#HR#Word: #Contigent #Staff
Contingent Staff is a group of contingent workers who usually work under a contract for a fixed period of time or for a specific project. They are paid according to […]
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Contingent Staff is a group of contingent workers who usually work under a contract for a fixed period of time or for a specific project. They are paid according to […]
Contingent Staff is a group of contingent workers who usually work under a contract for a fixed period of time or for a specific project.
They are paid according to number of hours worked and they don’t get any benefits and allowances that permanent employees get.
They are also known as freelancers, or temporary contract workers.
Contingent Staff works in casual employment and working arrangements are less formal for them.
They are popular in industries with fluctuating demands.
CLASSIFICATION:
Advantages:
Disadvantages:
Example:
A salesperson can be an example of contingent worker where the company has hired him in peak loads of sales. The company focuses on results and not on the methodology adopted by the salesperson.