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Permanent staffing versus contracting should be compared in the following four areas:
- Financial Cost: What are the dollar cost differences?
- Knowledge Retention Implications: What are the implications for knowledge retention? Will knowledge leave with the contractor or remain with the permanent staff?
- Commitment and Motivation Impact: Will the permanent-versus-contract decision likely affect the commitment or motivation to the role and overall company success?
- Flexibility of Changes: Is staffing-level flexibility required and/or beneficial?
This tool provides a comparative checklist for conducting an assessment of FTE versus contract staff