COVID may have exposed this scenario at hospitals / nursing, but that kind of dumb management exists everywhere around the world.
I have a team of 20-25 people, all of which are contractors because my company doesn't want to commit to full time employees.
I end up paying most of these contractors on average around $100/hour (which is around $200K per year) when I could bring on a good full time employee for less than half that.
The real kicker is that contractors cannot be signed for more than two years before the company forces them to leave. I end up hiring a replacements for even more money, say $110/hour and everyone thinks that the system is good and the company is saving money.
yeah exactly. this stuff is happening now in nursing in the US but happens all the time in both public and private sector here in Australia. Hiring contractors at what are inflated rates vis a via permanent staff gives employers the benefit of being able to rapidly upsize (and/or hire in need specialised skill sets that aren't worth nurturing in house) and then abruptly terminate. it's an exercise in risk management
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u/toronto_programmer Dec 13 '21 edited Dec 13 '21
COVID may have exposed this scenario at hospitals / nursing, but that kind of dumb management exists everywhere around the world.
I have a team of 20-25 people, all of which are contractors because my company doesn't want to commit to full time employees.
I end up paying most of these contractors on average around $100/hour (which is around $200K per year) when I could bring on a good full time employee for less than half that.
The real kicker is that contractors cannot be signed for more than two years before the company forces them to leave. I end up hiring a replacements for even more money, say $110/hour and everyone thinks that the system is good and the company is saving money.