Every business knows that having a freelance or contract based workforce has pros and cons when it comes to planning and production. If your Human Resources department is on the fence about whether or not a contract based workforce fits into your goals for the year, there are three points you can bring to the table.
It’s financially savvy
Companies are consistently looking for ways to cut costs while still maintaining a high production rate. In the current economic times, hiring managers need to be able to find the bright, new talent without investing millions of dollars in recruiting, sourcing, hiring, and benefits. Hiring managers need to consider that a contingent employee with solid skills is more eager to enter the workforce for a lower wage in order to prove themselves or grab a shot with the company they’ve been dreaming of. Permanent employee plans including health and benefits, retirement funds, and profit sharing are delayed until the company decides if the employee is a good fit. And more time is spent developing products rather than recruiting and training employees that may or may not stay long enough to make the financial costs worth it.
It’s just plain good for business
Businesses are always growing or shrinking with the economy and consumer need. A contingent workforce allows employers to easily grab the talent they need for higher production while still being able to cut costs quickly if the production rate slows. A company that is publicized as a place where “the best of the best” of temporary employees can go for a solid career is more likely to find the top tier candidates. A business can immediately introduce the talent they need now, not six months to a year later using traditional recruiting styles.
Trial and Error: People Style
Not only does the use of contingent workers give the employee the time to “test the waters,” but it gives the business the time it needs to see if that worker is the perfect fit. Are they reliable and dependable? What kind of training will they need to advance production? Are they going to fit into the big picture in the company’s long term goals? By using contingent employees, businesses can have a rare glimpse into the crystal ball of their future and see exactly how the pieces fit into the long term puzzle.
Whether you are currently using the practice, or you’re just considering implementing a contingent workforce, Horizon Personnel can help you with your future business goals. We offer business consulting, direct hire placements, temporary and temp-to-perm with top tier candidates, and the peace of mind your business needs through recruiters who share the same goal: the long term success of your business.