Contingent workers provide convenient, flexible, specialized skills that best fit the changing needs of the modern workplace.
Research indicates that one third of the U.S. workforce is now made up of contingent workers, who are sometimes referred to as freelancers, contractors or temps. And the growth isn’t just limited to the United States. Globally, the contingent workforce is expected to be worth around $400 billion by 2018.
Here are some ways that engaging contingent workers can help your company achieve success.
Savings on time and money
Contingent workers are normally employed by the staffing company that sourced the worker or via contingent workforce solutions providers like Emergent. This means that the responsibilities of an employer, such as payroll, insurance, legal, HR and benefits administration rest with the staffing company or the Employer of Record – saving the client company time and money.
Short term help
Many companies have a significantly smaller staff than they had a couple of years ago. Yet the same amount of work (or more!) has to be done. Hiring contingent workers on a project basis can be helpful during busy periods as there is no obligation to continue working with the contractor after the project is complete. They are often beneficial for companies who experience seasonal ebbs and flows.
No explanation needed here, naturally temps and contractors come in handy when employees go on long term leave (or depart abruptly!)
Opportunity to “try before you buy”
Hiring a contingent worker on a temporary basis with a view to filling a permanent role is becoming increasingly common. It allows both the company and the contingent worker to ensure that they are the right fit for each other. This is also the perfect opportunity for the worker to completely understand what the position is, and get a good feel for the culture and values of your company. If it’s not a good fit, both parties are free to end the contract after the trial period without any further obligation.
Temp work no longer just refers to clerical or light industrial positions. Contingent workers have a vast range of skills, education levels and work experience. Temporary workers are beneficial when you need someone who has a specific area of expertise and who requires no extensive training for a time sensitive project (i.e. graphic design, IT and tax experts). They can make it easier for you and your team to complete what needs to be done in a timely manner.
Flexibility has become a popular demand in today’s workforce, often at the request of the worker. Mixing temporary and full-time employees can improve productivity, job satisfaction and can create a more flexible job market.
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