Is Temp The New Perm?
- July 30, 2012
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Being in marketing, creative, and digital talent placement, we track employment trends across all industries. Along that vein, we found this story on NPR quite interesting. To summarize key points contained in NPR’s report:
- In early 2009, there were 2.1 million working temps. During the first quarter of 2012, that number increased to 2.5 million.
- Companies are extending temp assignments and keeping temps longer.
- While in the past, most temp jobs were in clerical and manufacturing positions, many temps are now being placed in higher-ranking positions.
- Many temps turn to this type of employment because they haven’t been successful in searching for jobs on their own, especially in the current economic climate.
- One negative of temp work is not having insurance or other full-time employee benefits.
Given the NPR article, you may be surprised to learn, though, that many professionals are temping by choice. At Aquent, we provide health and retirement benefits to our talent, which is one reason some of them have been with us for more than 10 years.
Temp work not only features flexibility of schedule, like independent freelancing does, but in many cases, it’s better. Staffing companies have the relationships with clients and collect on receivables. Temping also costs freelancers less in taxes, since they are W2 employees of the staffing agency. These are a few reasons why, for many temps, it’s their career of choice.
Employers see plenty of benefits from working with temps, too. Take this Forbes commentary on the “free agent nation.” In it, the writers highlight additional advantages temps provide companies with:
- Specialized expertise and quick ramp-up
- New, fresh perspectives
- The opportunity to avoid the cost of a bad hire
Needless to say, this is a trend we’ll be watching very closely. As demand continues to increase, we’re ready to provide our clients with the expert talent they need.
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