A Long-term Solution: The Advantages of Hiring Short-term Employees Many companies have hesitations about hiring temporary staff, fearing that such employees might turn out to be lazy, unskilled, and unproductive. Temporary staff cannot seem to rid themselves of unpleasant stereotypes, but most of these assumptions are often unfounded. A number of medium-sized businesses in Australia are seeing a rather high turnover rate in regular employees, leading to the rise of temp workers as an efficient solution for others. This is true whether a company needs accountants, nurses, or IT professionals. Listed below are some of the advantages of hiring a temporary worker.
Cost Savings Hiring temporary staff is often cheaper than hiring permanent employeesâ€”the latter are entitled to holiday pay and sick leaves, while the former arenâ€™t. While employers still have to provide compensation and overtime pay to temp workers, they can still save on medical benefits, as well as vacation leaves and retirement benefits.
Maintains Flexibility With the changing needs of the work force, temp agencies give a quick solution to businesses that experience fluctuating workloads. Temp workers maintain the flexibility of businesses, providing flexible work arrangements that give companies staying power, and, ultimately, meeting their clientsâ€™ needs better.
Immediate Availability Most employers rarely have the time to recruit, browse resumes, and interview prospective employees while running the day to the day needs of the business. Temporary workers are immediately available, as some temp agencies have already done the work of finding qualified individuals. These workers are also available for short-term employment for businesses that only need help for a few hours, weeks, or months.
Sourcing Talent Temporary positions are a great way to attract prospective permanent employees that are suitable for a particular job. It is also easy to terminate the contract of an employee who is mediocre in terms of performance, without all the hassle of severance costs and unemployment claims.
Many floating temp staffs today are skilled and highly qualified individuals, far from their unflattering stereotypes. Hiring temporary employees is an efficient solution to expanding businesses that need a specialized set of individuals for just a limited time. RESOURCES: http://www.brw.com.au/p/leadership/staff_turnover_rates_drop_as_more_7HlLgrKCB4sH9BN0xW6fuL http://www.i-recruit.com.au/ http://humanresources.about.com/od/glossaryt/g/temp_employee.htm https://www.ato.gov.au/Business/Deductions-for-business/In-detail/Service-entities/Your-serviceentity-arrangements/?page=6
Many companies have hesitations about hiring temporary staff, fearing that such employees might turn out to be lazy, unskilled, and unproduc...