Comparing Staffing Options: Permanent vs. Contract

After identifying the need for a new hire and the cost of doing so, a formal or informal business case should be completed to document and articulate the justification for hiring. The new hire business case will help to make a more informed hiring decision and a method for communicating the expected costs and benefits of doing so. Additionally, there is an opportunity here to consider the alternatives to hiring (such as more training or bringing in a contractor) and determine the best course of action.