January 30, 2018
February 2, 2018
The rise of the contingent workforce has accompanied a dynamically changing business landscape. No longer can companies remain static in their old ways of doing things – rather, they must always be ready to adapt, pivot, and change to better align with market conditions. And with the increasing sophistication of remote working technologies, businesses can get the best talent for the job, no matter where they’re located on the globe. Using contingent workers may not be the best fit for every company, but there are certain situations where the extended workforce can present a distinct advantage. Here are five signs you may want to hire contingent workers:
Is it becoming increasingly apparent that your current employees lack a specific skill set needed to move ahead with certain projects? This scenario isn’t uncommon – with the rapid development of technology, it’s difficult to anticipate what skills will be needed for digital tools that haven’t even been invented yet. However, it’s critical that your workforce has the talents and know-how needed to move forward and help your company remain competitive. Your first instinct may be to start searching for a full-time, permanent employee with the desired skill set to bring onboard. But you don’t have months at your disposal to slowly recruit someone new – you need to act fast. Hiring a contingent worker enables you to quickly bring on the talent you need to fill that critical skills gap. There’s no need for extensive onboarding or training – your new worker can hit the ground running.
Are employees frequently working overtime, or are managers struggling to assign reasonable workloads? Or maybe you’re headed into a crucial financial quarter for your company and are wondering how your employees will have the time to take care of all the work necessary to accomplish in the high-pressure season ahead. In these scenarios, you may want to consider hiring contingent workers. While you may not need to invest in the overhead that accompanies hiring permanent employees at this point, bringing on contingent workers enables you to lessen workloads for everyone. With contingent workers helping to pick up some of the slack, you can have the time and clarity of mind needed to reassign workloads and create more manageable expectations going forward.
In this modern business landscape, those who snooze lose. If countless meetings and collaboration sessions aren’t producing the innovative ideas you need to take your business to the next level or solve a problem you face, then contingent workers may be able to help. It could be beneficial to hire a short-term employee whose job duties solely relate to a certain project, which gives that individual the time and resources required to innovate in a specific area of your company while traditional employees can remain focused on maintaining normal business functions. Injecting niche talent into your business can be the fuel that drives exciting innovation!
Are you looking ahead to the rest of 2018 before you and worrying about how you’ll bring on the new talent that you know your company is in dire need of? Hiring contingent workers in the place of a few traditional, permanent employees can help you address human capital needs without squeezing your budget too much. With project-based workers, you won’t be responsible for supplying benefits and onboarding protocols, which cuts down on overheads.
Does it feel like your business is having an identity crisis? Maybe to start off the new year your company introduced new workflows and processes that are causing confusion and disorganization across the business. If that’s the case, then think about hiring several contingent workers. The added manpower can ease burdens on existing employees while your company reassesses and pivots its strategy. Though contingent workers may not be the right fit for every organization, they can often be lifesavers when it comes to keeping your business on track. The five scenarios above are signs that it may be time to consider hiring contingent workers at your organization.