Not so long ago, a temporary hire was considered as a kind of a staffing Band-Aid. They were only to be used if a company was suffering from a shortage of workers.
Temps were usually brought in to meet seasonal increases in demand. Or, to fill in for sick employees who were on leave.
However, during the Great Recession, all of that changed.
A large number of people lost their full-time jobs. They were forced to take on temporary work in order to make ends meet.
Yet even after the economy recovered, many people continued on as independent workers instead of looking for full-time employment.
Today, experts estimate that a third of the U.S. workforce consists of these types of contingent workers:
A large number of them are highly skilled workers in fields such as IT, tech, and design.
They choose temporary work because it offers them more independence and variety in their careers. It allows them to determine which companies they want to work for.
In addition, it allows them to select the projects they want to work on themselves.
This is obviously different for full-time workers, who are expected to fulfill the duties their employer assigns to them.
As a result of this recent increase in highly skilled temporary workers (especially in IT), a temp isn’t just a solution to fill a need when a full-time employee is out.
Instead, many temporary workers are brought on board to lend their expertise to a specific project.Experts estimate that one third of the U.S. workforce consists of freelancers, contractors and consultants.Click To Tweet
Let’s review four reasons why a temporary hire can be a better option than hiring another full-time employee.
1. You don’t have to spend any time or money on talent recruitment.
Hiring a full-time employee is a long process that needs to be conducted with care.
It can take weeks or months to find a candidate with the right skills, and a professional persona that fits into your company’s culture.
Posting job ads, reviewing résumés, and interviewing all cost time. And as a consequence, money.
It places a considerable burden on the HR department and the hiring manager. If the person you hire doesn’t work out, you don’t recuperate the time or money invested.
And of course, you have to repeat the process to find a replacement!
In contrast, when you work with a staffing agency, recruiters take care of finding the right talent for you.
An agency already has a large talent pool. Recruiters know what each candidate’s specialties and work preferences are.
In addition to selecting the right candidate, they’ll also handle the administrative side of things.
In other words, an agency will find you the right candidate for the job quickly—leaving you to focus your energy elsewhere.
2. You can have a temporary hire on demand for a particular specialty.
Imagine starting a five-month project that requires knowledge of a specific computer language.
However, none of your current employees possess that skill set.
You could go out and recruit a full-time employee for the role. But since the project has a five-month duration, you’d have to lay him or her off afterwards.
That’s obviously not a cost-effective solution.
You could send one of your current employees to training to learn these skills. But, he or she is already working at top capacity.
Or, you could hire a temporary worker with expertise in precisely the computer language you need for the exact duration you need him or her.
You’re basically hiring knowledge on demand.The hire-fire-repeat cycle is not a cost-effective solution.Click To Tweet
3. A temporary hire is often more motivated than a full-time employee.
In his Forbes article titled “70% of Workers Aren’t Engaged—What About the Managers?” Joseph Folkman discusses reports that the overwhelming majority of U.S. workers aren’t engaged.
This lack of engagement affects many aspects of a worker’s professional life, from job satisfaction to willingness to go above and beyond for their employers.
Companies spend tens of thousands of dollars on studies for how to enhance engagement and increase overall performance.
When it comes to temporary workers, especially those who work as contractors or consultants, the engagement is far higher.
There are three reasons for this.
First, temporary workers who are highly skilled get to pick and choose their projects. Because they’ll always opt for projects that hold their interest and advance their careers, they’re far more likely to be engaged in their work than regular workers.
Second, temporary workers don’t enjoy the same benefits as full-time workers (unless they continuously work through one single agency). That means they’re highly motivated to perform well in order to complete the assignment—and not be replaced due to unmet expectations.
Third, temporary workers want to forge strong alliances with companies that could possibly use their skills again in the future.
4. Many temporary workers bring in vast amounts of experience and knowledge.
Workers who are on multiple temporary projects have the advantage of:
- being exposed to a wide number of organizations
- a broader scope of knowledge in their field
- experience on a variety of project types and methodologies
Of course, agencies and employers ensure there are provisions in place to protect intellectual property.
However, the immense range of skills and perspectives that temporary workers can bring to a project will add significant value. This is especially true, when it comes to designing creative solutions.Temporary hires can have broader knowledge and experience on a variety of project types.Click To Tweet
As you can see, temporary hires will save you money while simultaneously adding significant value to your company.
Before putting out a job for a full-time employee, take some time to consider how you could benefit from a temporary hire instead.