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.