The rise in remote and hybrid roles has changed the landscape of tech recruitment. Focusing on the UK market specifically, there is less desire to work in the Capital. The effects of COVID-19 saw many city workers, including Developers and Engineers, seek a better work/life balance outside of London.
This looks to still be the case as we head into the last few months of 2022. Post-pandemic, digitalisation is driving the contract market. Globally, the staffing market is worth £506bn, and a huge 86% of that is contract/temporary, equating to £436bn. There are many pros to hiring a contractor. We’ll dissect some of the most weighted benefits below.
Efficient Solution to Backfill
Without a quick solution to own tasks, projects, and responsibilities of someone who is leaving the business, significant business impact can take place such as delayed project delivery and additional time and budget spent on re-gaining momentum when the replacement starts. With a backfill contractor, all of this is avoided.
Due to the nature of their work, contractors are often available to join a project at short notice. This is particularly important in the fast-paced world of digital transformation recruitment.
Onboarding
The onboarding process for a contractor is far quicker than that of a permanent employee as there are no strict company onboarding processes to follow, which can sometimes take weeks or longer. Contracts can be finalised within days and sometimes even hours by Conexus.
Contract workers can also onboard faster as they don’t have a notice period with their previous employer and are immediately available to join. There’s also less investment required for recruitment, onboarding, and training.
Working Hours & Flexibility
A contractor can adjust to multiple regions, time zones and workloads depending on the demands of the project. There is also the flexibility to extend the contract term based on there being a change or additional priorities or scale down the team size, meaning as a business you’re able to respond to the needs and changes of the market as they happen.
Hiring a contractor also allows you to identify and evaluate whether you have a long-term job requirement in a particular function.
Reduced Costs
A contract worker doesn’t require the same benefits as a permanent employee, making them a far cheaper option in the long term. Costs can be saved on healthcare, annual leave, bonuses, and relocation costs to name just a few.
A contractor is also responsible for paying their own taxes. This ultimately frees up time and money spent on payroll.
Highly Skilled
Contractors generally have a very specific skill set and are used to working on niche projects within their area of expertise, whether that’s SAP, Data & Analytics, Software Engineering or Cyber Security. Having a specialised worker such as this on your team can help to drive your business forward with great momentum. You also have continuity of resource quality for the duration of the project.
All contractors supplied by Conexus are internally vetted by our specialist compliance team. Key areas covered include Right to Work checks, relevant visas/BRPs, full and comprehensive insurance, at least 2 previous project references and LTD company checks. No contractor supplied by Conexus will start without being fully compliant, giving you peace of mind that you have ‘a safe pair of hands’ for your most important projects.
To find out more about Conexus Contractor Solutions, contact our Contract Team Lead, Thomas Parry, today.
+44 (0) 2922 260 102
If your current contract is due to come to an end, or if you're looking to make a move, take a look at our latest contract vacancies here.