Temp-to-Hire Option Gains Favor in Cautious Business Environment
As the economy improves, many firms are bringing in temporary accounting and finance professionals to help meet business demands and to alleviate uncertainty in the hiring process.
June 21, 2010
During the recession, many accounting firms understandably focused on responding to immediate needs and problems. While facing significant challenges and business uncertainty, they may not have had the time or resources to give as much thought as they normally would to future plans. Now, as confidence in the economy appears to be returning, it’s a good time to re-evaluate your staffing situation and lay the groundwork for growth.
Temporary-to-Hire Growing in Popularity
Some firms, eager to take advantage of the high caliber of accounting and finance professionals now on the market, are selectively hiring individuals who would make strong additions to their teams, including a deep pool of promising entry-level candidates. Many organizations that are not quite ready to hire on a full-time basis are increasingly bringing in temporary accounting and finance professionals to help them meet growing demand for their services while alleviating workload pressures on current employees.
For many firms that find themselves struggling with decisions about whether to hire and when, a combination of the two approaches is best. A temporary-to-hire arrangement not only provides reinforcements whenever and wherever needed, it also enables prospective employers to evaluate these individuals’ on-the-job performance and assess their readiness for planned or future full-time positions. This can take some of the uncertainty out of the hiring process and improves the odds of making a successful job match.
To Hire or Not to Hire?
So what’s the right solution for your firm? You may be able to fill some gaps by shifting the work responsibilities of current employees so that long-awaited promotions are granted or team members receive opportunities to develop new expertise and continue to grow with your firm. If you find, however, that a long-term pattern of increased work is developing that is overwhelming your core team, you will likely need additional resources. Following are some of the most telling signs that you may need to add employees:
If you’re seeing these signs, how do you go about adding staff? First, recognize that staffing is more than just recruiting full-time employees. You can address your particular situation by building an adjustable mix of temporary, full-time and temporary-to hire professionals. This staffing approach is flexible enough to help you weather a range of economic environments because it allows you to respond quickly to changing demands and requirements. Observing these steps can enable you to get the most out of the use of temporary and project employees:
Whether you seek to add staff on a temporary, full-time or temp-to-hire basis, consider using a staffing firm that specializes in the accounting field. These firms can provide talented professionals at every skill level and with a range of expertise to match your specific needs.
Accountemps is the world’s first and largest temporary staffing service specializing in the placement of accounting, finance and bookkeeping professionals. The company has more than 360 offices throughout North America, South America, Europe and the Asia-Pacific region, and offers online job search services at www.accountemps.com.