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