What is Contingent Staff ?
Contingent staff refers to employees who are not on a permanent or long-term contract with a company or organization. These employees may be hired on a temporary, seasonal, or project basis, and may also be referred to as “temporary workers,” “freelancers,” or “contractors.” They may be engaged through a staffing agency or on a direct-hire basis, depending on the company’s hiring policies and practices. Contingent staff typically do not receive the same benefits and job security as permanent employees.
Contingent staff qualities:
Contingent staff may possess a variety of qualities depending on the job they are hired to do, but some common qualities that are sought after in these workers include:
- Flexibility: The ability to adapt to different work environments and changing project requirements.
- Specialized skills: Contingent workers are often hired for their specific skillset that are needed for a particular job or project.
- Reliability: The ability to show up on time and follow through on commitments, with a good work ethic.
- Professionalism: They need to act with the same level of professionalism and follow the same rules as permanent employees.
- Technical proficiency: Contingent staff should be well-versed in the tools and technologies required to perform their job effectively.
- Self-management: The ability to manage one’s own time and resources effectively when working independently.
- Strong communication skills, since they work with different teams and managers.
- Strong problem solving skills: Contingent staff is often brought in to solve specific problems or to fill specific skill gaps on a project, so they should be able to think critically and creatively to tackle these challenges.
What Are the Benefits of Hiring Contingent Workers?
There are several potential benefits to an organization that hires contingent workers, including the ability to:
- Adjust the size of their workforce as needed without committing to permanent employees.
- Access specialized skills for specific projects that their current workforce may not possess.
- Save on compensation and benefits costs such as overtime and healthcare.
- Save on training costs as contingent workers often possess advanced knowledge and skills.
- Avoid tax responsibilities by not having to withhold and deposit payroll taxes, and not having to pay matching employer contributions for Social Security and Medicare taxes.