Like all service sectors, the recruitment market is a cyclical business. Recruitment being rather more cyclical than most. And even in the warmest of economic climates, accountants tend to view staffing as an expense, rather than an investment.
Hiring staff on fixed-term contracts often makes sound financial sense. For the employer it solves a short-term need, particularly where there is a headcount freeze or the need to provide maternity cover. For the employee it’s an opportunity to gain valuable experience in a job market where working as a contractor is no longer seen as a poor second to permanent employment.
Contract hire allows you to procure staff without the fear of falling foul of ever more complex employment legislation. This can be particularly beneficial when your own business is subject to finite projects or uncertainties in a competitive business environment.
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