If you're hiring or thinking about hiring, you're likely going through the motions of deciding whether your requirement is contract, perm or fixed term.

Each option presents advantages and disadvantages. But there is one option that definitively puts you on the back foot. That being, fixed term.

In our recent talent survey, only 3% of the project services community said that they would consider a fixed term contract. The reason, for the most part, is that a fixed term arrangement offers neither the security of a perm role, nor the financial advantage of a day rate contract. In essence, it's the worst of both worlds.

By going to the market with a fixed term role, you are narrowing the pool of available talent down to 3%, which, in this market, makes it incredibly difficult for you.

Of course, you might not always have unlimited budget or even the headcount to hire someone on a day rate or perm basis. So, what should you do? There is no simple solution. We discuss your options today with our guest, Jill Ryder, Founder of Precision Sourcing.

This podcast is in partnership with The Black Dog Institute who aim to create a mentally healthier world for everyone. If you wish to support the cause please donate via the link here

Host: Kris Coulthard and Craig Sibley 

Guest: Jill Ryder

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Production and Artwork: Andriana Grbevska