How Temporary Medical Staffing Agencies Save Healthcare Facility’s Money
Temporary medical staffing agencies are the perfect way to find great employees and save resources. Not only are you saving money, but you’re also preserving time and energy. Medical staffing agencies eliminate the human resource management burden while efficiently managing costs and allowing healthcare providers to focus on care delivery.
We’ve evaluated the hourly rate medical staffing agencies typically charge healthcare providers per employee to exemplify all the areas in which you’re saving money. By partnering with medical staffing agencies, healthcare providers are tapping into the gig economy to help more efficiently manage their staff resources, without the risk that often comes with the gig economy. The staffing agency functions almost as an extension of your HR department, filling gaps in the schedule whether short term vacations or long term leave.
Taxes
Working in the beautiful Atlanta metro area comes at a price. And that price is in the form of state payroll taxes. Fortunately, when you employ staff from medical staffing agencies, they front this cost, so you don’t have to. Along with state payroll taxes, statutory federal payroll and unemployment tax are also covered. These taxes are typically 8-12% of the employee’s hourly pay rate and save your healthcare center a great deal of money and headaches.
Protection
Workers’ compensation and liability insurance are essential when working in the medical field. Unfortunately, these also come at a cost. By utilizing a medical staffing agency you can significantly reduce or eliminate these insurance costs and risks to your medical practice. .
Administrative Costs
Another cost that healthcare centers are spending too much money on is administrative costs. These include payroll administration, scheduling, credentialing,training, and more. Temporary medical staffing agencies manage all these areas while saving you money.
Cost to Hire
Finding quality employees takes time, effort, and resources . A good medical staffing agency can dramatically reduce this cost and workload. They ensure through an extensive application checklist each employee is the perfect fit for your health center. You can’t put a price tag on a great employee, but some estimates place the true cost of up to 50% of a full time employee’s salary. By using a medical staffing agency, you eliminate your recruiting, screening, and background costs.
Employee Benefits
Providing employee benefits can be expensive, especially when covering all of the other costs associated with hiring a nurse or medical assistant. Fortunately, when you work with a temporary medical staffing agency, the responsibility for providing those benefits is shifted onto that agency. This is just one more way that medical staffing agencies help to more efficiently manage your workforce resources so you can focus on what you do best.
At Staff Relief, we lower your costs while providing the best healthcare professionals in Georgia. Contact us today to learn more about how we can save you money.