Contract (contingent) work has taken off as an employment model in Procurement and Strategic Sourcing. More companies are realizing the benefits of hiring contract professionals to build strategic improvements into their Procurement function, and more top candidates are flocking to contract work as an alternative mode of employment with flexibility and other lifestyle advantages – at the expense of a permanent job’s stability. Contrary to popular belief, not everyone who seeks out contract work is only doing it because they can’t find permanent employment.
Argentus provides staffing services in both Permanent and Contract, and we’re big advocates of both models of hiring. They both have advantages and disadvantages, for companies looking to hire and for candidates. They sit alongside each-other as two tools in the arsenal of any company looking to hire, and two options for any ambitious Strategic Procurement Professional.
So how does Contract stack up to Permanent employment in this field? We put together this Infographic discussing some of the advantages and disadvantages for each – from the perspective of money, career advancement, taxation, and more.
Check it out!
We hope you find this infographic useful, and we hope it might get you thinking a little bit about the other side of the fence.
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