Right now, temporary workers are becoming the fastest-growing segment of American business, i.e., the accounting industry. According to the Labor Department, some 17 million people work for businesses as temps, contract workers, consultants, freelancers, seasonal workers, and interns. While the last recession and resulting economic uncertainty initially swelled temporary workers’ ranks, their inherent flexibility keeps them in the forefront of staffing solutions for most business industries. Here’s why now is the time for your business to hire temporary accounting staff.
Gain access to much-needed skillsets
When hiring a temp worker, you’re selecting from a wide array of specialists—specialists you will most definitely need in the upcoming months. Because these individuals are already trained in their respective fields, most times, training will not need to be provided by your company, which saves you money. If they’re good and experienced, they should require minimal direction to satisfy your unique company requirements. Today, many companies are hiring computer specialists (due to the high demand for online and remote work), creative people, and even senior executives to temporarily fill short-term needs and skill sets that are commodities and necessary in any accounting industry.
Demand for remote working is higher than ever
You can employ a temp worker for a short-term period of time to evaluate their skills. Because most work is being done remotely, hiring short-term remote work saves you both time and money as the temporary employee doesn’t need to be in the office to get the job done. Temporary workers are also much more likely to be happy with remote working to get their feet wet. If the shoe fits, then hire them full-time!
Worried about another downturn
As customer/client demand partly rebounds from the depths of the coronavirus-induced recession, many businesses are hiring temporary workers, and contractors instead of permanent staffers as uncertainty about the course of the virus and the economy lingers. According to research, many companies are trying to replace full-time employees with contingent employees in case there is another downturn. This way, businesses don’t have to continue to lay-off full-time longstanding accountants in the future. It allows you to keep optimal staffing as your business needs change.
Ultimately it saves you both time and money
The cost of hiring temp workers is often cheaper than the cost of hiring permanent employees with benefits. In the short term, it is generally more cost-efficient to hire a temp, and with so much uncertainty as the virus lingers, cost-efficient is a cornerstone of thinking these days.
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PrideStaff Financial has consistently won awards for exceptional client satisfaction. Our highly skilled staffing consultants can help support your business needs during these difficult times. Contact us today to learn more.