When you open a small business, you may be looking for ways to cut costs. One of the ways you can do that is by hiring a contingent worker.These workers include part-time, seasonal, and temporary employees who you can call upon if you need temporary help. They’ll be willing to work fewer or even more hours as needed.
Read on to learn more about the benefits of contingent staffing.
What is Contingent Staffing?
Contingent staffing is the practice of hiring temporary or contract employees to fill contingent workforce needs. These employees, also referred to as contingent workers, are usually employed for a specific period or for as long as needed. They can be used to meet unexpected or seasonal staff demands due to:
- extra production runs
- cover for absent employees
Navigating the workforce waves of contingent staffing requires a thorough understanding of the types of contingent workers and their needs. Managers need to create a staffing plan that meets the current business needs while also balancing the needs of the projected workers.
When is the Best Time to Consider This Strategy?
Driven by natural supply and demand forces, the availability of talent changes from season to season and affects the cost and quality of labor. Some periods of the year may be more favorable for this strategy. This can be due to the availability of workers for contract or project-based positions.
For example, during the holiday season, there may be an abundance of temporary workers due to seasonal demands and higher unemployment rates. Additionally, when your organization is looking to quickly grow or shrink operations, utilizing contingent labor is an especially effective strategy.
What are the Benefits of Contingent Staffing?
Contingent staffing involves hiring workers for job assignments on an as-needed basis. This offers business owners the flexibility to respond quickly to dynamic market needs.
Reduce Overhead Cost
It also helps businesses reduce overhead costs. This is because those engaging in contingent staffing don’t have to bear the costs associated with maintaining a full-time staff.
Wider Pool of Talent
What’s more, it gives employers access to a wide pool of experienced professionals. This can be anyone with specialized to highly experienced skill sets.
Limit Legal Liabilities
On top of this, it reduces the risk of legal liabilities associated with traditional staffing. This is because the relationship is based on a temporary/contract basis. Thus limiting the employer’s risk and liabilities.
Where Can You Find Contingent Workers
So, how can you hire this type of workforce for your company? Where can you find there?
Companies can find contingent workers through:
- job agencies
- staffing companies
- independent contract sites
- staffing markets
These places are designed to match companies with needed talent. Companies should exercise due diligence when researching and selecting a company like Innovative Employee Solutions for contingent workers. This is because this helps safeguard against scams and ensure companies have suitable resources that fit their particular needs.
Navigate Your Workforce Waves With Contingent Staffing
The power of contingent staffing to fill your staffing needs quickly and responsively cannot be overstated. Not only does this help you maintain agility and competitiveness. It also gives you access to specialist skills and the ability to get headcount, costs, and quality of staff just right.
So don’t miss out on this powerful tool for navigating the workforce waves. Take the first step now and contact a leading contingent staffing provider.
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