Mortgage Financial needs to recruit 10 employees for a period of three months to assist its team of underwriters during the busy season. The company does not want to provide these 10 employees regular full-time or part-time status. As the HR manager, what would you suggest the company do in this situation?

Question

Quizplus · Accepted Answer

Using contingent employees, such as temporary workers or independent contractors, would be the best option in this situation as they can be hired for specific tasks or projects without the company taking on the full-time or part-time financial burden. It also allows for flexibility in terms of staffing levels during busy or slow periods. A retention plan would be more appropriate for retaining regular employees, outsourcing may not be cost-effective, increasing staff workload could lead to burnout and decreased productivity, and doing nothing would likely result in understaffing during busy periods.

Mortgage Financial Needs to Recruit 10 Employees for a Period