Recruiters specializing in direct hire/permanent placements can experience
significant fluctuations in cash flow. Fees from contract placements are
predictable, regular, and stable. By offering a temporary or contract alternative
to your client companies, you are in a position to respond to the demands of
the market. Whether your client companies are requesting permanent
employees, temporary employees or contractors, you can accommodate their needs.
When a client company asks for help regarding a temporary or contract staffing
need, you have two options – either find a way to accommodate them, or by inference, tell
them to call your competition. Being a full solution provider increases your value to
your client companies and helps minimize the opportunities for your clients to develop
relationships with your competitors.
Temporary and contract placements often lead to permanent placements. Sometimes
a conversion fee after a temporary assignment is the only way to salvage an
unobtainable permanent fee. When a client company presents an objection to
paying a permanent fee because of a hiring freeze or budget limitation,
having a ready alternative can be a mutually beneficial solution.
Many companies are choosing “temp-to-perm” and “contract-to-hire” as their
preferred method of hiring. As this trend continues to grow, all permanent
placement recruiters should have the ability to accommodate this type of
request. Not being able to offer this widely accepted hiring practice
will likely result in lost income.
Even if you are currently making temporary and contract placements and
have no need for our services in your home state, our multi-state and
multi-national capability to serve as employer of record may allow
you to make temporary or contract placements in areas where you are not
set up to do business.