Revolutionize your Hiring Strategy - Try Before You Buy
You’ve never hired someone on contract before. You’ve always thought, “I don’t want to share (and potentially lose) intellectual property if a person is leaving”. But, what if they didn’t necessarily HAVE to leave?
What if you could interview like you always do, then hire via contract and “try before you buy”?
If you’ve hired poorly in the past and you don’t have the time or money to make a mistake this time, it might be time to consider a Contract to Hire, or better yet, a Contract - with the potential for conversion.
When you choose this hiring strategy, you’re able to interview and onboard someone quickly and avoid the costs associated with hiring a full-time leader (think health benefits, bonuses, retirement packages, and paid vacations).
How much faster? Contract hires are onboarded within weeks. Direct/permanent hires take an average of 2-3 months.
If you want to control project costs, I recommend hiring via a statement of work. On an SOW, you can engage project-based labor, billed based on fixed-price deliverables. Make sure you get what you pay for: hire someone to accomplish specific, pre-defined, objectives, at a price agreed upon in advance of that work.
Beyond budgeting advantages, SOW talent can also protect your business from the ultra-high cost of making a poor hiring decision.
Studies indicate a 60% chance that a new employee will quit or be fired within the first three years. The cost of replacing that person could be anywhere from 3-5 times the position’s salary. Add in the damage done to employee morale and customer relationships, and the financial impact of a bad hire becomes deeply significant.
We can glide you through this process so fast that you'll never want to hire any other way.
Want to know how?