Organizations compensate contingent workers less and offer few to no benefits than to full-time employees. What are the benefits and disadvantages in employing contingent workers at your present or previous organization? Weigh the advantages versus the disadvantages and determine if the use of part-time employees provides a strategic advantage. Cite at least two outside sources as references in your initial response.
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Contingent Workers
Introduction
Many organizations rely on part time and temporary positions to cut down costs and increase their flexibility. This approach involves the use of contingent worker, which is described as a provisional group of workers who are employed by the organization on non-permanent basis(Bauer, et al., 2012). Analysis have showed that contingent workers have play a vital role as available resource as HR attempt to balance the supply of workers available, yet maintain cost control.
The benefits of contingent workers
Flexibility
The first benefit of contingent workers is that it increases staffing flexibility for the organization. For instance, an organization using contingent workers have more flexibility in the sense that it can hire and fire new staff quickly, with minimal repercussions on the organization(Smith, 2000). Temporary workers understand that they do not have long-term relationship with their employers. As a result, when the company terminate their services, they do not cause more harm to them as compared to the termination of core or permanent employees. Also, it allows the organization to source for skills they urgently need and is lacking on permanent employees.
Reduced cost The second benefit is that organizations…………………………………………………………………………………………………
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