5 Ways IT Staffing Firms Saved Companies Money in 2023
As economic uncertainties weighed on companies in 2023, many looked to trim costs without sacrificing their tech capabilities and talent. IT staffing firms proved invaluable partners, providing specialized talent that drove innovation while optimizing budgets in various areas.
Here are 5 key ways we helped organizations reduce expenses this past year:
- Just-In-Time Talent
- Rather than huge, unnecessary investments in full-time tech talent, IT staffing firms provided targeted contract professionals aligned to immediate project needs. This cut costs by over 60% compared to hiring the same skills full-time (Robert Half, 2023).
- Flexible Staffing Models
- IT staffing firms offer access to talent through flexible models like project-based contracts, statement of work arrangements, and temp-to-hire. This allowed companies to size their tech teams and expenses to current workload vs overhiring (CompTIA, 2023)
- Unique Access to Niche Skill Sets
- With connections across industries, IT staffing firms quickly tap specialized talent like AI engineers or Salesforce architects that companies couldn’t easily find themselves. This eliminated extensive recruitment costs (LinkedIn, 2023).
- Reduced Training Expenses
- By handling vetting and onboarding, IT staffing firms ensured contractors hit the ground running. Companies saved over $5,000 per engineer by avoiding lengthy internal training (Code Platoon, 2023).
- Geographical Diversification
- Nearshore talent from regions like Latin America allowed companies to maintain quality while saving 50% over domestic staffing (Everest Group, 2023).
The Takeaway
In 2023, IT staffing firms enabled unprecedented flexibility and optimization of tech teams. This translated into millions saved as businesses navigated volatile conditions – a trend that will continue accelerating.
About Gravity IT Resources
Gravity is a Human Capital Management company headquartered in Fort Lauderdale with offices across the country including Atlanta, Austin, Charlotte, Columbus, Cincinnati, Salt Lake City, San Diego and Tampa. Our company has been recognized by Inc. Magazine as an “Inc. 5000” award winner and one of the fastest growing privately held companies in the United States for the last 5 consecutive years (2019, 2020, 2021, 2022, 2023).
Gravity helps prominent clients like Salesforce, Chewy, Carnival Cruise Lines, AutoNation and hundreds of other big and small companies to identify, recruit and hire IT professionals for their most critical projects and jobs. Our recruitment spans across various roles, including artificial intelligence (AI) specialists, software engineers, cloud engineers, project managers, data engineers, business analysts, security engineers and more.
To serve clients effectively, Gravity offers a range of delivery models and services, encompassing:
- Contract, Contract-to-Hire & Direct Hire of US-based Resources
- Nearshore Staff Augmentation
- Managed Team Services
To learn more about Gravity IT Resources practices, career opportunities and culture, visit https://www.gravityitresources.com/.
