In-House vs Staffing - What Hiring Method is Right for Your Team?
There is a war on for talent in finance when it comes to in-house vs staffing. Anyone on the hunt for human capital in the accounting field knows too well -- it's historic, ongoing and expensive.
Even in labor markets that are flush with new grads and seasoned seekers is fierce, finance leaders like CFOs, Controllers and Directors may struggle to move the needle. When it becomes necessary to call in reinforcements, those on the front lines of the war for talent have three broad strategies to choose from: revisiting or building upon existing in-house hiring infrastructure, seeking out assistance from a staffing firm or partnering with a virtual accounting support provider with offshore resources.
Choosing the strategy best suited to the needs of your organization means that you don't have to sacrifice long-term victory to triage short-term losses. When it comes to finding, hiring and keeping skilled finance professionals to fill the ranks, leaders can win the battle and the war.
Check out the pros and cons of each method and don’t miss the table inside the PDF! It allows for a side-by-side comparison of the key features of three most common hiring models in finance: In-house procurement, staffing firm assistance and hybrid hiring with a virtual support provider.
Interested in more about in-house vs staffing, or finance and accounting in general? Make sure to visit our tools resources hub where you are sure to find guides, tools, checklists, etc., etc to help you with your everyday accounting tasks.