"Your biggest expense is the cost of your people, and when managing that resource you need to be prudent and thoughtful," Rick Revetria, managing director of the business consulting firm Sensiba San Filippo, told the news source.
When considering adding new full-time workers, the source reports business owners should consider how much money the additional employees will bring in compared to how much they will make and how much it will take to train them.
If the work shortage is more of a temporary or seasonal problem, such as the busy March and April months for tax franchises, the source says it doesn't make financial sense to bring in full-time workers, and seasonal help is more appropriate.
Companies looking to hire workers are finding that employees are not in short supply. USA Today reports that much of the unemployed workforce is made up of people who were laid off because of budget problems, and may still be very capable workers.
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