5 reasons why hiring contract workers could be key to your business in 2023/24
Employer demand for flexible work arrangements and contract workers is currently stronger as companies adapt to the evolving market conditions. At Jersey Road Talent, we have witnessed a significant 38% increase in outsourcing temporary workers and contractors within the last four months.
Considering the current volatile and challenging times, there are numerous advantages to hiring contractors and temporary workers for your business needs.
Read below our top five benefits of engaging temporary workers and contractors in 2023/2024:
1. Hiring specialised expertise:
Contractors and temporary staff often come with plenty of years of experience and are seen as a “fast access” to updated skills! When hiring specialised talent, they are experts in their game and it is likely you would receive immediate productivity, as most contractors will dive straight in and they would require very little training, if any, to begin the project and make a difference.
2. Cost efficiency (protecting your bottom line):
Hiring temporary workers or contractors can protect a company’s bottom line when budgets and profit are crucial. Temporary workers & Contractors are cost-effective resources to support project-driven demands and market changes. Outsourcing talent through an agency is a great way to support your company budgets and adapt to economic changes with the following:
- No holiday, sick or overtime pay.
- Reduced overhead costs.
- Insurance, payroll tax, rates & super costs are all covered by the agency.
- Controlled staffing budget.
3. Flexibility:
Contractors offer flexibility in terms of project duration and workload. You can engage contractors for specific tasks or projects without committing to long-term employment, allowing you to adapt quickly to changing business needs.
4. Scalability:
Hiring contractors enables you to scale your workforce based on demand. When you have fluctuating project volumes or seasonal requirements, contractors offer the flexibility to quickly expand or downsize your team, ensuring optimal resource allocation.
5. Fresh Perspectives:
Contractors bring fresh perspectives and diverse experiences to your organization. They can introduce new ideas, challenge the status quo, and offer innovative solutions, promoting creativity and a broader range of insights within your projects.
These are just a few ways that hiring contractors can benefit your businesses in 2023/24, allowing you to navigate the ever-changing landscape effectively.