Five Advantages of Hiring IT Contractors

According to a recent study by Janco Associates, a management consulting firm that specializes in IT, more than two-thirds of CIOs say their aging, legacy infrastructures are making it difficult to implement new technologies—but they don’t have the budgets to update them by hiring full-time staff. Their solution?

48 percent of respondents plan to hire more IT contractors than full-time staff in the next year to 18 months, and 32 percent expect to increase their annual budget for hiring IT contract workers.

Companies are hiring IT contractors to maximize and squeeze additional value out of their existing technology platforms. They’re hiring contract web developers, application developers and mobile developers, in order to keep up with the competition.

Why Use Contractors?

1. You can leverage existing technology to the fullest without increasing budgets for full-time hires.
2. You can build a flexible workforce while streamlining and driving cost efficiencies.
3. You can save money—anywhere from 30 percent to 60 percent off the bottom line.
4. You can cut back on the benefits and perks that you’d have to supply full-time employees as you move toward a contractor-heavy workforce.
5. You’ll find you can afford a much more mature, deep, skill set and greater experience across multiple platforms.

You’ll just want to make sure you keep things legal. Here’s how:

Know the difference between a contract employee and an independent consultant.

Contract employees, or contractors, are hired by consulting or staffing agencies and then placed in assignments at businesses that need help on projects. Independent consultants typically market their own services to businesses and bill them for those services.  Contractors are paid by the staffing agency, which takes care of payroll and taxes. If you’re working with an independent consultant, you’ll want to be sure you’re not actually treating them as an employee under the IRS’ guidelines.

Make sure you cover all key areas in your contract.

The agreement should spell out the pay rate, the contract duration, the contractor’s job role and hours. Include other details specific to your company, such as the dress code, if necessary.

If you’d like to enjoy the advantages of hiring some of the top IT contractors in the Southeast, give Triumph Services a call. We’ll find the employees that fit your company culture and can get the job done right.