Any business leader, company owner, or manager will tell you that one of the most important aspects of running a successful operation is the team you surround yourself with. Highly functional and accomplished operations are only as good as the people they employ.
Every industry experiences fierce competition and a rat-race to be the best of the best, and those who prevail and come out on top tend to have the most skilled and dedicated teams working for them. Employees who are knowledgeable, committed, and trained well are likely to sky-rocket any company to the top of the industry charts.
Having a skilled workforce is a non-negotiable if you want to ensure a smooth-running and successful business, here’s why:
IT MAXIMIZES PROFITABILITY
A single skilled laborer is able to do the job of two workers who aren’t as skilled, if not more. Having a workforce where all your employees operate with a high level of skill means that you’re much more able to have the most productive bottom line possible. This leads to a larger profit margin, which means, you guessed it, more profit and the generation of enough money to invest back into your business.
Maximizing your business’ profits is the ultimate goal, and employing a skilled workforce is a sure-fire way to get you there.
SKILLER LABOR SAVES YOU MONEY
This might seem counter-intuitive, as it stands to reason that more skilled workers also demand higher pay. However, this is where too many business leaders fall short; they hire unskilled workers for a cheaper rate, thinking it will save them money. Right? Wrong! If you want work done well, with minimal mistakes and high customer satisfaction, you need to spend the money upfront to pay for skilled laborers.
Unskilled workers might be less expensive to employ, but they’re also less productive, have a lower quality of work, and are much more likely to make mistakes, all of which will cost you money in the long run.
SAFE AND IMPROVED WORKPLACE WELLNESS
For most industries, hiring unskilled workers with little experience and knowledge leads directly to an increase in work-related accidents. It makes perfect sense, employees who don’t know what they’re doing are more likely to make mistakes that can injure them. Not only are workplace injuries dangerous for employees, but they can also cost a whole lot of money, especially if they’re frequent.
Furthermore, skilled employees who understand their job and how best to accomplish it are going to suffer from significantly less work-related stress. Those laborers who know what they’re doing and take it all in their stride are the ones who are going to remain comfortable and assured. They’re more likely to maintain optimum levels of job satisfaction and wellness, which will keep your turnover rate low and also decrease the number of sick days you’re dolling out.
MORE INNOVATIVE WORKFORCE
Employees who have knowledge of what they’re doing, how to do it, and are comfortable undertaking work-related tasks are able to think more innovatively. Instead of spending all their time worrying about how they’re going to get their work accomplished, skilled employees’ minds are free to think outside the box and come up with more creative ideas and solutions.
FINDING AND MAINTAINING YOUR SKILLED WORKFORCE
Starting off with a good workforce comprised of skilled laborers sets you up for success from the get-go. Not only are they knowledgeable and experienced, which will provide you with all the benefits listed about, but they’re also an important resource when it comes to training new hires.
Employees who feel like they haven’t received the appropriate training to undertake jobs safely and to a high standard are probably going to bail on you eventually. If you want to stop people from jumping ship and keep your turnover rates low, you need skilled workers who can train other employees, who will, in turn, become skilled workers themselves. It’s all part of a very important circle of skill. This is why it’s so critical to create a solid foundation with a skilled workforce to build upon and train your other employees.
So, you know that having a skilled workforce, to begin with, is important for the success of your business, that’s understood. But it’s also easier said than done. You might want to hire the best of the best, but finding them and holding on to them can be tricky. Skilled labor is quickly snapped up, the best employees aren’t just sitting around waiting for your phone call.
Fortunately, labor hire agencies tend to have a good database of pre-screened candidates who are ready and willing to get to work. Since labor-hire agencies always check for the appropriate skillsets and experience before matching a candidate with a job, employers who are looking for great laborers can rest assured that they’re hiring the right people. For those who know that they need skilled employees but are struggling to find them, try contacting a local labor hire agency.