When and Why You Should Hire an Interim Contractor
Hiring

When and Why You Should Hire an Interim Contractor

We have all experienced the effects of a hiring freeze.   Good people are leaving, workload is mounting, and those left behind are feeling overwhelmed.   As a manager, how can you complete the tasks expected from you while maintaining the happiness of your team?   While a hiring freeze puts a stop to engaging […]

March 24th, 2024
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Abby.

Founder

A search expert making key hires for over twenty years.

We have all experienced the effects of a hiring freeze.

 

Good people are leaving, workload is mounting, and those left behind are feeling overwhelmed.

 

As a manager, how can you complete the tasks expected from you while maintaining the happiness of your team?

 

While a hiring freeze puts a stop to engaging people joining your organisation permanently, you may be able to get around this using allocated budget for your team.

 

A temporary worker is classed as a cost and not always as headcount.

 

This means that you could be introducing temporary workers for a short burst of expertise within your team to have a major positive impact.

 

 

What about contractors?

With many companies choosing to hire contractors who are outside IR35, this can work well, but may bring risk is the conditions of work are not in line with the strict rules.

 

Hiring temporary workers is a good alternative which is good for the worker and good for the organisation.

 

98% of our temporary workers prefer to be employed as PAYE rather than Ltd Company.

 

 

What is a temporary worker?

A temporary worker is a person a search agency introduces to your company to undertake work for an agreed period of time.

 

The person typically has a skill set that you need to cover within your business, are mostly available to start work immediately, and will commit to short assignments of less than a month through to ongoing assignments that could last for years.

 

You are able to end the assignment with little notice simply by notifying the agency.

 

 

How do we pay the temp?

The temp is employed by the Search Agency on identical pay and bonus to other members of the team, the agency manages their payroll as PAYE to ensure they are making tax payments as well as receiving pension contribution and holiday entitlement.

 

You will be asked to approve their timesheets at which point the agency will invoice you only for the days worked.

 

 

Why would you hire temps?

Companies who find themselves suddenly overwhelmed with work find great resolve in hiring temps. Seasonal and project based departments also find the benefit as well as those needing to cover sickness and parental leave. The route to hire is faster with sign off only of a PO required.

 

 

What if I want to hire the temp permanently?

So long as the temp would like to stay, you are able to hire them permanently into your organisation. With just a finders fee to pay the agency who will then provide the temp with a P45, you will then simply issue a contract and add the temp to your company payroll.

 

There were 1.49 million temporary workers employed in the UK in December 2023 proving that this is a viable and inclusive way to hire staff in uncertain times. With so many affected by lay-offs, hiring a temp is a good route to market and an excellent way to support people who may be in between permanent roles.

 

 

I have a project – how can I find a temp now?

 

>> Contact us here <<

 

To find out more about how to focus on your brand, get in touch today.
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Yellow Bricks is a female-owned and led executive search firm hiring predominately for software companies with diversity and inclusion at the heart of our offering. To learn more, click here.
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