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The benefits of hiring contract workers
Contract workers are widely used by Australian businesses, with 63% of respondents in the 2017 Australian Salary & Employment report stating they fill contract roles in their organisations. It’s easy to see why contracting solutions are an attractive prospect for employers – they offer the opportunity to quickly hire someone with specialist skills, or to bolster a department in the short term.
Here are some of the major benefits organisations see from employing contract workers.
Find the right employee quickly
Contract employees can offer a fast solution to skills shortages within an organisation, particularly when there are specialist skills involved. Experienced contract workers are often available to start at short notice (sometimes as little as a day) and are already skilled in a particular field, so they provide an immediate solution without the need for on-the-job training.
Assess business needs on an ongoing basis
It’s not uncommon for the need for headcount to shift rapidly in conjunction with the changing needs of a business. However, in a volatile jobs market, short-term contractors provide the ideal opportunity to assess market shifts and organisational needs on an ongoing basis, rather than committing to new employees permanently. Contracting solutions support lean business planning, meaning organisations can respond to changing conditions with greater speed and flexibility.
Trial new staff members or positions
Hiring potential permanent workers on a contract basis allows businesses to assess how that individual will fit within a company environment. Contracting can help managers determine whether an employee with the right skills on paper is a good fit on the job. For rapidly growing or changing companies, contractors also provide a testing phase for organisational needs – giving management an insight into which roles will be crucial as the business moves forward, and which will become redundant.
Give employees shorter notice periods
If an organisation experiences a sudden change or a project finishes sooner than expected, contract, temporary and interim workers generally do not require the same notice period as permanent employees. Short notice periods mean headcount can be adjusted to suit business needs more swiftly.
Positive impact the bottom line
Hiring professionals on a contract basis can protect a company’s bottom line as contractors are only paid for the hours worked, without performance rewards, annual leave, or company bonuses. In addition, payment plans such as the Page Timesheet Portal allow employers to pay contract workers and manage expenses in the one place, maximising operational efficiencies.
If you’d like to find out more about why contract workers could be right solution for your business, talk to our specialist contracting recruitment team.
Hiring contract workers can bring a number of benefits for organisations:
- Help employers find workers with the right skills faster
- Assess and respond to changing business needs
- Find the right employee for a role
- Provide shorter notice periods
- Maximise cost savings and efficiencies