The Adviser Magazine’s Post

Hiring people on a temporary basis offers several advantages to organizations: 1. Flexibility: Temporary hires provide flexibility to adjust staffing levels according to fluctuating workloads, seasonal demands, or short-term projects. This flexibility allows businesses to scale up or down quickly without the long-term commitment of permanent hires. 2. Cost-Effectiveness: Temporary hires can be more cost-effective than permanent employees, as they often receive fewer benefits such as healthcare, retirement contributions, and paid time off. Additionally, businesses can avoid the costs associated with recruiting, training, and severance pay for permanent employees. 3. Specialized Skills: Temporary hires can bring specialized skills or expertise needed for specific projects or tasks that existing staff may not possess. This allows organizations to access a broader talent pool and fill skill gaps without investing in extensive training or hiring permanent staff. 4. Quick Solution to Short-Term Needs: Temporary hires offer a quick solution to short-term needs, such as covering employee leaves, meeting seasonal demands, or addressing sudden increases in workload. This agility helps businesses maintain productivity and meet deadlines without disrupting operations. 5. Trial Period: Hiring on a temporary basis allows organizations to evaluate potential candidates before making long-term commitments. It serves as a trial period to assess the individual's fit with the company culture, work ethic, and performance, reducing the risk of hiring mismatches. If you are looking for temp candidates in accounting, finance, or technology, reach out to me directly, and I'd be happy to connect further. #accounting #finance #technology #chicagoland #jobs #staffing

Continuing to have our finger on the pulse of the market, here are some insights on recent candidate trends we're seeing in the current ever-changing hiring climate.

Happy Wednesday everyone, Fractional, Interim, PAYG, banked hours.. or even project cost like hiring a company but its one person. You seeing / hearing this more and more? Some candidates are increasingly looking for a more modern or evolved style of working that suits their lifestyle, work aspirations and onward career. But is the client demand matching? And for those who aren't sure - its a way of advising/actioning, working alongside or NED style work but not in name. Main benefits from what I've seen.. Candidate - increased work flexibility, retained or banked work, possible choice of client workload, high impact, intense periods of work.. Clients - access to highly technical or senior people, lowered overall cost, lowered risk.. pay for what you need/want. I do think this model will get more and more frequent especially at times of impactful work, ie migrations, new team builds, redirections, change management, capability builds etc. Cost vs Risk vs Outcome Could be good for independent audits, capability set ups, advisory services or maybe even a temporary player / manager approach.. Somewhere between contract, FTC and permanent.. Anyone already operating in this way currently? Or anyone looking for someone like this? Would love to understand it a bit more as candidates seem to be keen. #candidate #hiring #data #evolution #workplace #recruitment

International Growth Simplified: The Role of an EOR in Global Hiring #globalhiring #EORservices #compliance #internationalbusiness #globaltalent #HRservices #expansion #businessgrowth #legalcompliance

The pandemic-era hiring crisis for state and local government may be easing, but there is still intense competition for employees and frustration about rapid turnover. The tag to replace an employee is estimated at three to four times salary. As cities across the nation try to grapple with this quandary, a recent audit in the City of Austin provides some potentially powerful solutions, not just for Austin but other cities, counties and states, report Barrett and Greene Inc. in the latest Management Update. Gathering data is one key, but "collecting information isn’t enough. If it’s not actively used that’s something like putting gas in a car’s engine, without putting your foot on the pedal. 'Best practices recommend organizations capture information from both current and departing employees,' auditors wrote. “However, it is not clear that the city is using this data to make decisions.” How can Austin and other places effectively use the data they gather? A sampling include: reevaluating the city's compensation strategy; better tracking the success of retention incentives; and evaluating and potentially expanding career progression plans. For full details, which may have value to any organization dealing with turnover, click here: https://lnkd.in/e-D2Rz95 Corrie Stokes Jason Hadavi Patrick Neha Sharma, Kelsey Thompson, Association of Local Government Auditors (ALGA) Kayla Leslie Leslie Scott Bob Lavigna, IPMA-HR SCP Linda Misegadis, CPP, CPM, CCM, IPMA-CP PSHRA Cara Woodson Welch Juan Williams Melanie Ault Brandon Poole Kevin Workman Howard Risher

Simplifying Global Hiring: What You Need to Know 🌏 Hiring internationally doesn’t have to be complicated. Here’s a quick guide: 1️⃣ Understand Local Labor Laws: From contracts to benefits, know the rules.  2️⃣ Choose the Right Hiring Solution: Whether it's direct hire or via an EOR, ensure compliance.  3️⃣ Stay on Top of Payroll and Taxes: Local regulations vary widely—get expert support. At YES, we simplify the hiring process so you can focus on your business. Let’s make global hiring easy for you! #GlobalHiring #EORServices #YES #HRCompliance #BusinessGrowth

🌟 Why the EOFY is a Great Time to Hire!🌟 As we approach the end of the financial year, it's the perfect time to think strategically about expanding your team. Here are a few reasons why now is the ideal time to hire: 1. Budget Realignment and Planning: Align your hiring budget with your financial goals. 2. Tax Incentives and Write-Offs: Take advantage of tax benefits. 3. Fresh Talent Pool: Access a surge of motivated candidates. 4. Strategic Growth and Expansion: Prepare for new opportunities in the upcoming year. Our permanent recruitment services are here to help you find the perfect fit for your team. Contact us today to learn more and get started! https://lnkd.in/gVnZUDuS #EOFY #Hiring #Recruitment #BusinessGrowth #StrategicPlanning #TalentAcquisition Check out our latest blog 👉 https://lnkd.in/gsm4AC5W

Interesting commentary here. One thing I would add is that assessing your city/county internal service team (finance, IT, HR, Admin) and their performance in serving their fellow team-members is critically important as well and offers key data points to hone in on.

Finance pros, what would you do in this situation? You outperform your metrics for 2 years. Ask for a raise. Get Denied. Then see a new analyst get hired at a higher salary. A Senior Financial Analyst we are about to place found himself in this exact situation. After 2 years of glowing reviews, taking on more work, creating growth opportunities and cost savings. He had the audacity to ask for a $15,000 raise and a promotion. What did he get? A slight bump (not even half). No promotion. His CFO also promised to grow the team to help him avoid burnout. Meanwhile, another analyst was hired onto the team. This person came in at a higher salary than him. Despite coming in with less experience, less skill, and what soon turned out to be a lot less willingness to pick up a fair share of the workload. His frustration simmered for months. Until the right opportunity knocked after I reached out, and he took it. Now, this leadership team is about to find themselves high and dry. And it’s gonna’ cost a lot more than an additional $15,000 in salary and a better title to recoup what they’ve lost. Finance leaders, if you want to keep them, do right by your people. Because when it comes to hiring replacements, retention will ALWAYS be your best solution.

To attract and retain top talent in 2024, understanding candidates' needs is essential. Stay ahead by adapting to these desires to drive future success. Explore our latest insights in our new #blog: https://lnkd.in/ed4KR2xG #cfstaffing #hiring #accounting #finance #technology #IT #sales #recruiting #jobsearch #newjob #talentattraction #employeeretention