Time Employees Full Time Often Higher Level Benefits Landscape Changed Employees Serving C Q34247831

here was a time when most employees were full-time, often with ahigher level of benefits. That landscape has changed, with moreemployees serving as consultants, contract employees, ortemporary/part-time workers. Compare and contrast the benefits ofutilizing a consultant, contract employee, or temporary/part-timeworker, including the situation/scenario when an organization maywant to consider this type of worker rather than the traditionalfull-time employee.

Expert Answer

The consideration of consultant,contract employee, or temporary/part-time worker vs. regularemployees depends on the business-level strategy on the whole. If acompany is taking a cost-leadership position, then to maintain acompetitive advantage in the industry, it will need a high level offlexibility.