Houses are not only assets, they are the dreams of many. Every year, so many people buy homes from real estate companies. For example, the year 2023 witnessed sales of nearly 5 lakh homes across top cities in India, signifying the increased demand for real estate. To meet the growing demand, realtors will need to continue accelerating the pace of labour supply. The best way to do so is to use the best staffing services in India. These services will ensure a continued supply of credible workforce apt for home construction tasks.
Check Out the Best Staffing Practices for Real Estate Firms
Staffing practices should involve processes to rope in construction talents at the earliest. Here the focus should primarily be to find credible people lying at the bottom of the workforce pyramid. These would be like construction technicians, loaders, material handlers, etc. To manage their work efficiently, real estate firms also need to hire site supervisors. This way, the scope for on-time project completion remains higher.
Implement a Robust Volume Hiring Process
Real estate firms would want people for numerous projects seeing the surge in demand for home purchase among prospective buyers. To meet such demand, they need to implement a robust volume hiring model by which they need to hire construction workers in bulk. These people would have similar skill sets, experience and educational backgrounds.
Hiring a large workforce would require constituting an in-house HR department for the said task.
An easier solution would be to collaborate with a renowned staffing company in India, which often helps its clients deliver construction projects on time using its staffing excellence.
Staffing companies have a vast pool of such talents, helping them meet the staffing requirements raised by their clients on time.
Temporary Staffing Plays a Crucial Role
Real estate firms would require a large-scale workforce for their construction projects across India. However, on an individual unit basis, the workforce may not be required forever. So, as a real estate enterprise, you will need to implement a robust temporary staffing approach. This means a contractual workforce who will be there for the time the particular real estate project remains on.
With temporary staffing services in India, real estate firms can hire a contractual workforce for much lower pay than their permanent workforce. These workers don’t typically receive health insurance, paid time off and several other privileges applicable to full-time employees. These services prove cost-efficient for real estate firms, allowing the flexibility they need to drive successful housing projects across India.
Even here, real estate firms can collaborate with contract staffing companies in India for a contractual workforce. Using their extensive talent pool, these companies allow real estate companies with a wide range of temporary staff, helping them complete housing projects on time and at a high scale.
Things Real Estate Firms Must Consider When Implementing Staffing Practices
Real estate projects run in crores, involving a series of activities. Sometimes work happens in batches, resulting in extended projects and massive investment outlay. While real estate firms can’t do much about the cost of raw materials, they can surely have control over staffing expenses. The way to do this is by understanding the project requirements in depth. Many times real estate organisations ramp up their workforce way too much seeing the surge in demand, leading to cost overruns and reduced profitability. So, calculate the extent of staffing carefully. Real estate firms can connect with staffing services providers in India for the same. These service providers would be able to assess the staffing requirements after getting a brief from real estate firms. The point is to meet the goals without having to incur much.
Conclusion
Real estate firms must implement effective staffing practices to deliver housing projects on time. Undertaking multiple projects at a time is impressive. However, these firms must avoid getting into the situation of being understaffed or overstaffed. Both scenarios present perils when undertaking housing projects. As a real estate entity, you can connect with Kutumbh HRCare (Kaam matlab Kutumbh) to fill in the required workforce on time and at a low cost. Collaborate Now!
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