IT contracting in the US is challenging

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(No Transcript)
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IT contracting in the US is challenging Heres
how we solve it

• Are you a US-based business looking to bring in
  specialized skills and expertise For short-term
  projects? IT contracting may be the right
  solution for you. and its clearly evident by the
  current statistics.
• According to Statista, the IT contract staffing
  market in the United States is projected to reach
  over 50 billion by 2024.
• This growth is driven by the increasing demand
  for specialized skills and expertise in the tech
  industry, as well as the benefits that IT
  contracting offers to businesses, such as, you
  guessed it right, flexibility and
  cost-effectiveness. Its almost safe to say that
  IT contracting is the future!

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However, its not so shiny after all. Heres a
breakdown of the IT contracting process

• A business identifies IT skills requirements for
  a specific project or task.
• They contact a staffing agency/vendor to source a
  suitable IT contractor.
• The sources the candidates from the sub-vendors
  or from job portals.
• The agency handles certain administrative
  processes and contract negotiation.
• The IT contractor is hired by the business for a
  specific period of time to complete the project.
• Upon completion of the project, the business
  might rehire the IT contractor for further
  projects, or the business may choose to move on
  to another IT contractor.
• As you can see, while IT contracting can be a
  great solution for businesses, it comes with its
  own set of challenges because there are far too
  many touchpoints and middle-layer vendors waiting
  to take a cut from you.

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To sum up, below are the challenges in IT
contracting

• There can be a lot of back and forth in terms of
  alignment of the needs, subjective analysis of
  the candidate, background checks, and the actual
  interviewing process that might take ages to
  finish due to the misalignment of the
  prerequisites. Not to forget the commission cuts
  that lead to an almost 56 increase in the cost
  of hiring.
• Other challenges in hiring IT contractors include
  the shortage of skilled workers. According to a
  report by CompTIA, theres a shortage of over
  half a million cybersecurity professionals in the
  United States alone. This shortage can make it
  difficult for businesses to find the right
  contractor with the necessary skills.

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• Another challenge that businesses may face when
  hiring IT contractors is the lack of job
  transparency. It can be difficult to know what to
  expect from a contractor, or to find a contractor
  who aligns with a businesss specific project
  needs.
• Businesses may also face challenges when it comes
  to managing and monitoring the work of IT
  contractors. It can be difficult to ensure that
  contractors are meeting project timelines and
  deliverables and to provide regular feedback and
  communication throughout the project.

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Benefits of IT contracting in the USA and how
can FlexCub assist
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Flexibility

• One of the biggest advantages of IT contracting
  is the flexibility it offers.
• As a business, you have the ability to choose the
  contractors you work with, and can often
  negotiate their schedule and rates to align with
  your specific project needs.
• Just in case, in the middle of the project you
  realize that the hired IT contractor is not the
  right fit, you can easily switch to a different
  IT contractor who can take over without
  disrupting your project.
• FlexCub helps you improve workforce flexibility
  by 56.

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More Variety

• Plus, IT contracting can provide access to new
  opportunities and experiences, as youll have the
  chance to work with a variety of talent and
  technologies.
• A product business can expand its offerings to
  services as well, with the new hire who displays
  a varied skill set opening new business arenas to
  explore.

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Higher Productivity

• With clear communication and expectations set
  from the beginning, all the focus is on ensuring
  smooth deliveries of projects while adhering to
  project timelines.
• This boosts productivity and efficiency by
  multifold. Imagine a software company finishing a
  project well within budget and on time.
• Itll be a huge save on the business front also
  making room for client appreciation and newer
  projects. Higher productivity means more business
  with FlexCub, companies experience a 47 growth
  in business with improved productivity.

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Easier Finance Management

• When an easy-to-use platform is used, you can
  stay organized and seamlessly keep track of the
  contractors finances such as expenses and
  invoices.
• A seamless in-budget hiring process well within
  the stipulated time is some real cost savings for
  any business.
• To reap the above benefits of IT contracting,
  businesses can use platforms like FlexCub to find
  the right contractor, with the right skills, at
  the right time. FlexCub offers IT contract
  staffing and IT staffing services to help
  businesses find the perfect contractor to align
  with their project needs. Additionally, clear
  communication and expectations, as well as
  regular monitoring and feedback can ensure that a
  project runs smoothly.
• Its safe to say that FlexCub is
  the only platform that brings job transparency
  for IT contract employment in the US.

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Expert tips for IT contracting business
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Clearly define the job requirements

• Before posting a job on a platform like FlexCub,
  make sure to clearly define the skills,
  experience, and qualifications required for the
  role.

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Utilize the platforms features

• The IT contracting platform offers a range of
  features to help you find, hire, and manage
  contractors. Utilize these tools to streamline
  your hiring process and save time.

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Be transparent

• FlexCub is a transparent platform that allows
  businesses to connect directly with consulting
  firms. Use this to your advantage by being
  transparent about your companys needs and
  expectations.

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Maintain open communication

• Good communication is key to a successful
  contract. Keep in touch with your contractors and
  ensure that they understand the expectations and
  goals of the project.

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Be open to new opportunities

• FlexCub provides access to a wide range of
  skilled contractors. Be open to new opportunities
  and consider candidates from different
  backgrounds and experiences.
• By following these expert tips, businesses can
  make the most out of the FlexCub platform, and
  find the right IT contractor for the job with
  transparency and efficiency.