As\ncompanies try to streamline operations and increase their profits, many human\nresource professionals are now looking at employees in a different light. Aside\nfrom trying to find the right candidate for a job, they are looking at ways\nthey can cut costs while still maintaining quality services in order to\nmaximise company profits. The amount of money spent looking for, hiring, paying\nand training new employees is analysed and used to help determine the\ncompanies\u2019 profits and losses. <\/p>\n\n\n\n
As businesses look for new avenues to reduce overall costs, human resource management has evolved to include different types of employment, like part-time employees and consultants. Particularly in light of the recent pandemic and the economic decline, trends towards lower cost employment have grown increasingly common.<\/p>\n\n\n\n
Part-time\nemployees, also known as casual employees who work thirty-five or fewer hours\nper week. In addition to working fewer hours, part-time employees don\u2019t usually\nqualify for benefits such as health insurance or paid vacation. <\/p>\n\n\n\n
To\nbegin with, the benefit of using part-time employees is mainly that the cost\nper employee for hiring, orientation, and training is less than for full-time\nworkers. This then enables the company to save on these costs and maximise on\nprofits in the long run. <\/p>\n\n\n\n
Another\nbenefit of employees that work fewer hours is that employers can be more\nflexible with scheduling. If a position requires long hours to fill, hiring two\npart-time people can make scheduling easier than with one full-time employee.\nIt also helps avoid overtime or time and a half, thereby reducing overhead for\nan employer.<\/p>\n\n\n\n
In\naddition, part-time employees bring diversity to the workplace. This is\nespecially true for workplaces that are maybe looking to increase the number of\nwomen professionals. This also has the added benefit of showing your clients\nand potential customers that you value diversity in your workplace. <\/p>\n\n\n\n
There\nare few downsides to hiring part-time employees. With part-time employees,\nthere is the risk that they may not be as committed to your company goals and\nwork standards as they are not permanent employees and not feel like they owe\nyour company loyalty.<\/p>\n\n\n\n
Hiring\npart-time workers may lead to inconsistencies in work performance. This is\nbecause they may come in and pick-up where on employee left off and the quality\nof work may differ. <\/p>\n\n\n\n
Due\nto the fact that part-time employees are not around as much or for consistent\nperiods time, they have less contact and interactions with the permanent\nemployees. This may result in full-time employees feeling uncomfortable around\npert-time employees.<\/p>\n\n\n\n
Consultants are hired for a specific positions or tasks and consider the companies they provide their services to, as clients. Consultants are not official company employees. They often have more than one client to which they offer similar services, and are therefore specialists. As consultants aren\u2019t employees, companies don\u2019t have to offer them benefits. <\/p>\n\n\n\n
Hiring consultants saves companies money. Although companies pay consultants more per hour in the long run it actually costs more to hire, train and retain new employees. <\/p>\n\n\n\n
Hiring consultants also has a long list of legal benefits, as independent consultants are not protected by the rights available to employees. For instance, consultants do not have the right to unionise. In addition, employees have the right to sue their employers for wrongful termination. Consultants cannot bring these types of suits before the court as they are bound by the terms agreed on in their consultants. <\/p>\n\n\n\n
Independent consultants are difficult to secure due to their scarcity and overly booked schedules. It can take a while to get one booked and it can be difficult to get the same person to do another job for your company. This can then result in inconsistencies in the work done.<\/p>\n\n\n\n
Due to the fact that consultants are not employees, they are consultants by numerous companies some of which may be your competitors. <\/p>\n\n\n\n
https:\/\/social-hire.com\/blog\/recruitment\/5-benefits-of-hiring-part-time-employees<\/a><\/p>\n\n\n\n https:\/\/www.insperity.com\/blog\/hiring-part-time-employees\/<\/a><\/p>\n\n\n\n