Benefits of Contract Staffing in post Covid-19 Hiring

It has almost been a year since the first COVID-19 case was reported in China. Since then the world has seen a multitude of social and economic changes. Many necessary steps including quarantine were undertaken by various governments to limit the spread of the virus, and in doing so has affected many companies in the process.

In Singapore, the government was swift to implement necessary measures to help curb the spread of the virus and has now seen a significant improvement in the number of daily COVID-19 cases. The economy has been picking up and many businesses are resuming operations as usual. With this, the demand for manpower has increased simultaneously but companies are still exercising cautious spending. This has constituted an increase in demand for contract staffing and temporary staffing.

Given the increase in demand, some businesses are struggling to attract and hire contract workers. Many have then looked to contract staffing recruiters to assist in their hiring needs. To further elucidate, let us take a look at the benefits of hiring contract employees through an agency and the advantages of hiring contract staff vs permanent staff in Singapore:

1) Save Cost

Contract Staff:
Contract staffing is more cost-effective as compared to hiring permanent employees. This is due to the fact that temporary and contract staff are not entitled to the full corporate benefits as compared to a permanent employee. This also eliminates any long term payroll commitment.

Contract Staffing Services:
Using a contract staffing agency, businesses can avoid hiring an in-house HR department which is more time-consuming and costly. The need to source your own HR employees along with the overhead costs of running the department would be detrimental. When the quota is fulfilled or the business no longer requires the services of the staffing agency, they can simply relinquish the service, putting a halt to any expenditure immediately.

2) Shorter Hiring Process

Contract Staff:
The process required to hire contract staff is usually shorter as compared to permanent staff. Hiring permanent staff usually involves the company as a whole but hiring contract staff can be done on a departmental level without the need to involve the upper management.

Contract Staffing Services:
Staffing outsourcing services companies are also professionals in the industry. They have the technology, skills and data to expedite HR processes more efficiently and effectively. This not only shortens the hiring process but it also improves the quality of overall hires for businesses.

3) Flexibility

Contract Staff:
Hiring contract staff is more accommodating than committing to a full-time hire. This is due to the fact that contract workers are conditioned to working for different industries and people, making them more versatile and adaptable.

Contract Staffing Services:
Contract staffing services are more flexible as well. They can be employed for a specific period or project basis rather than having a permanent HR team. The services can also be terminated almost immediately when needed.

Especially after a global pandemic where most businesses are still recovering, having the ability to save costs, shorten recruitment processes as well as the flexibility to control functions are extremely important. These contract staffing benefits will provide businesses with the advantages they need and it ensures that businesses are equipped with the resources they need in terms of finance, time and manpower to focus on their core processes.

A renowned and established staffing agency in Singapore, Talent Spot has seen an increase in clients looking for contract staffing services in a post Covid-19 economy. Talent Spot’s HR services encompasses many facets of HR from payroll, recruitment and end-to-end HR solutions. Known for their Specialist Contract Outsourcing abilities, Talent Spot is the leading HR outsourcing company when it comes to contract staffing in Asia.

Talent Spot was successful in a project with a Fortune 500 company which required them to recruit for over 200+ positions comprising HR, Finance, Admin and Technical. Having managed similar projects before, Talent Spot was quick to execute necessary processes, adopting an end-to-end approach from sourcing to onboarding to give the company time to focus on other core processes. Despite the challenges faced from the short lead time of 35 days, lack of budget for a permanent headcount, absence of internal HR support and the niche requirements for each position, they were still successful in meeting the quota required.

For more information on how your company can leverage on contract staffing services, please contact us.