Benefits of Project-Based Hiring

Whether it’s a busy season or you have a big project coming up, project based hiring is a solution many businesses turn to when they need some extra help. There are plenty of benefits to hiring temporary workers on a project basis, making it a smart way to give your staff a boost without committing to a full-time hire. 

What is Project-Based Hiring? 

Project-based hiring is the practice of recruiting and hiring temporary employees to complete a specific project. If your business does not need another full-time employee, but could use extra manpower, hiring a contracted worker on a project basis is a great way to get the help you need. 

When hiring an employee for a project, you can set expectations early so that they know their position has an end date in the near future. Whether the project lasts 3 weeks or 3 months, project-based recruiting is a good strategy for businesses that are growing gradually. 

What are the Benefits of Project-Based Recruiting? 

There are various benefits to hiring temporary workers on a project basis. We’ll break down the best reasons to hire project-based employees. 

Get Big Projects Done 

The most obvious benefit of project-based hiring is to get your projects completed on time! When big projects come around, you may need to enlist help outside of your current staff. Rather than invest in a full-time hire that your business isn’t ready for, consider hiring contracted employees for the project. Once the project is complete and your workload returns to normal, you can say goodbye to your temporary employee without any hurt feelings. 

Bring in New Skills & Perspectives 

Project-based hires are also great because they bring a new set of skills, experience, and perspective to your business. If you hire on a project-basis, you can try hiring someone with different kinds of experience to help with the project. Depending on the type of work you need done, it may be possible to hire someone with a background you wouldn’t have considered for a full-time role. 

Hiring someone with a different perspective on your business can help you learn more about how your business functions from an objective standpoint. Their experience may shed light on how your team handles projects, how your project management can improve, and how your overall business can improve. Be sure to ask for feedback from temporary hires so that you can see how they perceive your company! They may be more honest than your full-time employees, since they already know the start and end date for their position. 

Trial Period for Full-Time 

If you’re considering adding another full-time hire to your team, hiring on a project basis can work as a trial run to see how they do. This way, you get to see how they perform the job and how they fit into your team and company culture before committing to a full-time hire. Hiring a full-time position that doesn’t work out is expensive, so hiring on a project basis first can save you some time and money. 

While project-based hires typically have a predetermined end-date, you can still decide to offer them a full-time position at the end of that period. They are under no obligation to accept, of course, just as you are under no obligation to offer them employment after their project is completed. If you enjoy their work and what they bring to the team, however, hiring a project-based contractor can be a great way to grow your team with talent that you have tried and tested. 

Save Money

Finally, hiring employees for a short-term project can save your business money. A full-time hire is more expensive, since their position lasts indefinitely. Hiring a contracted worker can help you save on payroll, taxes, and benefits, since healthcare and other benefits aren’t necessarily included for short-term hires. Hiring on a project basis can help you achieve your goals and meet deadlines while saving money. 

Final Thoughts 

There are pros and cons to project based hiring, but we believe the pros outweigh the cons. While you may face challenges in terms of recruiting and training short-term hires, they can help your business finish projects when you need more hands on deck. 

If you’re worried about the time it may take to hire employees for your projects, contact us at TalentFleX Solutions! We specialize in short-term and project-based hiring, so we can help you find the right talent to complete your projects in a timely, affordable manner. Contact us today to discuss your hiring options!