Times have changed and so do how hiring managers recruit employees for different job positions. In fact, full time employment used to be the mainstay for companies for years. However, the simmering, cut throat competition across industry verticals has necessitated niche skills amongst employees to gain a lead.
In situation like these, many employees take a sabbatical for upskilling to serve the need of the hour and stay in demand. In the same vein, hiring managers look for multi-skilled employees who can help them excel when pitted against multiple market challenges. It is all about maintaining the demand-supply balance in the job market!
The explicit scarcity of advanced skills amongst the currently employed league of employees has compelled leaders to flip over other employment alternatives such as contract or interim professionals.
As per Deloitte Consulting LLP and the Manufacturing Institute (2015-2025 outlook), the skill gap in US manufacturing sector is in result of a host of factors, and it will continue to widen in the years to come.
Even though permanent employees would continue to rule the roost, the nature of traditional workforce is evolving with the inclusion of freelancers and interim( or contract) professionals. They come with specialized knowledge and skills to provide solutions to some of the toughest business anomalies and support growth and momentum of the workforce.
As much as this sounds feasible, you may need professional assistance to filter out the potential candidates for your company. Let’s not forget that hiring interim professionals require different recruitment strategy and a lot of patience. You ought to have efficient job consultants by your side to get through the mired situation.
As companies start sailing along the wind, there is a bundle of advantages that come with having interim professionals onboard as discussed below:
1. Flexible Manpower Architecture
Permanent employers have a fixed skill set to meet the standard business requirements. However, often companies need exclusive skill or knowledge. This vacuum is plugged by interim professionals who are hired for a fixed duration of time. Possible for a project or two, just to serve the company for a predetermined period of time. Also, it offers the needed flexibility to the business to earn a lead against dynamic environment. If you’re struggling to get hold of the talented interim professionals, approach experienced consultants for they have a broad network to find the right talent for your company.
2. Pocket Friendly
Hiring highly skilled employees is a costly proposition for a company. However, absorbing interim employees can significantly reduce the hiring cost. In fact, it offers control over the running labor cost for the company. Also, you can continue to hire up or down depending on the business requirement whilst cutting some workload on the existing workforce.
3. Efficient Solution
Interim employment does not seek a long time for joining or getting the work start unlike seen in full time jobs. So, you do not have to be bothered for months. Instead they bring quick results since it is a time-based employment proposition. So, less scope of wasting time and more focus to achieve the predetermined fixed goals.
4. Skill Enhancement
Presence of interim professionals is likely to expose other employees to the latest happenings in the field of skill development. It allows other employees to open up to advanced skills that are in high market demand. However, the leadership has to proactively chase such prospects as and when they hire such highly skilled professionals. Given the global value riding on the niche skills, your company is likely to revive many remote projects that have long been pending.
6. Dissolve Internal Deficiencies
Interim professionals would keep you abreast about the emerging technologies and other business practices. Such environment eliminates the sprawling presence of internal inefficiencies. They are likely to present a whole new perspective and ideas that can infuse positive changes in the way you operate. The flexible nature of interim employment makes the leadership ,proactive to react and act in the best interest of the entire company.
In the end …
A lot is riding on hiring managers to create a perfect blend of permanent and interim professionals in order to maintain skill balance and manage resources within an organization. Absorbing interim professionals can play an instrumental role in providing sustainable growth to businesses. Of course, you need to have tact to succeed.
If you’re facing talent crunch, get in touch with professional consultants to seek advice on hiring interim professionals. Call us at +27 (087) 135 3510 or write at [email protected] for the much desired assistance in hiring interim professionals.