Is Your Staffing Partner Helping You to Manage Risk?

Working with a staffing agency is a great way to recruit top talent to your company. A staffing agency can save you time and money by screening and vetting job candidates, which ultimately increases your employee retention rate.

But when it comes to managing risk, do you know which measures your staffing agency has in place? Risks such as fraudulent payroll claims and liability problems, including unsafe working conditions, could end up costing your company more than just payroll.

Here are a few considerations that may help when trying to choose a staffing agency with your business’s best interests at heart.

Risk Assessment Measures.

A staffing agency that conducts assessments for both the employee and employer can help reduce risk on both fronts:

  • Employee screenings may involve assessing behavior or verifying identity, education, and employment credentials, as well as background checks.
  • Client screenings may involve assessing workplace safety, ethical business operations, and assessing the best options to provide service tailored to your needs.

Compliance.

In the same way, your business follows compliance measures to maintain certifications and licensures; a staffing agency should also follow compliance measures specific to the temporary employment industry. In addition, contracting with a staffing agency that specializes in your company’s industry is a good idea too.

Worker Compensation.

Working with a staffing agency that offers worker compensation and possibly even benefits is ideal. They should be transparent in defining the status of their temporary employees and maintain accurate employee classification and payroll status, which will help to prevent fraudulent claims. The agency should also keep its personnel’s training up to date regarding how to process claims.

While all of these services may incur more expense upfront, they could be saving your company from damages incurred due to negligence or illegal practices. When it comes to managing risk, the old saying holds true: “It’s better to be safe than sorry.” Choose a staffing partner who helps you manage the risk that’s a natural part of employing workers, especially in health care.

Interested in learning more about how risk management can protect your company? Arbor Associates has nearly 40 years of experience in health care staffing, and we’re here to help with your staffing needs!