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Contractors are more expensive than full-time staffers...or are they? When deciding whether to bring in either a contract worker or FTE (full-time equivalent), focus on conducting a careful cost-benefit analysis.  This tool will help you make this decision by assessing:

  • Financial cost.
  • Knowledge retention implications.
  • Commitment and motivation impact.
  • Flexibility for change.

Often, project size and complexity require organizations to consider multiple options when determining team composition. Make the smartest choice by comparing a range of implications associated with staffing options.

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Search Code: 48647
Published: October 26, 2011
Last Revised: October 26, 2011

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