Appetite for contractors and temps in the Midwest, Connacht and Midland

Brian Murphy 17.09.2010
As the Midwest and Connacht job markets begin to show improvement, we are seeing a significant increase in the number of temporary and contract vacancies across our specialist areas: banking & financial services; finance; technical and IT.
Temporary and contract positions have been viewed recently by businesses as a ‘safer option’ when hiring in the current economic climate -  lack of longer-term visibility in the market has made it more difficult to get permanent hires signed-off. Surprisingly, for some candidates, the temporary & contract jobs market is still treated as a last resort, even when faced with unemployment.
We recently completed a survey of 100 of our clients based in the Midwest, Connacht and Midland regions in order to gauge the appetite for hiring professionals into temporary and contract roles. A resounding 59% of our clients said they currently employ significant numbers of temporary or contract staff. When examining multinational companies in isolation this figure increases dramatically to 84%. Furthermore, there was an even spread of temporary and contract employees hired across IT, engineering, HR, manufacturing, finance and supply chain sectors.
So why consider hiring a contractor or becoming one?
For businesses, there are a number of reasons:
The company can analyse an individual’s performance without the commitment of having a permanent employee
It facilitates increasing staff numbers without overreaching on headcount allowances
Contractor staff can help augment existing skill sets and knowledge to support time-defined business plans and projects for increased business performance
It can also mean less of strain on company payroll and HR resources.
From the professional’s perspective:
Taking on a contract role in a challenging jobs market is first and foremost the opportunity to work
Temporary posts also provide the opportunity to further develop and enhance existing skill sets and gain new experiences over a shorter time period enabling them to become a more “valuable commodity” in today’s changing jobs market
To find out more about temporary and contract roles please visit
As the Midwest and Connacht job markets begin to show improvement, we are seeing a significant increase in the number of temporary and contract vacancies across banking and financial services; finance; technical and IT.
 
Temporary and contract positions have been viewed recently by businesses as a ‘safer option’ when hiring in the current economic climate -  lack of longer-term visibility has made it more difficult to get permanent hires signed off. Surprisingly, for some job seekers temporary and contract jobs are still treated as a last resort, even when faced with unemployment.
 
We recently completed a survey of 100 of our clients based in the Midwest, Connacht and Midland regions in order to gauge the appetite for hiring professionals into temporary and contract roles.
  • A resounding 59% of our clients said they currently employ significant numbers of temporary or contract staff.
  • When examining multinational companies in isolation this figure increases dramatically to 84%.
  • Furthermore, there was an even spread of temporary and contract employees hired across IT, engineering, HR, manufacturing, finance and supply chain sectors.
 

Why consider hiring a contractor or becoming one?

For businesses, there are a number of reasons:
  • The company can analyse an individual’s performance without the commitment of having a permanent employee
  • It facilitates increasing staff numbers without overreaching on headcount allowances
  • Contractor staff can help augment existing skill sets and knowledge to support time-defined business plans and projects for increased business performance
  • It can also mean less of strain on company payroll and HR resources
From the professional’s perspective:
  • Taking on a contract role in a challenging jobs market is first and foremost the opportunity to work
  • Temporary posts also provide the opportunity to further develop and enhance existing skill sets and gain new experiences over a shorter time period enabling them to become a more “valuable commodity” in today’s changing jobs market
Brian Murphy's picture
Chief Commercial Officer
brianmurphy@morganmckinley.ie