At the end of the year, companies often hire accounting temporary staff to help them close their books and prepare for the new year. This is because the end of the year is a busy time, when companies need to reconcile accounts, close out the books, and prepare financial statements. Accounting temporary staff can help with these tasks, allowing the company to focus on other areas. Additionally, hiring accounting temporary staff helps the company save money, as temporary staff are often cheaper than full-time staff. Temporary staff also provide flexibility to the company, as they can be hired and dismissed quickly. Finally, accounting temporary staff are often experienced and knowledgeable, and can provide valuable insight into the company’s financials. All in all, companies hire accounting temporary staff at year end to help them close the books and prepare for the new year in an efficient and cost-effective way.
Reason 1: Handle Increased Workload
Closing books
Preparing financial statements
Completing audits
Reason 2: Cover Employee Vacations
Many take time off at year end
Temps fill in so work still gets done
Reason 3: Bring in Specialized Skills
Tax accountants
Auditors
IFRS experts
Reason 4: Evaluate Potential Hires
Try before making permanent hires
Ensure good culture fit
Reason 5: Save on Costs
Avoid paying benefits
Only pay for time needed
Conclusion
Temp staff provide flexibility and skills
Critical at high-volume times like year end
Allows existing staff to take time off
Lets companies pilot new hires
Reduces HR costs
Call to Action
Consider hiring temps to ease year-end crunch