The economy is starting to turn around, and if things continue in a positive vein as I think they will, your company may soon be growing. A growing company has many decisions to make, including: do we hire full-time staff as employees, or do we add independent contractors?
The benefits of hiring independent contractors can include lower overhead in the form of health insurance and benefits. But does lower overhead outweigh the returns on investing in dedicated employees who may be loyal to the company, grow in ability with it, and eventually be more self-sufficient and reliable? After all, that independent contractor may be spending more mindshare and effort building his or her own business, versus your business — on your dime!
To read the full, original article click on this link: Hire More Employees or Contract Out?
