As businesses grow, their financial operations become more complex, requiring additional expertise and resources. However, hiring full-time finance professionals in the UK can be prohibitively expensive, especially for small and medium-sized enterprises. Here’s our strategic guide to scaling your finance team:

The Traditional Approach: Full-Time Hires

Hiring full-time finance staff in the UK involves significant costs beyond salaries, including:

• Employer National Insurance contributions
• Pension auto-enrolment costs
• Benefits packages
• Training and professional development
• Recruitment fees
• Office space and equipment

The Dux Strategic Partners Model: Flexible Resourcing

At Dux Strategic Partners, Our blended model offers a more flexible and cost-effective approach to scaling your finance function:

• Part-time expertise: Access to senior financial expertise without full-time costs
• Specialized skills on demand: Bring in specialists for specific projects or periods
• Scalable support team: Adjust the level of support as your business needs change
• No hidden costs: All employer costs are included in our transparent pricing

Cost Comparison: UK Hire vs. Dux Talent

To illustrate the potential savings, check DUX Savings calculator: https://dux-partners.com/calculator/

Implementation Strategy

When scaling your finance team using our model, we recommend:

1. Conducting a thorough assessment of your current and future needs
2. Starting with core functions before adding specialized services
3. Establishing clear communication protocols and performance metrics
4. Implementing a phased approach to ensure smooth transition

This strategic approach to scaling your finance function allows you to access the expertise you need while maintaining cost control and flexibility. Contact us to discuss your specific requirements