies can identify the skills or areas in which their permanent workforce needs help with, and tailor their staff augmentation to fit those needs.
3. Scale Up and Down with Better Agility
Staff augmentation allows you to scale your workforce in a cost-effective way. By cutting down on costs while still hiring top talent for specific projects, companies can scale their business faster than if they were to hire new, full-time employees. In most industries, a company’s workload is ever-changing in size. Temporary staffing is the perfect solution to managing ongoing and upcoming demands on a project-by-project basis. That means taking on more business without sacrificing the quality of your project.
4. In Some Situations, Better Than Completely Outsourcing
While staff augmentation is a form of outsourcing, it allows companies to retain control over the skills and experience they need from temporary staff. The major advantage to this is that companies have the ability to monitor the progress of their temporary hires, because they’ll likely be working alongside their full-time staff. This also eliminates other downsides to completely outsourcing projects to external teams. Staff augmentation allows businesses to maintain the confidentiality of their projects as well. Both outsourcing and augmentation present their own pros and cons, so consideration should be given to which present the best solution.
5. Get an Objective Perspective – Hire Less/Produce More
The old way of “throw people on the job to make production” is horribly inefficient. For temporary staff, an ‘outsider’s’ perspective may be useful to a company with ongoing projects. A pair of fresh eyes can illuminate suggestions for improvement to projects or practices that permanent staff may be too engrossed in their work to realize. Our staff can analyze your scope and consult on what skill sets are needed, consider the geographic skill availabilities, and how many craft would be recommended, often resulting in less numbers. A well planned and skilled workforce typically proves less people needed to reach the desired productivity.
Contact us and let discuss meeting your workforce needs within your budget.