Navigation Links
Human Capital Resource, LLC, Adds Contract Staffing to Its Recruiting Services
Date:8/12/2013

Trumbull, CT (PRWEB) August 12, 2013

In response to the demand for contractors in the pharmaceutical and biotechnology industries that they serve, Human Capital Resource, LLC, has added contract staffing to its recruiting service offerings.

The Greater New York City recruiting firm has focused on direct hire placements within those industries in the northeast corridor of the United States since 2005. With a recruiting team of former professionals that are experienced in hiring and managing staff, the firm prides itself on becoming a partner in solving their clients’ staffing issues. The addition of contract staffing to their business model is an extension of that philosophy as it has become clear that cost-savings and flexibility are key objectives for their clients, said Human Capital Resource Co-Owner Jim Davidson, who has been recruiting for over 25 years.

“Many companies in this niche are older companies with very rich benefits packages,” he said. “It costs them a tremendous amount of money to hire on a full-time basis. Not only that, they could be working on a $7 billion drug that could end up being a bust or approval could be delayed, in which case, they would have to scale back.”

When these companies do have to hire on a full-time or direct hire basis, they tend to be very selective. As a result, Davidson is also noticing a growing demand for contract-to-direct services, which his firm can now provide. Contract-to-direct arrangements, often referred to as temp-to-hire, allow clients to try a candidate before they make a direct-hire commitment.

In addition, Davidson is finding that contract staffing is becoming more popular with certain groups of contractors, particularly retirees.

“Those in the later stages of their careers enjoy it,” he said. “There is a lot of flexibility. They don’t have the same financial pressures as younger workers, so contracting becomes more attractive later in their careers. When you tell them they have to take a few weeks off, they are like, ‘Great!’”

Had it not been for the request of a single client, Human Capital Resource may not have added contract staffing to its business model. Davidson credits contract staffing back-office provider Top Echelon Contracting (TEC) for enabling his firm to grant this and future contract staffing requests. TEC becomes the legal employer for the contractors Human Capital Resource places. As such, they handle all the financial, administrative, and legal details of the contract placements, including background checks, payroll funding and processing, tax withholdings and filings, legal contracts with clients and candidates, employee paperwork, Workers’ Compensation and Unemployment, contractor benefits, and invoicing and collections.

Davidson is now looking forward to doing more contract placements, particularly for the underserved smaller biotech and pharmaceutical companies.

“The client caught us by surprise,” Davidson said. “They wanted the candidate brought in as a contractor on a long-term assignment. We were not set up to do that, so I reached out to Top Echelon Contracting. I am totally impressed with the way they handled the whole process.”

Read the full story at http://www.prweb.com/releases/2013/8/prweb11015082.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. New drug prevents spread of human prostate cancer cells
2. Scientists solving the mystery of human consciousness
3. First targeted nanomedicine to enter human clinical studies
4. Edith Mitchell, M.D., FACP, named 2012 recipient of ASCO Humanitarian Award
5. Novel compound demonstrates anti-leukemic effect in zebrafish, shows promise for human treatment
6. 2 genetic deletions in human genome linked to the development of aggressive prostate cancer
7. IBN discovers human neural stem cells with tumor targeting ability
8. RANK protein promotes the initiation, progression and metastasis of human breast cancer
9. CNIO researchers describe new functions of cohesin relevant for human disease
10. New Clues to the Evolution of the Human Brain
11. Humanist funerals
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/17/2017)... ... ... Neil H. Greco Insurance Agency, a northern New Jersey firm that provides ... a charity drive to raise awareness of heart disease and promote habits that improve ... is responsible for 1 in every 4 deaths at the national level each year. ...
(Date:1/17/2017)... ... January 17, 2017 , ... Seceon ... cyber threats in real-time, today announced a strategic partnership with TechLab Security, ... Joining other Seceon partners, TechLab Security has become a strategic partner and a ...
(Date:1/17/2017)... Torrance, CA (PRWEB) , ... January 17, 2017 , ... Many people make New Year’s ... Dr. Robert Mondavi is making it easier for people who want to kick ... for both new and existing patients. , These special offers include: , ...
(Date:1/16/2017)... ... 2017 , ... Recently, patients and staff from A Forever Recovery, a holistic ... in support of the annual Binder Park Zoo Halloween celebration known as the “Zoo ... of all designs coming out to enjoy games, face painting, and lots and lots ...
(Date:1/16/2017)... Lake, Utah (PRWEB) , ... January 16, 2017 , ... ... (UAC) officially opened on January 8 for use by sports teams and the general ... full, indoor volleyball courts that can also be converted into basketball or pickleball courts. ...
Breaking Medicine News(10 mins):
(Date:1/17/2017)... Ind. , Jan. 17, 2017  Zimmer Biomet ... in musculoskeletal healthcare , today announced that ... on the strength of the Zimmer Biomet management ... Delp will assume the position of President, ... the Company. Mr. Delp previously served as Zimmer Biomet,s ...
(Date:1/17/2017)... Research and Markets has announced the addition ... their offering. ... The global laparotomy sponges market to grow at a CAGR of ... Sponges Market 2016-2020, has been prepared based on an in-depth market ... landscape and its growth prospects over the coming years. The report ...
(Date:1/17/2017)... 17, 2017  Maureen L. Mulvihill, President and ... of 6 senior sales leaders to support the ... sales leaders were formerly part of the top ... Repeatedly recognized for their performance, they have a ... establishing relationships with key customer constituencies. "I ...
Breaking Medicine Technology: