WOMEN IN BUILT
THE PRICE OF INFERIOR SERVICE
By Tania Govender , sales director at Worldwide Staffing
In an increasingly tight economy , businesses across the globe in reality are cutting costs to secure their survival .
Slashing expenditure is the order of the day , but the problem with cutting costs and choosing the cheapest service provider is that it usually ends up costing the company more in the long run .
Here , the adage , “ You get what you pay for ”, isn ’ t just a saying , it ’ s a warning – that price alone should not be the deciding factor . So , how should organisations who are facing squeezed budgets handle the ‘ good service ’ vs ‘ good price ’ choice conundrum ?
Fortunately , these two factors are not mutually exclusive , and businesses can have both . As such , the question remains : what should companies consider when searching for the right services provider ( TES ) to meet their staffing requirements ?
RISKY BUSINESS CONDITIONS The truth is that South Africa ’ s economic conditions are only getting worse . As we struggle with the fallout from the Covid-19 pandemic , load shedding has become so frequent that it is estimated to have contributed to more than one million lost job opportunities .
Strikes , demonstrations and other types of civil unrest continue to have far-reaching and often unpredictable consequences for businesses . Unreliable water infrastructure results in intermittent water outages regardless of dam water levels — all of which heightens the risk for most businesses across the country .
One of the most sustainable , cost-effective ways for businesses to mitigate their risk and reduce costs is to bring
Worldwide Staffing
onboard a TES provider to handle their business requirements . Here , it may be tempting to choose providers based on price given that the wage bill is usually the biggest cost for businesses .
However , while choosing the cheapest provider might seem like an immediate cost reduction , this saving rarely pays off in the long term . While the price appears to be right , organisations need to properly assess whether the supplier can meet all their needs and requirements . It is therefore important for companies to understand what is , and what is not included in the service offering from any TES provider under consideration or they could end up with a nasty surprise bill for unexpected costs .
Tania Govender , sales director at Worldwide Staffing .
Gerd Altmann | Pixabay
Businesses can gain the advantage of agility and flexibility in overhead costs , along with the ability to rapidly scale up or down the staff complement required to meet operational demands .
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