A Contingent Workforce is Now a Permanent Part of Many Companies

November 19th, 2012

Rising labor costs have led employers to increase their usage of contingent labor.  With the economy expanding in spurts, employers are still not willing to add full-time employees in mass amounts.   Therefore, temporary employment is one of the few sectors of the labor market that is growing rapidly.

In fact, employers in industries that have typically not employed “temps” are now using contingent/temporary workers, and they are using them in increasingly diverse ways. Temporary hiring is becoming a valid business practice, one that is used to not only help companies test the waters during an economic recovery, but one they use to manage the natural highs and lows of their business cycle.

The reasons behind this shift can be broken down to several workplace trends that come top of mind when I think about it.  These are: Read the rest of this entry »