It is necessary for a business to hire the most suitable candidates to match the objectives and to do this you need to offer positions that attract the right candidate.
The IT industry is one of the most variable in terms of arrangements available for both employees and employers. Arrangements from full-time to freelancing will attract particular types of candidates and provide employers with specific results.
In order to find skills that are ideal for your needs, you will need to understand the advantages and disadvantages of the most typical arrangements that are available. If you keep reading you will discover what encourages job seekers to continue with certain job offers.
A full-time hire is someone who is directly contracted by the company and is probably the most standard type of hire across the majority of industries. Here are the advantages and disadvantages of a full-time hire.
- The job offers security and stability while particular perks attract candidates for all positions.
- Candidates who are more experienced are drawn to the upward mobility and the possibilities of long-term commitment in full-time positions.
- Those who are already employed but tempted by other jobs (passive job seekers) are more attracted to full-time positions because of the better set of circumstances.
- Employing someone full-time increases the employees feeling of investment within a company. They feel part of something rather than just a job.
Here the candidates are employed by a third party such as a staffing agency and work on a contract for a set period of times. The time normally varies between 6 and 12 months although it is possible to extend this period.
- When hiring a contract placement, the employer is able to make the most of skilled labor only for the necessary time required for a project.
- The agency is responsible for all costs that are incurred such as salaries, benefits, and taxes.
- Upon completion of the project, the company and the contractor are able to start completely new projects.
- There are frequently tax benefits for hiring contractors so even though the hourly rate is more it can work out cheaper for the employer.
- Contractors provide expert support when a company’s permanent staff is unable to work.
- The idea of working flexible hours is great for some people.
Contract To Hire Placement
These workers begin their employment through an agency, typically for a period of 3 to 6 months and then they are transitioned into becoming a full-time worker.
- It’s a great chance for the employee and the employer to get a feel of the working opportunity. Employees get a sense of the job and the employer is able to see how a candidate works.
- Both parties are able to move on after the contract time has been completed if they are not happy.
- During the initial contract period, it is the agency who is responsible for the hiring costs, this reduces the risk of taking on a full-time contract and the new hire leaving.
- People who have just left university are able to gain valuable work experience in their field without needing 3 to 5 years of experience required for a full-time position.
- Employers are able to develop their employee during the contract period.
While a company has the possibility to hire using any of the three arrangements, it is still necessary to take into consideration the company’s financial situation and culture as well as the reasons for needing to hire extra staff. The final decision should be based on the company’s expectations and they type of candidate you are looking for. Even when you have made a decision, it might not be straightforward convincing your candidate of the contract terms.