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Why
Hire a Contractor? ü
Cost Savings:
It is generally much cheaper and easier to hire a
contractor who can start straight away rather than training a permanent
member
of staff. It can be
a cost effective
way of bringing in new skills and imparting it to existing employees. This is due to the fact
that contractors charge a flat rate plus GST and
do not give rise to the same payroll and administrative charges that
employees
do. For a more
detailed analysis of
the savings that you can experience, even when hiring a contractor at a
higher
rate please see the Contractor
Savings Schedule and Our
Fees sections. ü
Ease of Hiring:
Recruiting for a permanent member of staff takes
longer
(typically greater than 4 weeks) and often leads to hiring costs such
as agency
fees and job posting costs. Further,
consultants are invaluable in situations where it is not possible to
hire a
full-time staff member due to hiring freezes, budget restrictions and
other
operational or financial constraints. ü
Flexibility:
Contractors are generally more flexible with their
working
situation and are typically more willing to take on part-time roles,
off-hours
projects, short work weeks, telecommuting, working in different
locations and
traveling for roles. ü
Increased Employer Rights:
Consultants
know that they provide crucial expertise and high quality
services and they prove this by being prepared to stake their quality
reputation
by having no employment rights at all.
There
are no termination notice requirements and severance costs associated
with
contractors at the end of a contract and if they perform badly during
the
contract - they can be immediately let go. ü
Access to a Variety of Skills:
Contracting firms often
have a variety of experts which allows them to provide a wide variety
of
services and bring invaluable expertise to the jobs worked by their
consultants. ü
Skills and Specialties:
There are many skills and specialties that can
only be
found in the contract market. Contractors are renowned for being
innovative
problem-solvers and experts at their work.
Consultants
are also expert project managers and can guide a company in its
planning,
budgeting and implementation phases.
Further,
consultants are used to working within set timelines and project scopes
and can
be instrumental in keeping projects on time and within the set
guidelines. Consultants
can also provide critical training and mentoring of your
employees. ü Project Work: There is an increased benefit to hiring contractors specifically for project work as they can get up and running quickly and can kick start projects. Further, if the project needs an expert in a particular field, not someone who has general knowledge across a range of subjects they are invaluable. Also, often projects require short term resources, and do not provide enough work to justify a full time position. Contractors are also able to add a level of independence, objectivity and credibility to projects. |
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