What are Temporary Employees?
Temporary employees, also known as temps, are workers hired by firms for a limited period, as opposed to permanent employees, who are regularly employed for a long term. Temps are brought on to manage fluctuating workloads, fill in for absent employees, or provide skills that the company lacks. Common temps are independent contractors, freelancers hired for specific projects, seasonal workers for busy periods, and staffing agency hires. They also do not receive benefits like health insurance, paid time off, or retirement contributions. The lack of job stability and benefits can be disadvantages, but temporary work allows flexibility and variety for the workers. Temporary employees are responsible for their taxes, including self-employment taxes for freelancers. In exchange for giving up job security and benefits, temporary workers gain short-term versatility in their assignments.
Geeky Takeaways:
- Temporary employees, also known as temps, are hired by firms for a limited period, unlike permanent employees, who are employed for the long term.
- Common temps include independent contractors, freelancers hired for specific projects, seasonal workers for busy periods, and staffing agency hires.
- They do not receive perks like health insurance, paid time off, or retirement contributions.
Table of Content
- Why do Companies Hire Temporary Employees?
- Benefits of being a Temporary Employee
- Traits of Temporary Jobs
- Advantages of Hiring a Temporary Employee
- Disadvantages of Hiring a Temporary Employee
- Where to find Temporary Employees?
- How long can you employ a Temporary Employee?
- How many Hours can a Temporary Employee Work?
- Frequently Asked Questions (FAQs)