Ever thought about what would happen if your strongest team member has to go on maternity leave, take a sabbatical or simply leave the company all together? How would you and your team cope with the extra workload, loss of knowledge and shortage of resource that inevitably results from the loss of an employee?
Read on to find to discover what we believe are the key benefits to your business by hiring contractors, and take a look at our guide on the benefits of working with Robert Walters for all contractor hiring.
There is now a growing pool of professional candidates who choose to work on a contract basis over a permanent basis. This could be due to the specialist experience they develop as well as the diversified nature of the role. There are also various tax advantages by contracting as opposed to working on a permanent basis. As a company uses more contractors, it is able to build up a pool of specialist workers who have the capabilities and experience to work on its future projects.
A temporary resource can help ease the workload during busy periods, sickness/maternity cover or fulfil any required project work with minimal disruption.
Temps or contractors have specialist skills and knowledge and are experienced in carrying out a particular role – you don’t have to provide training.
It is often far easier to bring a temp on board than it is to get permanent sign off.
By recruiting the right contractor, you’ll get huge added value from the skills and knowledge acquired from the different companies the contractor has worked for.
If you have an urgent need you can turn to a temp resource with immediate availability who can quite possibly start the next day
Contracting allows you to see how the resource beds in with both the work and culture of the environment before you commit to a permanent hire.
It is often far easier to bring a temp on board than it is to get permanent sign off. Hence, if a line manager needs someone urgently, this could be the only available route to getting access to an additional resource.
With the markets currently stressed, clients may not feel confident enough committing to a permanent resource. Hence, companies may choose the temp option whilst monitoring the market conditions at the same time, which buys them time to decide which is the best way to proceed in terms of human resource whilst covering the current workload.
For organisations facing permanent headcount freezes, hiring contractors will allow them to fulfil their resourcing needs thus shortening the recruitment cycle and reducing opportunity cost.
Hiring in Supply Chain and Procurement (Contract): Heightened demand for candidates with regional and digital experience
Hiring activities for contract roles in supply chain and procurement trended up in 2022. “With the ongoing Russia-Ukraine war and the COVID-19 pandemic going on for a good part of the year, there were major supply chain and logistics disruptions worldwide,” remarks Anarane Thng, Manager of CommerceRead More
Hiring in Banking and Financial Services (Contract): Candidates take the driver’s seat in 2023 hiring activities
Candidates may have prioritised job security during the pandemic, but attitudes have shifted two years on. Glen Chua, Senior Manager at Robert Walters, points to a candidate-driven market and workplace wellness as two key trends that have emerged 2022. “Right now, there are more jobs to be filled thRead More
Hiring in Technology and Transformation (Contract): Market expected to remain buoyant for tech contracting roles in 2023
Demand for local tech talent remained hot in 2022, even as Singapore’s tech industry draws a large portion of its talent from other countries. “With increased EP costs and S Pass quota limits in place, companies have turned towards local candidates to fill open roles. In the past year, local candidaRead More
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