With the rise of remote work since the pandemic, contract work has also increased. Permanent roles may not also be suitable for your organization's needs, but the role needs to be filled and the work completed. Enter contract work. Contract employment involves hiring a person for a specific job under particular terms for a fixed period.
Why and how could contract employment benefit your organization? Learn our top 3 reasons you should embrace the contracting economy;
Contractors are subject matter experts in their respective fields. Need someone who knows the ins and outs of social media perfectly? A team member with minimal onboarding who can execute when they start and provide value to your team upon their arrival. They'll be an expert in how to help your organization perform at the next level and can even bring fresh ideas and industry insights to your team.
Fill an immediate or temporary need. Imagine you are in the middle of a brand redesign, and your Director of Marketing suddenly leaves. You are left in the middle of an important project, and you need someone to step in right away. A contractor could be the perfect solution as they are used to entering organizations or projects and can provide the knowledge required to get your project over the finish line. Hiring the interim support will fill the task at hand and give your organization more time to assess and think about your next move or hire critically.
Financial advantage and risk mitigation. Contract workers can often result in cost savings for your organization. Even though it may be more costly from a pure wage perspective, you can save on CPP, EI, benefits, training and development, onboarding costs, and vacation pay. Legal issues and costs can likely be avoided as well as contract workers should have their own liability insurance.
Are you ready to embrace the contract gig economy for your next project? Congratulations! Start your journey with some incredible resources to connect you with various freelance workers, including; Fiverr or UpWork.
If you are looking for support either with hiring, onboarding support, or other areas of HR, our team is here to help! Reach out to our experts at Wendy Ellen Inc. to assist with all your organization's HR practices.