As market demands for skilled labor increase, more companies are turning to staffing and recruiting companies and temporary workers to help meet increased market demands. Forty percent of employers plan to hire temporary and contract workers in 2013, up four percent since last year and up 12 percent since 2009.
Among these employers, 42 percent plan to transition some temporary workers into full-time, permanent employees in the next 12 months. While companies remain cautiously optimistic about the economic recovery, temporary workers provide an opportunity to meet their labor demands while being attentive to budgeting plans. The increased focus on temporary staffing and contingent labor also indicates a growing opportunity for staffing firms to grow their own businesses and increase their brand awareness.
Moving forward in these hiring plans, employers – and the staffing firms who work with them – should consider the following questions:
- What percentage of your workers are temp vs. permanent?
- What role do temporary workers play at your company?
- What verticals need more temporary help than others?
- How will temporary workers help your company meet its strategic and financial goals?
Even as the economy recovers, it remains crucial to figure out ways to be agile and control costs. The largest segment cost of an organization is its people. Utilizing a contingent workforce can help employers and staffing firm clients maintain a leaner organization by outsourcing work or hiring contract workers.
Forget what you think you know about HR... it's all about to change.
Sign up to start getting exclusive content designed to empower you with the insight necessary to go from HR professional to strategic business partner.