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:8/16/2017)... Angeles, California (PRWEB) , ... August 16, 2017 , ... An August 3rd article ... that was the subject of a report in JAMA (the Journal of the American Medical ... above 50 were able to achieve BMIs under 30, when compared to patients with lower ...
(Date:8/16/2017)... FL (PRWEB) , ... August 16, 2017 , ... ... standardized product data and images announced today that it was acquired by Advantage ... Industry’s solution for product information. IX-ONE’s members include the industry’s leading suppliers, brokers, ...
(Date:8/16/2017)... ... August 16, 2017 , ... In 1987, ... celebrate 30 years in business this year, and they’re marking the milestone by ... to serve their patients. , It stands to reason that, given the ...
(Date:8/16/2017)... ... August 16, 2017 , ... Modern Consulting Insurance & ... program. Partnering once again with Boys & Girls Clubs of Greater Kansas City, ... area’s very own American Idol. With all proceeds benefitting local worthy causes, donations ...
(Date:8/16/2017)... ... August 16, 2017 , ... Paul Vitenas, MD, FACS ... 2017 Top Doctor. The annual list identifies the nation’s top physicians, in a variety ... made it to the top of Castle Connolly’s coveted ranking. , Castle Connolly is ...
Breaking Medicine News(10 mins):
(Date:8/14/2017)... HACKENSACK, N.J. and PETACH TIKVAH, ... Therapeutics Inc. (NASDAQ: BCLI), a leading developer of adult ... for the second quarter ending June 30, 2017. ... advanced stages of preparing for our pivotal Phase 3 ... Chaim Lebovits , President and Chief Executive Officer ...
(Date:8/7/2017)... Md. , Aug. 7, 2017 ... healthcare member acquisition, retention, and engagement, announced the ... of Strategy and Product Development, effective as of ... consulting and technology implementation strategy for our clients. ... of experience in consulting and business analytics within ...
(Date:8/4/2017)... -- The search for test results that can be ... long been the goal of healthcare providers and the ... largest meeting of lab professionals and IVD firms this ... Kalorama Information.  The firm said scores of companies with ... and software were at the American Association for Clinical ...
Breaking Medicine Technology: