Euworkers can offer a variety of advantages and challenges. It can provide new opportunities and experience, while also allowing workers to build up their resume with different roles. However, it can also lead to a lack of security and satisfaction. This article will examine the perks and pitfalls of temporary employment so that you can decide whether it is right for your career path.
Advantage: Temporary employees save companies time by taking the work out of recruiting and hiring. Agencies charge employers to connect them with the right candidates, who they then supply to the company on a temporary basis. This allows businesses to “try before you buy” and confirm that the employee is a good fit for the role and the business.
The Financial Benefits of Temporary Employment for Employers
Disadvantage: Because they are only hired for shorter stints, temp employees have to be fast learners. They may take longer to get fully up to speed in a particular job, or they could leave their assignment before they’ve reached peak productivity. Additionally, staffing agencies and host employers have a responsibility to maintain a safe working environment for their temporary employees. This can be challenging if regular employees are resentful of temp workers or hesitant to invest their time in them because they know their assignments are short-term.
Another challenge is that many temp workers do not receive the same benefits as full-time employees, such as health insurance and paid time off. This can make financial planning difficult and increase risk for both the individual and their employer. Additionally, many people in the gig economy are not reporting their earnings to the IRS, resulting in an estimated $214.6 billion of unreported income in the US alone.