Insights Blog

Sharing our perspective on the world of talent and hiring.

Why hiring contract professionals makes sense in a downturn

The need for contractors tends to spike in a downturn because companies are laying off full time employees and still need specific skill sets while at the same time cutting costs. However, the labour market is still considered tight with low unemployment, coupled with the Baby Boomer generation reaching retirement age which shrinks the labour pool, but people with in-demand skills have options.

The Global News article “Here’s what a recession could mean for gig workers in 2023warns that this coming recession is different from previous ones and it is hard to predict how deep it will go.

Companies wanting to reduce their risks should look to contract professionals for building out their workforce during unsettling times. Contract professionals offer in-demand skills and can be contracted for specific needs and time frames with options of extending contracts when needed. Having a flexible workforce means that companies can meet demands and pivot to change during uncertain times.

Companies wanting to scale their workforce need an affordable and manageable business model that works for them and is capable of meeting their needs.

Curasion offers direct access to top talent with transparent rates and availability, and over 350 talent pools.

Company hiring market

It is a company hiring market, the people laid off from the big tech companies are available. A Wall Street Journal article indicated that companies are: Being more cautious with hires, Taking...

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The advantages of direct sourcing

An SIA report “Unleashing the Power of Direct Sourcing:A Pathway to Workforce Optimization” cites that of the 80% of large organizations with a direct sourcing program, only 47% of them are...

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Independent workers

Who they are About 45% of the American workforce, or a record 72.1 million Americans, worked independently, in 2023. Baby boomers account for about 23% which is declining as they retire, Gen X...

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Update: Licensing delayed to July 1, 2024

Staffing agencies have been given a six month reprieve (from Jan 1, 2024 to July 1, 2024) in applying for licenses which will cost $750 for the application and requires a $25,000 letter of credit....

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Gig economy – New ways of working

The gig economy refers to contract or freelance work rather than permanent job in today's labour market. Gig work encompasses professional contractors as well as part time workers and app workers....

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Commemorating Truth and Reconciliation

September 30 marks the National Day for Truth and Reconciliation as well as Orange Shirt Day.   This day honours the children who never returned home and the Survivors of residential schools,...

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