Hiring - An Alternative Approach! | LBMC | Accounting, Tax, Audit, HR, Staffing, Technology

Article Type> Staffing Services

Hiring - An Alternative Approach!

A Best Practices Suggestion

With tighter budgets, often ‘no’ budget, and reduced headcount, companies find it challenging to complete the necessary daily tasks. Compound that with a special project or two and you get an overworked team. Or, perhaps you have planned for that additional full-time hire, but it has not been approved. The alternative approach, hiring of additional resources on an as needed basis, is commonly referred to as ‘contract staffing.’

Comparatively speaking, contract staffing can also be cost-effective without the additional cost of benefits and overhead. Companies get access to ‘top talent’ for the duration of time needed. Clients also benefit from the best practices that contract workers bring from prior experience. Many contract workers are specialists in their areas of expertise and have niche experience that has proven to be beneficial to projects.

Our advice for companies who currently have hiring restrictions is to consider contract staffing as an alternative. We have a talented team of professionals in accounting and human resources that are high achievers in their disciplines. They enjoy the challenge of contract work, the ability to bring new ideas to companies and the reward of helping companies meet the demands of the special projects. Think about contract staffing -- the benefits you and your current staff will receive might just astound you.

Project Examples

Interim CFOs & Controllers
Audit preparation
Internal and external financial reporting
Tax accounting
Budgeting and analysis
Account reconciliation
Bankruptcy support
Accounting clean up
International business and tax
Forensic accounting
Crisis management
Inventory analysis
Internal controls review
Business process benchmarking, improvement and design
Financial software implementation
Updating of HRIS system
Implementing a new record keeping system
Implementing a new payroll system
HR management consulting
Rollout of new benefit plan

Examples of when to use contract staff

Maternity/paternity or medical leaves
Interim staffing while recruiting the next full time hire
Hard to find skills are needed
Work overload
Tight deadlines with limited staff resources
Budget constraints prohibit full time hire
Unique skills needed for a one-time project

For more information or questions contact:

Nashville
Sherrie Whatton; swhatton@lbmc.com; 615.309.2428

Knoxville
Jill Green, jgreen@lbmc.com; 865.862.3051
Christine Bell, cbell@lbmc.com; 865.862.3050