Many organisations currently use contracting in a structured way to manage their workforce. The demand for contractors reflects the increasingly volatile and unpredictable nature of business in Australia. Two industry sectors that have led the way on the use of contractors are the infrastructure sector and the mining sector.
Key demand drivers for contracting include:
Increasingly we have seen organisations use contracting as a permanent structural measure to mitigate against the risks of an unpredictable economy in Australia – for example ensuring 30% of their workforce is contractors. Furthermore, contracting is an attractive option for organisations that are cost focused and want an alternative to sourcing expertise from top tier accounting, legal or consulting firms.
For candidates, contracting has many benefits including providing the opportunity to gain employment whilst continuing the search for a permanent position.