Is anyone else seeing more contractor roles and fewer FTE roles in their job search? At my company, it seems like we’re replacing FTE with contractors. Anyone have ideas on why this would be? Is it cheaper to hire contractors even when they typically have a much higher hourly cost?

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Yes, I’m seeing that too. My guess is companies like contractors because they’re easier to flex up or down without committing to benefits, severance, headcount approvals, or long-term payroll costs. The hourly rate may be higher, but from the company’s perspective it can still feel “cheaper” or lower risk if they’re uncertain about budgets.

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Great point! Didn’t think of it this way.

Hmm - I haven’t seen that personally. Probably so that they are not on the hook for a long-term commitment.

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That’s what I’m thinking too

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