To outsource or to hire… that is the question!

You regularly need transcriptions for your business, and with that comes a difficult choice: do you hire a full time employee or do you outsource the work?

As a business owner, this is indeed a dilemma. We’ve seen a transformation in the working world over recent decades. From the development of flexible working to the technological advances in the workplace, the way in which businesses deliver their services has changed drastically. The way in which people are employed is no different.

THE CHANGING WORKPLACE

The days of 9-5 jobs that last for life are a thing of the past. The workplace has moved on, become a more flexible offering for many and is much less constrained by geographical location. There’s also been a shift in the approach to work. Technological advances mean that it’s become more difficult for employees to leave work at the office. The increased demands for efficiency mean that the reality is we can’t just leave work behind, and stress levels have increased as a result.

All this means that businesses face a great deal of pressure to deliver excellent value for money at every turn. Outsourcing specific functions such as HR, finance or indeed transcription can be the perfect solution for your business to help with this quest. Managing members of staff can not only be time consuming but can also prove to be more expensive and less effective.

COST EFFICIENT

Employing a full time member of staff is demanding, not just on your time but also on the finances of the business. Staff will inevitably need training and equipment. There may also only be a temporary requirement for those particular skills, so a full time employee will be an unnecessary drain on resources that could be used elsewhere. By outsourcing your transcription needs to a specialist in the field, you’re making the most cost efficient choice, paying only for what you need when you need it. With most outsourced work you pay a fixed fee for the job, regardless of how long it takes to complete it. This means that your business doesn’t have to worry about being affected by potentially less efficient employees for that skill. The incentive is for the business to whom you’ve outsourced the work to get it done as quickly as possible so they can move onto the next piece of work.

And there’s not just the cost effectiveness of staff employment costs to consider. When you bring the additional factors beyond wages into play, such as equipment costs, holiday pay etc, outsourcing really does become a very attractive option.

GETTING THE EXPERTS IN

When it comes to transcription in particular, outsourcing the work is an excellent option. Here at FSTL all our transcribers are proficient at transcribing content across a diverse range of sectors. It means your business has the skills of specialists in their field right at its fingertips. They research industry jargon and how best to tackle the transcription to deliver excellent results to the client. This ensures you get maximum efficiency and maximum value – you only pay for the work you need and there’s no need to train a member of your staff to take on the work. You’ll find that the work is completed quicker and to a higher standard. It really is a win win situation.

WHY CHOOSE FSTL?

Here at FSTL we don’t do anything else. Transcription is our core offering – and with over 28 years’ experience in the industry we’ve become experts at it. With expertise in inquiries, medical, financial, energy and legal fields across corporate and public sectors we are highly skilled at producing a fast, accurate and confidential service. Transcripts are totally bespoke, and bring together a a mix of up-to-the minute technical know-how and well-established customer service to deliver each transcript quickly and efficiently.

When you factor all these elements in, the choice becomes much simpler: choose FSTL.

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