Hire Temporary Workers Rather Than Long-Term Conventional Ones

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Executive Summary - As general heuristic, it seems as though hiring temporary workers may be cheaper than hiring long term ones. Finding out whether or not such is the case is important since today's number one issue for any particular company is finding and retaining new employees and even more challenging is finding employees that will help the company progress and move forward. We are in a state of recession today and minimizing expenses as much as possible has become more important thaqn ever. Given the high level in some companies of turnover, it is particularly important for these companies to evaluate whether or not it may be cheaper for them to hire temporary workers rather than long-term conventional ones. The cost in savings may be enormous. This the question that the following essay analyzes. Its treatment of the matter will prove helpful to all sorts of business, whether small or large, since each is occupied with the burden of having to recruit and retain motivated and effective workers. Definition The question is the following: Should our company hire temporary workers or hire new workers to handle increase demand for our product? The question is really more complex since both categories of workers come accompanied with both tangible and intangible expense. These expenses must be throughly tabulated and worked through before a decision is reached. Today's number one issue for any particular company is finding and retaining new employees and even

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