Temporary workers to find more opportunities in 2015
Posted on January 28th, 2015 Read time: 2 minutes
During the economic downturn brought on by the Great Recession, many companies took aggressive steps to conserve their financial resources. Unfortunately, this meant that many people would be relieved of their jobs. A large number of workers were laid off at the onset of the recession, and finding another full-time opportunity was extremely difficult.
As an alternative, many of these individuals elected to become contract workers. Businesses needing staffing help, but unwilling to make permanent hires, often worked with an employer of record to fill open positions. Many of these assignments were short-term in nature. However, a number of temporary workers found themselves in long-term roles, albeit supplemental in nature.
For companies, this represented a win-win situation because it allowed them to adequately address their workforce needs but at a fraction of the cost. It is much more advantageous to play an employer of record a flat fee for services as opposed to making a full-time hire where salary and benefits must be paid out.
While the economy continues to show signs of improvement, many companies are reversing course and once again hiring permanent employees. However, this doesn't mean that contract workers will be left out in the cold.
Temporary workers will continue to be valuable in 2015
While many people serving in supplemental staffing roles prefer to be employed in a full-time capacity, there are many contract workers who enjoy what they do. In 2015, there will be even more opportunities available for these individuals.
According to the 2015 CareerBuilder U.S. Job Forecast report, over the next 12 months, temporary hiring is expected to trend upward.
"The U.S. job market is turning a corner as caution gives way to confidence," CareerBuilder CEO Matt Ferguson said in the report.
Forty-six percent of companies responding to the survey stated that they were planning to hire more temporary workers in 2015. This number represents a 4 percent increase over 2014 when 42 percent of organizations had intentions of hiring contract workers.
Even more positive for supplemental workers is the fact that 56 percent of companies are planning to transition temporary workers over into full-time roles. This is the goal of any temp – to prove him or herself worthy of securing a permanent position within an organization. For an agency of record and the workers it sends out on assignments, 2015 will be a good year for business.
For organizations providing HR services to clients, such as hiring and recruitment, it will be important to ensure that their efforts are streamlined and efficient to stay in line with the job growth expected to take place this year. Entrepreneur Magazine suggested that these organizations make the onboarding process run as smoothly as possible. An employer of record that can identify qualified individuals and take them through the hiring process quickly can turn these individuals around and get them placed on assignments much faster. This will lead to a higher level of client satisfaction and open the door for more staffing needs to be sent their way.
Related Articles
Posted on January 28th, 2015 Read time: 2 minutes
During the economic downturn brought on by the Great Recession, many companies took aggressive steps to conserve their financial resources. Unfortunately, this meant that many people would be relieved of their jobs. A large number of workers were laid off at the onset of the recession, and finding another full-time opportunity was extremely difficult.
As an alternative, many of these individuals elected to become contract workers. Businesses needing staffing help, but unwilling to make permanent hires, often worked with an employer of record to fill open positions. Many of these assignments were short-term in nature. However, a number of temporary workers found themselves in long-term roles, albeit supplemental in nature.
For companies, this represented a win-win situation because it allowed them to adequately address their workforce needs but at a fraction of the cost. It is much more advantageous to play an employer of record a flat fee for services as opposed to making a full-time hire where salary and benefits must be paid out.
While the economy continues to show signs of improvement, many companies are reversing course and once again hiring permanent employees. However, this doesn't mean that contract workers will be left out in the cold.
Temporary workers will continue to be valuable in 2015
While many people serving in supplemental staffing roles prefer to be employed in a full-time capacity, there are many contract workers who enjoy what they do. In 2015, there will be even more opportunities available for these individuals.
According to the 2015 CareerBuilder U.S. Job Forecast report, over the next 12 months, temporary hiring is expected to trend upward.
"The U.S. job market is turning a corner as caution gives way to confidence," CareerBuilder CEO Matt Ferguson said in the report.
Forty-six percent of companies responding to the survey stated that they were planning to hire more temporary workers in 2015. This number represents a 4 percent increase over 2014 when 42 percent of organizations had intentions of hiring contract workers.
Even more positive for supplemental workers is the fact that 56 percent of companies are planning to transition temporary workers over into full-time roles. This is the goal of any temp – to prove him or herself worthy of securing a permanent position within an organization. For an agency of record and the workers it sends out on assignments, 2015 will be a good year for business.
For organizations providing HR services to clients, such as hiring and recruitment, it will be important to ensure that their efforts are streamlined and efficient to stay in line with the job growth expected to take place this year. Entrepreneur Magazine suggested that these organizations make the onboarding process run as smoothly as possible. An employer of record that can identify qualified individuals and take them through the hiring process quickly can turn these individuals around and get them placed on assignments much faster. This will lead to a higher level of client satisfaction and open the door for more staffing needs to be sent their way.
