As the summer is in full swing and people start to jet off on their annual holiday, a lot of teams can be down in numbers and those left behind can really feel the pressure.
For tax professionals, summer can be a very busy time between preparing for compliance and reporting deadlines and managing new transactions and activities which need immediate tax advise. Furthermore, the summer is usually the time when trainees can be away for long periods of study leave and there is extra pressure on resources.
One solution to manage the workload during this busy period can be to recruit a temporary employee.
It is fair to say, hiring a temporary employee into a tax team may not the first thought solution for some firms as the work can be tasked out amongst other members of the team during periods of study leave and holiday seasons. Also, summertime has traditionally been a quieter time for businesses and tax professionals. However, this trend is shifting as a lot of work is dominated by international companies whereby year ends can vary, transactions can often occur during the summer period (to take advantage of no reporting deadlines) and people in general are being more flexible when they can take their annual leave entitlements.
On the side of the employee, it offers them flexibility and an opportunity go prove themselves and perhaps be offered a permanent position at the end of the term.
We at Morgan McKinley have a very successful contract, interim and temporary division for tax and accounting professionals and this solution has worked for many of our clients so please get in touch if you would like to discuss further.