Originally posted by Fraidycat
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Originally posted by dsc View Post
On my current contract I was taken on as the client had a freeze on perm hires but still needed people in a niche area - this in itself actually makes sense, but laying off perms and taking on contractors seem like shooting yourself in the foot.
flexible resourcing requires a mix. Keep a baseline of low cost perms, and flex up or down with contractors. Not hiring new perms just means the baseline resource has been met.
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Yup, flexing up / down with contractors I get, what makes little sense, to me at least, is ditching perms and hiring contractors (unless you have tulip perms, then yeah maybe).Comment
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Originally posted by dsc View PostYup, flexing up / down with contractors I get, what makes little sense, to me at least, is ditching perms and hiring contractors (unless you have tulip perms, then yeah maybe).Last edited by Fraidycat; 17 July 2023, 18:04.Comment
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Originally posted by dsc View PostYup, flexing up / down with contractors I get, what makes little sense, to me at least, is ditching perms and hiring contractors (unless you have tulip perms, then yeah maybe).
and they’re tulip as well
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Originally posted by Lance View Post
reducing the baseline
and they’re tulip as well
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Originally posted by CoolCat View Post
can be other motivations too, simply want perm headcount to look low to convince investors (or the govt in the case of public sector) that they are being efficient. sometimes if the pension fund is problematic there can be a drive to stop new joiners for a while during attempts to fix it. etc.Comment
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In my experience, contractors are usually hired when there is a new or existing project that needs to be completed. The company usually has a project budget and contractors are payed from this accordingly. Hence why we are chopped when the budget has run out.
This is why there seems to be a slow down, much like when COVID19 hit, projects are on hold. However the other side will then be a shortage of skills and people. Just hoping that the valley is not too deep. That being said some companies can rarely afford to stop project work as the customer/system/regulations maybe demanding the changes.Comment
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Originally posted by SchumiStars View PostThat being said some companies can rarely afford to stop project work as the customer/system/regulations maybe demanding the changes.Last edited by Fraidycat; 19 July 2023, 01:42.Comment
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Some good news for a change. Huge rally today in the FTSE 250 on the back of the better than expected inflation data.
Markets now expecting interest rates to peak later this year, instead of early next year.
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