You’re a Hiring Manager who wants to keep the recruiting process as smooth as possible for your company and projects, but how? This article explains how employing a contractor may help you handle challenges, even if it’s only while you’re seeking permanent staff. According to estimates, a total of 59,000 engineers are needed to fill technical posts in Australia each year. This implies that competition for the greatest personnel is at an all-time high for companies, resulting in lengthier hiring times, delayed projects, and slower productivity.
So, how do contract engineers fit into all of this? What does it cost to hire a contractor? They deal with several companies who want a temporary solution to meet an increase in workload or to fill a void during a permanent recruiting campaign. There are a variety of advantages to doing so, which are listed below:
1. They can get up and running quickly – Engineering and civil engineering contractors are often highly trained and experienced, having worked as full-timeemployees for several years before going independent. When you hire a contractor, you’re getting an expert (even in niches like hydraulic jacking system engineering) who can have an immediate effect on your organisation and doesn’t require any training. If you’re working on a time-sensitive project or need to avoid any production disruptions, this is useful.
2. There is no obligation – Contractors can work with your company for as long as you need them to. Hiring a contract engineer is an excellent answer whether you need an engineer for 3 months to finish a project or for 2 weeks to replace vacation or sickness. There’s no commitment to give the contractor more work if the first contract expires or you locate the permanent employee you’ve been looking for. This is something that seasoned contractors are used to, and it gives your company a lot of flexibility.
3. It isn’t as costly as you may believe – It’s hard to estimate the cost of employing an engineering contractor because it depends entirely on their expertise, the task they’ll be doing, and the industry in which they’ll be working. When you see a daily contract fee, you may get concerned, but bear in mind that there are no additional charges, such as holiday pay or sick pay. Because illness compensation alone may cost up to 16 percent of your yearly wage bill, the contractor is only paid for the time they work, which is excellent value for money.
4. They are covered by their insurance – To perform their services, contractors must have their own insurance. Professional Indemnity insurance protects them if they make a mistake or cause you to lose money. Contractors are covered by public liability insurance if someone is harmed, or property is destroyed while they are providing services. This is advantageous to you and your company since it means you are not accountable in the same way that you would be if similar errors were committed by a permanent employee. The contractor, not your company, would be responsible for the insurance and claim costs.