Ignacio owns a small business that employs 12 full-time workers. He has recently been told by his financial advisor that he would benefit financially from adopting a contingent employment strategy. What would Ignacio have to do in order to take his financial advisor’s advice?

A contingent workforce is more on-demand than standard, full-time employees. Examples of contingent workers are freelancers, contractors, and consultants. These types of workers are hired when needed for shorter term projects and are only employed by the company for the time they are needed to complete their project.

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monikachinwaal55 monikachinwaal55 · Answer 2 · 2022-05-20T14:53:30+02:00

Hiring the contingent workers would be very beneficial strategy for Ignacio to adopt for the successful running of the business as advised by his financial advisor.

What are the benefits of the contingent employment strategy?

A contingent employment strategy is the tool used by the HR recruiter or manager to increase the number contingent worker over the permanent workers.

Contingent worker works for the organization without being hired and provides the high level of performance.

Contingent workers help the organization in achievements of the objective of the firm.

Learn more about the contingent employment strategy here:-

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