Show me the money!

A variety of industry studies, blogs and analysts** predict that the contingent workforce (i.e. – staff augmentation) will comprise more than 50% of employees added in 2010. This surge is viewed as an indicator that the recession is moving toward recovery and companies are investing in IT outsourcing solutions to garner quick access to specialized and up-to-date skill sets. However, skeptics remain regarding the use and associated cost of technical staff augmentation services. This guide examines the true cost of hiring and/or “benching” IT staff as compared to engaging in technical staff augmentation services.

It is estimated that the true cost of a new-hire ranges from 1.5 to 3 times the salary for a fully burdened employee. Aside from the fixed costs associated with hiring, there are also discretionary costs…

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