Contract Employees Regularisation
Contract Employees Regularisation – A Step Towards Fair Labor Practices
For many years, contract employment has been a common practice in many industries worldwide. It has been favored by companies for its flexibility, allowing them to hire workers on a need basis without the long-term commitment of employing full-time staff. However, this type of employment has its drawbacks, particularly for the workers who get employed under these contracts.
Often, contract employees are left with little job security, limited benefits, and lower wages compared to their full-time counterparts. Unfortunately, this scenario has become even more apparent with the COVID-19 pandemic`s outbreak, highlighting how vulnerable contract employees are to economic shocks.
This situation has brought up the need for fair labor practices, particularly in terms of contract employees` regularisation. This means converting these employees to permanent positions, offering them full-time benefits and job security. The following are some of the benefits of regularising contract employees:
1. Job Security
Contract employees are often left in limbo and uncertainty, never knowing when their contracts will come to an end. This makes it hard for them to plan for the future and live sustainably. Regularizing these employees offers them job security, knowing that they have a permanent position and can depend on a steady income.
2. Better Benefits
Contract employees often do not receive the same benefits as full-time employees, such as health insurance, pension plans, and paid time off. Contract employees that get regularized receive these benefits, allowing them to take care of themselves and their families better.
3. Higher Wages
Contract employees typically get paid lower wages than full-time employees. But regularisation improves their wages to match those of their full-time counterparts. As the cost of living increases, paying contract employees a fair wage could mean the difference between living paycheck-to-paycheck and living comfortably.
4. Improved Worker Productivity
Contract employees often feel disconnected from the company because of their temporary status. Regularisation helps bridge this gap, making the employees feel like they`re part of a team. This sense of belonging increases their productivity, making them more invested in the company`s success.
5. Reduced Recruitment Costs
Regularising contract employees reduces recruitment costs for companies, as they no longer need to hire and train new employees continuously. This reduces turnover rates, which also saves the company money in the long run.
In conclusion, regularizing contract employees is an essential step towards improving labor practices. It helps companies retain the best talents by offering job security, better benefits, higher wages, improved worker productivity, and reduced recruitment costs. This practice also promotes fairness, diversity, and inclusion in the workplace. Companies must start considering the benefits of regularising contract employees and make the move towards fair labor practices.
