WHEN TO START…WITH TEMP AND CONTRACT PLACEMENTS!

  By Judy Collins  |    Monday March 9, 2021

Category: Columns, Expert Advice


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Let’s say you have made the commitment to offer the temp and contract placement option to your clients, realizing that by doing this you can keep your clients happy, build an additional revenue stream, and improve the strength of your business. You are concerned about turmoil in the marketplace, possible threats to your financial well-being in slack periods, and the fragility of your business due to lack of income diversity. So, when should you get started? In this article we suggest that the time to start with temp and contract placement is NOW. The reasons for this include you should be ready to provide these services before your client asks, it is important to stay ahead of the curve as business activity ramps up, you can be ready to make placements in any state, and you should begin immediately to strengthen your finances by diversifying your income stream.

When your client needs to fill a position, the need is often urgent. You should be there to help when the call arrives. The expression “Time is money” is as true today as when it was first coined by Benjamin Franklin. We should spend the time now to prepare to meet our clients’ future needs. This action on our part will translate into money as we enjoy the rewards of successful placements and keep our clients happy!

As businesses ramp back up, stay ahead of the curve by marketing your services right away. By doing this you can perhaps capture a greater share of the placements to be made. Many people have been furloughed or laid off and possibly may not be eligible to be brought back to work as a direct hire. You can bring them back on contract and greatly help your client’s business by recovering lost expertise. Take advantage of the huge pool of candidates that are looking for more flexible work arrangements that contract work offers.

You can be ready to make placements in any state by partnering with a back-office provider. This flexibility will enhance your utility to your clients and enable you to match up candidates and positions regardless of their location. With increasing numbers of employees now preferring remote work it is becoming commonplace to see clients whose employees are remarkably diverse geographically. These arrangements are very easily handled via contract placements.

When is the right time to begin to shore up your finances? The time is NOW. With challenge comes opportunity. The challenge presented by the turmoil in the markets is an opportunity to improve your finances. In a previous article, we suggested temp and contract placements as a means of adding an additional income stream to your business. Why wait? It will take time to build a volume of temp and contract placements, but the reward will come to you as the value of your book of business increases. The diversity of this additional income provides a cushion to help you ride through slack periods in the workforce marketplace. You are effectively building a retirement plan!

 Partner with a back-office provider such as Evergreen Contract Resources to give you the flexibility of responding immediately to your client’s needs and relieve you of the headaches of handling temp and contract placements. Back-office providers typically keep up with the ever-changing rules and regulations issued by the federal, state, and local jurisdictions. These services can be provided immediately if you are set up in advance. Call Evergreen today and we will set you up. There is no cost. No obligation. Use us when you need us. You can be ready to provide services before your client asks, you can stay ahead of the curve as business activity ramps up, you can be ready to make placements in any state, and you can begin immediately to strengthen your finances by diversifying your income stream if you know WHEN TO START…WITH TEMP AND CONTRACT PLACEMENTS!



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