Contract Staffing
Common situations in today's business environment
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Many companies are utilizing a variety of staffing alternatives in today's business environment.
Contract staffing often provides the flexibility needed to accommodate a changing economy.
Industry demand for contract staffing continues to grow. Here are some of the most common reasons why companies of all sizes use contract staffing services:
1) Staffing Flexibility - Provides a flexible supply of workers and allows you to effectively match your workload to the workforce.
2) Budget Constraints - Funds for contract staffing services usually come from a different pool of money. As a result, your company may be able to use an alternate budget to bring on contractors and still get the job done even when your company is experiencing budget constraints.
3) Headcount Issues - If you company is experiencing a hiring freeze, why not consider contractors?
4) End of Assignment Flexibility - When your requirements diminish, you can easily adjust your labor supply. No layoffs, bad press, or lasting labor burden.
5) Utilize for a Specific Project or Purpose - Contractors can be utilized for a specific purpose or specific project. This arrangement is ideal because the contractors are available as needed.
6) Immediate Availability - Unlike direct candidates, temporary or contract candidates are typically available on short notice. Usually within days of your "announcement of need".
7) Try Before You Buy (Temp-to-direct) - Contracting provides an opportunity to "test drive" a potential direct hire before you make a long term commitment.
8) Avoid IRS Scrutiny From 1099 Issues - In recent years, the IRS has begun to realize the large sums of potential tax revenue they are losing due to misclassified 1099 independent contractors who should be employees. The employee tax deductions include: federal and state income tax, and Social Security and Medicare. Our third party biller handles all of the administrative and paperwork issues and pays the necessary employer taxes, including Social Security and Medicare. Federal and state unemployment tax, and Workers Compensation premiums.
HReed&Company offers a wide range of staffing services for companies of all types and sizes throughout the United States. HReed&Company's staff consists of experienced recruiters and our third party billing staff consists of trained professionals in accounting, human resources, legal and payroll departments. HReed&Company can meet all of your critical talent requirements.
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