What’s the Real Cost of a Bad Hire for Your Business?
A bad hire can – and often does – have serious consequences for an organization’s success. For smaller businesses in particular, a five-figure...
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2 min read
nTech Workforce : Dec 4, 2018 11:15:58 AM
Recruiting contract hires can prove to be a reliable option for employers. Because one in every five workers is a contract hire, the trend is here to stay. More often than not, employers can save nearly 25 percent on hiring costs on insurance, taxes, and benefits while being assured of expertise at the same time. Beyond that, employers enjoy reduced risk of layoffs as most contractors are hired on a short-term basis – but that’s not all.
At times, you may need to hire a contractor to fill a skills gap or when you’re looking for quick turnaround. This is an effective way to accelerate growth and learning in your organization. The one unique trait that is common to most contract hires is their ability to bring fresh perspectives to the table.
Since many contract hires are likely to have worked in several companies, they often possess a diverse array of organizational experience. This allows contractors to evaluate business processes and systems from an outside perspective. It’s easier to find innovation in a team of diverse experiences and contract hires could help provide the missing skills for more effective results.
The diverse experience and skill sets added with contract hires allow them to offer out-of-the-box solutions to problems your team is encountering, accelerating both growth and productivity. If your team is stuck trying to concept new ideas, contract hires are more likely to view the issue with a fresh pair of eyes and possibly understand the cause behind the standstill. The fresh approach often paves the way for innovative problem-solving.
In the event the contract hire proves unsatisfactory, you always have the option to terminate the relationship with little or no paperwork.
Most contractors have years of experience in a niche area which means you don’t have to spend time and money training them. Recruiting contract hires is not only a budget-friendly way of satisfying changing labor needs, but also a way to significantly reduce employee overhead. Contract hires can get projects off the ground, advise permanent employees, and fulfill other project requirements in an expedited manner.
What’s more, due to their consistent exposure to evolving industry trends, they are more likely to be familiar with changes in cutting-edge practices. Leveraging their diverse experience helps your organization benefit from a fresh, innovative approach to problem-solving.
As a leading IT staffing agency, nTech Workforce offers trusted recruiting services in the IT and tech field. Contact us today for talented contract hires with in-demand technical skills.
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