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IES Blog

The Contract Workforce

February 28, 2011 Read time: 1 minutes

The Yoh Index of Technology Wages, a benchmark of wages for temporary workers in the information technology, life sciences, engineering, healthcare, aerospace and defense fields, found that wages for temporary workers increased in the fourth quarter of 2010 after a long slump. Hourly wages rose 4.3 percent from November to December following consistent declines throughout…

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February 24, 2011 Read time: 1 minutes

Temporary and contract workers are being hired at increasing rates across the U.S. as more businesses seek the assistance of payroll outsourcing services. Heidi Shierholz, an economist at the Economic Policy Institute, told the Des Moines Register that after a recession, temporary jobs tend to increase first, because they provide businesses the opportunity to "test…

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February 22, 2011 Read time: 1 minutes

The recession kicked off a lengthy period of high unemployment rates that are not expected to return to normal levels for a few years. The Wall Street Journal polled leading economists, who predict that the unemployment rate at the end of 2011 will be at a historically high rate of 8.6 percent. The strain of…

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February 21, 2011 Read time: 1 minutes

As companies begin to increase hiring and recover from the recession, contract workers are a flexible resource. They are experts in their fields and have low impact on businesses' bottom lines. Staffing agencies handle the salaries and benefits of contract workers, saving the companies that hire them money. Hiring temporary workers on contract also gives…

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February 17, 2011 Read time: 1 minutes

A growing number of companies are hiring temporary and contract workers from staffing agencies in order to supplement their staffs. Under the Family and Medical Leave Act and the Fair Labor Standards Act, a host company has some responsibilities to their contract workers, even though the staffing agency is a temporary worker's employer for tax…

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February 15, 2011 Read time: 1 minutes

Randstad recently released a report predicting that the top employment skills for 2011 will include applications development, as well as data center design and management. The report aims to identify what will be the fastest-growing employment sectors and the skills that will be in demand in Australia. The financial services and IT consulting sectors have…

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