How would you spend your share of $2million?
Pic: AJ Moore

How would you spend your share of $2million?

As one of the businesses loving huge savings in growth and operating costs, would you pocket your share of the dollars or put it into staff training? Or perhaps invest in some R&D to improve your product suite and raise future revenue potential?

You could treat everyone to a full bonus payment this year or a day on the harbour? Or otherwise splash out on some cool stuff for the office?

Likely do an employee survey on how best to spend the funds: sponsoring a humanitarian project somewhere like literacy or technology programs for underprivileged kids’ maybe?

Easily the best part of our “as a service” model is admiring how our clients better spend all that money we save them.

Having already saved our clients over $2million in growth expenses like recruitment placement fees, advertising, internal overhead and the like, I’m thrilled to share that initiatives like the latter are becoming increasingly common: particularly in growing small and medium sized firms who might not yet have the legacy of charity partnerships like the bigger firms.

Redundant business expenses like 15% placement fees for new employees is one of the most obvious wastes of funds better spent elsewhere.

Companies still stuck in the “must set a preferred supplier panel & pay on percentages” mindset are missing out on the opportunity to redirect significant capital to more strategic projects and initiatives. We’re saving our clients tens of thousands of dollars in organic growth expenses, often from just stopping the hemorrhaging around permanent placement fees and exorbitant margins! Imagine what can be done with all that money!

So what would you do with your savings?

A pool table for the staff lounge? (We’ve seen it done…). Or perhaps an awesome end-of-year Christmas bash for your hard-working consultants?

Better still, use part of what you would pay in placement fees to reward your new employees with a better salary, then invest the rest into a ‘strategic projects’ slush fund (that includes the awesome Christmas bash): fuse enterprise with altruism.

Everybody wins.

 

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Look up how much you’re spending on things like recruitment fees, consultancy margins, lead generation, presales expenses and the like. Decide how much better you could invest all that capital. Then get in touch and we’ll make it happen for you. #NewYearsResolution #ResourcingAsaService  #TheSmarterAlternative #HigherROI 

www.Entrada-Consulting.com 

Adrian Everett

Director | Relationship Manager | Business Management | SAP and HXM Specialist

9 年

A $2m day on the harbour? Got space for one more?

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