Recruiters are becoming more aware of the ease and profitability of contract staffing day after day. Mainly as a result of the fact that many companies have short-term staffing needs, and they desire to cut their overhead costs. This desire is an opportunity for many recruiters to answer staffing problem for companies as there will certainly be a great demand for technical and professional contractors.
Begin with a Same Client Base
Recruiters do not have to build a fresh client base in order to enable them to tap into the new, consistent in-flow of cash associated with contract staffing. The possibilities that you can start doing contract searches with the same client companies you are working with right now are very high. This is because many companies across the country are opting to engage contract staffs for distinct reasons. For instance, companies often prefer engaging contractors with skill specification to meet their deadline or work on projects without necessarily having to hire a full-time staff during a lean economic time.
Many companies like and cherish the lower cost and flexibility associated with contract staffing. If a company find a candidate attractive, but not sure if they want to employ such a candidate on a direct basis. A recruiter can become a full-service recruiting agency through contracting. And this will be quite easy to do with the assistance of a back-office service provider.
Constant Cash Flow
Contracting provides a constant in-flow of cash. Why? One may ask! This is because every contractor gets paid for every hour that they work and so does the recruiters as well. Also, most clients make invoice payment on a weekly basis, meaning that the recruiters will be paid in a similar manner.
For instance, if you are to execute a contract placement for your client in need of a Software Engineer for a 10-month task and within this time space, you will earn $20,275.16 in total. Meaning that, there will be constant income of $2,027.52 each month. I’m sure that, there will be nobody that will not have a sound sleep having a full knowledge of the kind of money that will be coming in each month, notwithstanding of how many direct placements they made. With the aid of contract staffing, you can as well enjoy that kind of reassurance.