IN-HOUSE VS. OUTSOURCED COST COMPARISON GUIDE
Whether you need help with one resource or an entire team of resources, finding great people is stressful and takes time. The salary is also only one cost — there are numerous additional costs that must be considered if you’re going to recruit and hire a resource in-house. Some costs can include:
- HR resources
- Sourcing, screening, and interviewing time
- Job ads, background checks, and drug screens
- Benefits and taxes
- Management oversight
- Office space and supplies
All of these additional costs add up which begs the question, should you recruit and staff in-house or outsource this important business function to a strategic partner?
We've created a handy guide providing you with a real-world example — a breakdown of your in-house cost if you recruit and hire on your own versus our outsourced cost if the same resource was recruited and hired through TSP.