Scaling Your Business? The Pros And Cons Of Hiring Different Types Of Workers

Benefits

• You hire a subcontractor for a specific project, so expenses are limited to the contract.
• You don't have to pay salaries, benefits, or offer company perks.
• You have a medium-level say over their work tasks.
• You're hiring a professional who knows their craft and don't have to provide too much oversight.

Disadvantages

• They might not be the best fit for your company or project.
• They might leave for another hire at a higher rate if they don't want to work with you long-term.
• They work with multiple clients and can't devote their full focus to your project.

Advantages

• You have low maintenance. The company's team has a history of doing a specific type of work and requires the least overseeing.
• You don't have to work with the outsourced company again if you're dissatisfied with the outcome.

Disadvantages

• You have low control. You can't tell a company you've outsourced how to do the steps your way.
• You might encounter problems with differing work styles and expectations.

Ensure that you comply with all applicable labour laws to prevent severe consequences. For example, the US IRS can penalise employers who misclassify employees.

If you work with the applicable employment laws and treat your workers with care and respect, a strategic approach to hiring workers will benefit your company.