Recently, our Western European Daily News covered Randstad's announcement of launching a job "secondment" scheme in the U.K. This scheme will enable small businesses to hold on to their employees whom they would have otherwise let go of because of tough economic conditions.
The idea is to loan out your employees to other companies who might need them. Randstad helps place these employees in a "secondment" position and pays the hourly rate from the new job to the original employer to cover salary costs. This way, employees keep their permanent job and employers don't have to do any layoffs, which can be quite costly both in the short and long haul. Sounds like a win-win situation to me.
Well, I am sure it's not as simple as I make it out to be. But you have to agree that it is a very interesting idea and something worth trying. I am curious if anyone has heard of a similar strategy being used in the United States? I seem to recall that a semiconductor firm, maybe based somewhere in Texas, tried to use seasonal workers in a similar fashion, but I can't come up with a name. Can anyone help me out here?
It looks like the idea has been bounced around on and off in the U.S. and maybe it is time that a staffing company take a stab at it in the U.S. It's an innovative way to be a true partner and workforce solutions provider to your customer. And it's a great way to live up to the staffing industry's very noble motto of putting people to work. I'd welcome any thoughts on what you think of this scheme, if it will work or if you think there are any pitfalls to be aware of.