This page is designed to show a comparison of full-time employment compared with temporary or contracted support.
Value for money and flexibility are critical considerations in business today. While external support is often perceived as more expensive than hiring full-time staff, this is not necessarily the case. Unless you are absolutely certain of the exact skills and personality fit your business requires, bringing in external expertise can often deliver greater efficiency and cost-effectiveness as you are bringing in an experience base that you just can't get for similar spend.
Full Time Cost
£35,000 Salary Example – Year 1 Cost Breakdown
Base Salary: £35,000
Employer National Insurance (NI): £4,500
Employer Pension Contribution (5%): £1,750
Performance Bonus (5%): £1,750
Recruitment Fee (18%): £6,300
Total Year 1 Employer Cost: £49,300
(Inclusive of 4 weeks annual leave and statutory bank holidays)
Full Time
A strong employee is always a valuable asset. However, when a business is looking to branch out, expand, or scale, getting the right structure in place can be challenging. Many employers continue to retain staff not necessarily because they are the best fit, but because of the significant cost and complexity involved in replacing them.
Third Party Cost
From £350 Day Rate Example – Year 1 Cost Breakdown
Day Rate: from £350 assignment dependant
Engagement: 3 days per week over 47 weeks
Annual Cost Calculation: £350 × 3 × 47 = £49,350
Key Advantages:
- No additional cost for holidays or bank holidays
- Flexible arrangement – can be terminated at short notice if performance expectations are not met
Third Party
These skilled professionals provide:
- Flexibility
- Advanced expertise and knowledge
- Immediate capability with no upskilling required
- Rapid onboarding
Commercial Benefits:
- Depending on requirements Rates can be negotiated by Project
- Payment only for the days worked
- No agency fees when engaged directly