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Fill in the Gaps in Your Organization - How to Hire Temp and Contractors?
This webinar is focused on contracting solutions in various industries and how it can help your firm in different ways.

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Benefits of hiring contractors

Fast impact

Contractors can hit the ground running and provide immediate solutions.

Short notice periods

Working on an urgent project? A contractor can start as soon as tomorrow.

Financial savings

Hiring contractors is cost effective and friendly to your bottom line in the long run.

Trial new persons

You can trial a potential permanent hire without making long-term commitments.

FAQsWhat you need to know about hiring contractors

Contractors add value to your business without incurring substantial risks or headcount-related costs and issues. They can be hired to cover permanent staffers’ holidays, parental leave, urgent projects, as well as an extra pair of hands during busy periods. Furthermore, they help to maintain day-to-day tasks while you recruit for a permanent role.

The base compensation for hiring contractors might look more substantial when compared to a permanent role, but there are other factors to take into consideration, such as taxes, employee benefits and insurance. Since companies are not obliged to pay contractors any of the above, it is thus a more cost effective strategy.

Furthermore, when you hire contractors through Michael Page, there is a chance for further cost savings. As part of our contracting process, a single invoice is needed to cover basic salary, cost of employee benefits, insurance, visa application, MPF, reference checks and taxes — and less administrative paperwork means less bottom line.

Finally, Michael Page is also one of the few recruitment agencies that offers Skillstream, a work management software that provides paperless options for payroll , attendance and timesheets, for our clients. Transparency and efficiency aside, Skillstream’s paperless option adds to the potential cost savings in the long run.

We keep track of the candidate via Skillstream, an online timesheet portal and dedicated payroll service. That way, our contractors are always paid accurately and timely on a monthly basis.

There are several disadvantages that employers should know about. For one, contractors are typically hired for short-term work, which means that integrating company culture might be more challenging; secondly, contractors typically request a higher salary due to a contract-based employment; finally, since contracts tend to include a stipulated end date, it is sometimes harder to retain a contractor’s services in the long run.

We are a one-stop-shop - with the ability to find multiple professionals across a variety of specialisations quickly. Our Contracting Solutions cover many disciplines including Financial Services, Finance, Technology, Human Resources, Legal and Sales and Marketing.

We are digitalised - using the online timesheet platform Skillstream, we are able to manage timesheets, annual leave, bonuses and other payroll records efficiently. It also allows us to streamline the entire back office process and provides online reports for compliance and audit.

We have time for you - our dedicated Hong Kong customer service and support team helps both contractors and organisations with any enquiries.

Michael Page is part of PageGroup, a global leader in recruitment with 141 offices in 36 countries. Whether you’re seeking experts for project work or professionals to cover busy periods, our specialist consultants will source the best talent. Our pool of contract talent is highly skilled and ready to start work in your business at short notice. In some cases, we can even offer same-day turnarounds. Our consultants manage the entire recruitment process, so that you can focus on the day-to-day running of your business.

Due to recent economic uncertainty in Hong Kong, more companies are restructuring their operations. As such, they are opting to hire contractors instead of permanent candidates. Companies are also pushing for digitisation and modernisation, which in turn means that they will likely be hiring for more project-based contractors to facilitate these transformations.

Joshua Wrafter
Managing Director

Angela Chan
Director

Hear from the experts about contracting in Hong Kong

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