As an independent supplier of Temporary Workers, Wote St Employment Bureau finds cash flow pivotal to our company’s well-being.
It’s one of the reasons that our terms for supplying temps are just 14 days. We have a legal obligation to pay our temps on time and why shouldn’t we; they are a valuable resource and should be rewarded appropriately. Over the last couple of years, we have noticed a gradual “stretching” of the terms by more and more customers; it’s hard out there. So, we came up with the brain wave of asking our regular customer base (89 companies), if they would be interested in receiving a settlement discount for paying early.
To be honest, giving money back always brings me out in a cold sweat, so this took some gumption on my part. I was amazed at the response – although I shouldn’t have been. Only 1 customer said they would seriously consider it. Everyone else preferred the time to pay.
The positives to be drawn from this include the fact that our pricing is affordable and that more importantly it really is good to talk to your customers. We could have introduced this measure thinking we were offering a better service, when in fact it added no benefit to our Clients whatsoever.
The other conclusion is that people respect good service; they just need an appropriate amount of time to pay for it. So, Wote St Employment Bureau won’t be introducing settlement discount, but we do need to keep our debtor days to a minimum.
It’s back to the drawing board and the credit control calls – if anyone has any answers, send them on a postcard to…….. Seriously speaking – it’s good to talk, tell us what works for you.0
If you’re looking for job vacancies in Basingstoke, working with a local recruiter like Wote Street People could be very rewarding because we have the local business knowledge that might lead to opportunities for you to meet with companies face to face. However, there’s nothing more annoying than registering for job vacancies in Basingstoke with[…..]
Local recruitment agency, Wote Street People, won Student’s Choice at the recent Skills Tree Awards. The ceremony was held at BDBC Council Chamber on 7th November and organised by Basingstoke Consortium; an education charity that works with the area’s young people. Their goal is to help students gain the skills and confidence for adult life[…..]
What is it used for? A CV provides an overview of your working life so far. However, it doesn’t need to be restricted to just your working life. If you have achievements or interests outside of work that may have a bearing on your application – write about them. Now is not the time to[…..]
PREPARATION PREVENTS POOR PERFORMANCE Put yourself ahead of the rest and research thoroughly prior to your interview. Run through the Job Description and familiarise yourself with as many duties as possible. Pay attention to any Person Specifications and note what the company are looking for in a person. Look at the company website (provided by[…..]
I don’t know about you, but it seems the minute the mid-Summer Solstice has happened we start thinking about Christmas. Who’s going where and when. Who wants what, who doesn’t want anything and who is going hide in their bedroom all day. You may think this is all a bit early. However, many of our[…..]