Contractors working in team

Hiring a Contractor VS a Full-Time Employee

With the technology sector being one of the largest in the UK, there can often be many conundrums when it comes to hiring someone. What is it that I exactly need? How challenging would it be to find someone? What salary or contract rate do I need to budget for? Will I require a contractor or a full-time employee? These are just some of the key questions that arise when comes to hiring someone new to your team. One of the most important is deciding between a full-time and part-time employee. There are benefits to both options. What ultimately matters is your budget and your business needs. Hiring a contractor shouldn’t be seen as an expensive option as they can offer your business a great deal of flexibility and reduce the time it takes to hire someone.
Contractors working in team
One of the top benefits of employing tech contractors is the urgent solution they provide when companies face a looming project deadline or an unexpected talent gap. Hiring for contract-based talent eliminates the need for an extensive hiring process and instead allows you to fast-track their abilities, thanks to the urgent accessibility and availability of contract talent. Marcus Donald, for example, typically has a turnaround time of 48 hours to identify a contractor. We also offer the opportunity for a working day trial and immediate notice for the first week of their assignment.
Hiring tech contractors can be the best hiring strategy for your business if you need high-end, limited, project-based needs. Rather than using your entire budget to hire one full-time employee with a competitive salary, a contractor allows you to complete a project without the long-term requirements of a full-time employee. Here are some key reasons you may wish to consider engaging with a contractor.

Why Hire a Contractor?

A Contract/Consultant Requires Minimal Hand-holding

A seasoned and experienced contractor has pretty much been there, done that, and got the T-shirt! They typically have worked within various teams, multiple projects and have been exposed to many business practices. Even if you engage with a contractor that may be a tad short on one of your requirements, odds are, they will usually require minimal time to get up to speed learning about the latest/relevant technologies or internal practices. A competent contractor can save you time and money and would be able to contribute on their first day.

Hiring a Contractor Can Be Incredibly Cost-Effective

While the implementation of IR35 legislation has had an impact on contractors, they are responsible for all their payroll taxes and benefits. This can significantly reduce your business’ overhead and headcount costs. You only pay for the work they do and in essence, we will engage directly with the contractors and supply them to your business via an SOW. You can get tech contractors interviewed and onboarded much faster than full-time talent as the same training, culture fit needs, and financial concerns of making a bad hire don’t apply as extensively.

Try Before You Buy

Opting for contract talent when facing an unexpected talent gap also provides you the opportunity to evaluate if you need this resource long-term, if they are a good culture fit, and if they work well within your environment throughout the length of the contract. Doing so provides you with the option to transition top contract talent over to a full-time hire based on their proven experience with your team rather than just a resume and a few interviews. “Try before you buy” works for you and the consultant.
Tech team working together
Regardless if you plan to hire on a contract or contract-to-hire basis, both options provide you with urgent resources that can get started immediately during times when a hiring and onboarding process that lasts days as opposed to weeks or months can make all the difference.

Speed to Source a Contractor vs FTE

You can get tech contractors interviewed and onboarded much faster than full-time talent as the same training, culture fit needs, and financial concerns of making a bad hire don’t apply as extensively. Opting for contract talent when facing an unexpected talent gap also provides you the opportunity to evaluate if you need this resource long-term, if they are a good culture fit, and if they work well within your environment throughout the length of the contract. Doing so provides you with the option to transition top contract talent over to a full-time hire based on their proven experience with your team rather than just a resume and a few interviews.
Regardless if you plan to hire on a contract or contract-to-hire basis, both options provide you with urgent resources that can get started immediately during times when a hiring and onboarding process that lasts days as opposed to weeks or months can make all the difference.

Temporary Problem Solvers

If you are uncertain whether you will need a spot filled for a long-term solution or are worried about the economy then a contractor may be the best choice. They can come either on a project-by-project basis or a limited period contract. This means that your business won’t have to worry about any long-term employment impact. If for any reason you are not happy with the contractor then we offer flexible notice periods throughout their assignments to give you extra peace of mind.
female office team

Flexibility

Arguably one of the most favorable advantages to hiring a contract developer is that they are adaptable and give you full flexibility. Hiring a contractor allows you to assess the long-term need and they can share their knowledge and experience with you and your team. The length of the contract can be a rolling assignment you only pay for the days worked which you are satisfied with These are a few of the benefits to consider when deciding whether to hire a contractor vs a full-time employee.
Much of the market (like the world we live in) is dictated by supply and demand, which is no wonder why hiring exceptional permanent tech staff will take a longer time, more money, and potentially more risk! Going with a contractor, alternatively, will help alleviate some of those costs and risks. Speak to the experts to help you come to a solution and add some clarity to your decision.
Marcus Donald People are the go-to experts on all your Software Development and Information & Cyber Security staffing needs.
Reach out to Bobby Corbyn or William Bennett if you’re looking for your next contract hire.

Quick Drop CV

Scroll to Top