An increasing number of companies throughout the world are
using staffing and recruitment services because it is getting progressively
more challenging to locate workers with the right qualifications when they are
needed. Predicting how many employees and specific skills you need to increase
or improve production or sustain supply is also a difficult task. The decision
to employ a new person can impact on productivity, morale, costs, and the
service quality of your company.
There are many myths, misconceptions, and laws surrounding
the different types of hired workers. Adding to the confusion, the employee’s
responsibility varies with each type. Following is a brief overview of the
different types of employment so that both the employee and the employer can
get an idea of what to expect from each other:
Full-time employment
is the typical employment situation scenario which involves working for a
specific company or person, and the following things usually characterize the work:
-
Specific hours, usually eight hours per day
(give or take) or a specific shift
-
A specific location
-
A specific title with a job description or
assigned responsibilities
-
Payment on a weekly, bi-weekly, or monthly basis
-
Paid vacation time
-
In some cases, benefits such as health and
dental care are provided
-
Other benefits such as training, education
support, pension, etc. may be provided
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Reimbursement for business-related expenses.
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The employer makes deductions for income tax,
employment insurance, etc.
With an employee, you can determine when, where, and how you
want something done. Also, intellectual property that employees create belongs
to your company. Because you hire employees for the long term, they have time
to get to know your business and your customers very well. Committed,
dependable employees can often be relied upon to manage the business during the
owner’s absence.
Part-time work is
a lot like full-time employment with of course, reductions in everything from
hours worked to pay and benefits. Anything less than a full-time schedule falls
in the part-time category, even, for example, working 36 hours instead of a
full 40. Hiring a staff member on part-time basis is a great way to find out
about an employee’s performance before making a long-term commitment.
Contract work
involves a specific term of work, often on a project basis. Contractors will
agree to a fixed term (two months, six months, a year, etc.) and generally work
at the client’s location and with the client’s equipment. Contractors set their
own rate, which is then agreed upon (or negotiated) by the company who hires
them. Contractors are generally responsible for:
-
Finding their own contract work
-
Choosing what to work on
-
Providing the required expertise (training not
provided)
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Fulfilling the terms of their signed contracts
-
Paying their own taxes
Using a contractor allows for flexibility in expanding and
shrinking your work force based on work load. Hiring a contractor for a
specific time period or project makes it easier to accommodate fluctuating or
periodic bursts of activity. Contractors offer extensive specialist skills to
meet specific needs of a project or role within the organization. By using a
contractor, you avoid the costs associated with having a permanent employee.
About
Selecting and hiring qualified candidates for your company
is a tough ask. Let Vertex IT Solutions take care of all your recruitment
requirements. For a practical demo of our skills and expertise, get in touch
with us today at http://www.vertex-it-solutions.com/
