When your company is going through a growth phase, you might be tempted to start the hiring process to bring on new full-time workers. What happens if you no longer need them six months down the line or you find that your new hire is a bad fit for the culture of your company? Contract staffing could be the solution you have been searching for to make the most of your initiatives.
Contract staffing, also known as contingent workforce staffing, is a strategic business model where you can bring on workers with the exact skills and talents you need for a specific project. Not only do you get the help you need when you need it, but it has tons of other benefits for a growing business.
Are you tempted to give contract staffing a try for your next initiative? Here are some of the top benefits that will have you implementing a contracted staff member instead of a full-time hire.
Cost Savings
First and foremost, one of the largest benefits of contract staffing is the inherent financial savings when compared to other methods of hiring. When you bring on contract staff, you lessen the out-of-pocket overhead associated with hiring a full-time or part-time worker.
Think about all of the costs that come along with bringing someone on staff including insurance and benefits. This is a massive savings right out of the gate!
Contract staffing also helps you avoid the rush to hire and onboard a full-time worker who ends up being a poor fit for the company. Instead of scrambling to fill a role because you need someone to complete necessary tasks, the contract worker can fill that role without your team falling behind or getting burnt out. Employee turnover is an expensive part of doing business, but it can easily be avoided by staffing in this way.
Time Savings
While many hiring managers look at the financial bottom line when bringing on workers, the time savings associated with contract staffing is also worth noting. Bringing on a worker with the skills you need via a contract staffing agency is faster than hiring a full-time staffer.
Consider the process that goes into hiring: job posting, sorting through resumes, and interviewing. Save yourself some valuable time with contract staffing.
All of this is easily avoided when you work with a recruiter for contingency staffing. Instead of doing the work yourself, you can entrust it to a contract staffing agency like Alaska Executive Search. You can skip the process of scouting, interviewing, and hiring contract workers entirely on your own.
Nimble Pivots
Chances are that your business does not stay the same all year long. We know this is especially true where we’re headquartered in Alaska, where some industries such as construction must halt work in the winter.
Contract staffing allows your company to quickly scale up and down based on your needs such as seasonality, new business contracts, or new initiatives. You always get the right level of assistance you need to get your work accomplished without fear of having to make the tough decision to let a full-time employee go.
Plus, you can hire specialized experts to help you branch into new sectors or industries. Once you secure the work you need, you can bring on full-time workers (or not), depending on the initial successes you have with this new line of work. You essentially have flex staffing to fill gaps as needed.
Fresh Perspectives
Are you tired of the same stale ideas that float around the boardroom? An outside worker can often provide a fresh and unbiased perspective of your workflow. As a result, you might be able to work with them to identify places for improvement within your existing team. This can boost your productivity and may even inspire you to pursue a new line of business.
A contract staffer may also have unique experiences and insights into a new initiative from one of their previous workplaces. If you are not quite ready to move forward with an initiative, it might be worth talking to your contracted staff members to see if they have previous experience with any of these upcoming business goals.
You might be pleasantly surprised by a fresh approach you never even considered before.
Calculated Growth
Growth is one of the biggest challenges with operating a business. Whether you’re launching a new line of services, expanding into a new location, or making a strategic shift, the potential for higher sales and new clients comes with its share of risks.
Hiring is one such risk. Venturing into a new initiative and expanding your business will require extra hands and skillsets beyond your current workforce. But until you gain familiarity with your new initiatives, you may not know exactly what skills or how many workers you truly need. This may result in spending time and effort to hire a quality employee only to realize that the role you hired them for does not actually fit with your new direction.
Hiring is a time-consuming, expensive, and exhausting endeavor. Instead of rushing to hire people, you can better manage your risks by bringing on contract workers to fill the gaps and test drive your strategy. This buys you more time to identify the exact positions you may need to hire for full-time.
Especially if your business is in the process of restructuring, contract staffing could be the solution you need. New roles could pop up, but you do not yet know whether they require a full-time staff. In fact, you may find that some of the roles you thought were full-time positions are actually better suited to a part-time contract staff. Save yourself money and time by growing only in the capacity that you truly need.
Alaska Executive Search for Contract Staffing
Working with a staffing agency to find the skilled workers you need is the best approach to bringing on workers in the gig economy. A staffing agency does all of the talent scouting and recruitment to bring in top talent across a variety of industries. You can save yourself both time and effort while narrowing down the field to people who truly have the skills you need for the ultimate success of the business.
Alaska Executive Search is a premier contract staffing agency with more than 30,000 contacts in our network to ensure you hire the perfect worker each and every time. We have more than 45 years of real-world experience with scouting, recruitment, and retention. Our goal is to help you hire smarter and faster for all of your needs. Contact Alaska Executive Search today to learn more about how we can help you get the staffing you need.