Eminence Technosystem offers Contract to hire staffing services which helps both the employer and the employee. In the process of Contract-to-Hire, an employee will work for the employer for a set length of time. At the end of that contract period, the employer decides if the employee will be hired as a permanent employee or not. The employer considers various factors such as core skill competence, presentation, and soft skills of the employee and then takes a call about filling the position on a permanent basis.
Eminence Technosystem is a leading staffing services company that provides Contract to hire staffing services, especially to IT companies. The IT sector heavily depends on every individual’s performance. Every single bad hire by any IT company affects its business and profit margins. This is the primary reason most of IT companies prefer contract-to-hire services.
Our expert staffing consultants find the best candidates and reduce the talent hunting burden on companies. Once IT companies define their requirements, terms of evaluation and duration on contract, our team provides the requisite talent. During the contract period, steady input from organizations is taken. In view of the input, the employee is offered a permanent job offer after the temporary contract period is over. After the employee accepts the new offer, he is transferred to the client’s payroll.
Risks involved in direct hiring
Financial Risks: Direct hiring involves significant costs including recruitment, boarding, and training. Other costs such as salary, benefits, insurance, equipment, and costs related to poor hires should also be taken into account. The cost of lost productivity, severance pay, training costs are added up as financial risks.
Cultural risks: Full-time hiring also has a substantial impact on the company’s culture in the event that the employee does not work as expected.
Legal risks: There is always a legal risk involved in the direct hire process due to termination or any other requirement of employees. However, with a contract to hire, candidates have no expectations or guarantees that they will hire them.
How contract-to-hire staffing service works
- Identify your talent needs
- Select from the contract or temporary staff pool
- Hire on contract/temporary basis
- Evaluate the performance of the selected candidate
- Decide the candidate’s cultural fit
- Offer him a permanent job position
- Get talent transferred to the company’s payroll
Benefits of contact to hire
- Avoids the risk of bad hires
- Cuts down training costs, severance pay involved in the direct hiring process.
- Other costs including salary, benefits, insurance are also avoided.
- Greater workforce adaptability
- Work environment remains unaffected