Temp-to-perm (temporary to permanent) hiring offers numerous advantages for employers. Also known as temp-to-hire, or “try-before-you-hire”, this strategy is a way for employers to bring in talent on a temporary basis, without committing to a permanent offer of employment. There are many benefits for employers, one of the primary being that it enables them to essentially “test out” potential new hires before investing the resources and going through the process of a formal, full or part-time hire.
Here’s a look at a few compelling reasons to consider temp-to-perm hiring for your business:
- Practical Evaluation: Conduct a trial run to determine a candidate’s suitability. The primary benefit for employers is that it allows you the flexibility to essentially “test out” potential new hires before investing the resources and going through the hiring process to ensure you’ve found the perfect fit for the job at hand.
- Reduced Employment Costs: Reduce the cost of benefits such as vacation, paid sick leave or other paid time off, retirement benefits, and medical and dental benefits.
- Risk Mitigation: The employees are on DAVIS’ payroll alleviating unemployment costs and we handle all termination situations.
- Easy Transition: Should you decide to offer a permanent role to an employee after the temporary period has ended, the transition is relatively simple.
Temp-to-perm hiring is a smart strategy particularly for businesses in periods of growth. Both cost-effective and practical, this hiring strategy allows companies to determine the right fit and hire the best candidates for permanent roles without the risks associated with a permanent hire. Most of all, it’s a win-win strategy for both employees and employers.