Part-time employees and contractors are slowly becoming a crucial part of the workforce. Before, part-timers and contractors are mostly hired by small to medium businesses, but many large companies are now hiring them as well due to the global economic downsizing. So how do you know if you should hire for a full-time position or to just subcontract a role?
If You’re Cost-Cutting
If budget is tight and you need to lower your costs, then by all means go for this route. Subcontracting work is less expensive because you’re solely paying for wages and not the usual benefits that come with regular employment.
If the Project Terms are Flexible in Nature
Projects or roles that have flexible requirements are better off given to part-time employees. It’s a win-win situation because you can schedule contractors to fit the project needs and you can also reach your deadline much faster.
If the Project Terms are Short-Term in Nature
If a job position or a project has a short shelf life, then it’s better subcontracted as well. This way, you don’t have to give any additional workload to your regular employees. Kai Davis of DoubleYourAudience.com further recommends “to plan out weeks in advance and have more than enough tasks to give.”
If the Project Requires Highly Specialized or Entry-Level Roles
If you need people to carry out or introduce a project that requires specialized or entry-level skills then you might want to consider hiring part-timers too. This is so you can complement the level of your current workforce without having to hire any additional full-time workers.
Making the Final Decision
Hiring independent contractors have their own pros and cons, but as long as you’re able to handle whatever differences that may arise then you’ll be able to get the best out of your temporary hires. Over time, you’ll be able to assess the right combination of regular employees and contractors for a project with the above tips.