You have probably seen that in amongst the permanent recruitment that we do, we always have lots of temporary positions advertised at Sewell Wallis too.
Businesses recruit on a temporary basis for an array of reasons; it could be that they have a member of the team away on annual leave, perhaps someone is away from the business due to illness, or it could be that they are looking for someone to join on a temporary basis initially with the view to go permanent (a bit like a probationary period). Given the urgency of roles like this, businesses often aren’t able to wait for those who have to give their current employer notice periods so they are eager to see or consider people who are immediately available or on one, or sometimes two, week notice periods, to ensure that they can start ASAP.
There are many reasons why people are immediately available or are on shorter notice periods. Here are a few examples;
Unfortunately, they may have been made redundant or facing redundancy
They could have just finished a temporary assignment or a longer term contract
They could be working towards the end of a contract and the employer are happy for them to leave earlier than planned
Due to relocation
Returning back to work from maternity leave
Upon completion of full-time or part-time study which enables them to now look at employment
They could have recently overcome an illness, so they will now be able to commit to full-time or part-time work
Working on a zero hours contract with no notice period
Returning back home from travelling
The majority of people are looking for a permanent position but for those who are on shorter notice periods or are immediately available, there are so many benefits that come with having a temp job in finance, some of which we have listed below.
If you are looking for exposure to new companies and you want to boost your skillset, a temp job could be just what you’re looking for!
Top reasons to choose a temp job in Finance
You get the opportunity to gain exposure to working in different companies and sectors
One of the main benefits of temping is the opportunity to work with a range of different companies, teams and organisations. This will give you a lot of invaluable experience that can only be gained from working in a range of environments and workplaces. Plus, it gives you the chance to add a lot of impressive things to your CV. It’s also likely that you will make industry connections, which could help you to secure a permanent position at a later date.
For those who aren’t particularly sure what industry they want to work in or what area of finance they want to work towards, it’s also a great option to give yourself clarity on what it is that you want to do in the long term.
For example, one of our temps told us:
“I felt as if I was part of the team and was sad to leave when my contract ended but I was always looking for temp work as it fits in with my lifestyle and adds to my skillset. I also get to meet people from all walks of life and get to experience things that I would not normally do.”
You may be paid weekly
The majority of temp workers are paid weekly, which means that you won’t have to wait quite as long to enjoy a cash boost on payday. Temp jobs often have a higher wage, as companies need to fill the roles quickly and they want to secure the best temp workers out there. If you work on an hourly rate basis through us, we also give you the opportunity on when and how you would like your holiday pay to be paid – you can choose to have it distributed in your pay each week, or you can save it up for if you have any annual leave planned!
Temping can help to keep your experience up-to-date after some time out
If you are returning to work after a time out of the workplace, a temp role could be the ideal way to get yourself back into the swing of things! It will also help to secure a permanent role in the near future if that is something that you want to work towards – the recent experience will be taken into account when up against other experienced candidates during the application and interview process.
As one temp worker said:
"On a number of occasions I have turned to contract or temporary placements; several times following redundancy. This type of contract can be a bridge between permanent roles, yet it is so much more than that. Contract roles provide interesting insights into different processes, systems and methods, allowing you to add, suggest or deploy that knowledge in future roles. Contract work can also be a route to permanent positions, it doesn't have to be a specified temp to Perm role, a company sometimes sees what you can do, almost an extended interview if you want, then they don't want to lose you. I have benefitted from that in the past. Companies can be in real need when going down the contract route, I have found they are invariably pleased to have you on board, which makes the experience more relaxed. On her part, Chloe is very easy to communicate with, and assured with her connection to the candidate and employer, I found the introduction and arrangements a straightforward smooth process for a short-term contract."
There can be a lot of flexibility
Quite often, our clients are willing to provide further flexibility for temporary workers in relation to start/finish times, hybrid working and hours per week, as they appreciate that many positions require start date that is short notice and often ASAP. The flexibility allows the role to work for both parties and is given as a thank you to the candidate for helping them out!
Also, for many short-term temporary roles, our clients are often happy for candidates to finish earlier/start later to allow them to attend interviews for more longer term roles. If you’re currently unemployed, then short-term temporary assignments are the perfect thing to consider as you not only get the flexibility, but you are able to gain great experience – potentially in a new sector or area of finance that you haven’t worked before – in the meantime!
Try out a new position
If you are thinking about changing direction withing finance, a temp job is a great way to get an idea of what your new long-term job could look like. It’s a great way to get a feel for a role, before deciding to take the plunge with a permanent contract. There’s always the opportunity to move on quickly from one temp job to another given the market, so you can sample a range of different finance roles, before deciding on the right career path for you.
As one temp worker explained:
"I just want to use this opportunity to thank you for helping me secure my new role. I feel very fortunate to have come across you as you made the whole process so much easier and guided me through my interviews. I am glad that I took your advice to take the temp to a permanent role, which has been a great benefit to me. I have been able to settle down and learn a lot with an amazing team here.”
If you’re new to the area
If you have recently moved to the area, a temp job is not only a great way to bridge the gap from working in one place and then moving to another, but it also enables you to travel around various locations that are local to where you live, so you will familiarise yourself with your surroundings in no time! Relocating to a new area or country can be very daunting, so to get to know the area through work is a great way to make you feel more comfortable. The team that you work with will also be able to give you lots of guidance and help.
Again, temping when you relocate somewhere is also a great way to get a feel for local businesses so that you can find the right environment for you before committing to a permanent post.
You simply just love to meet new people and learn new things!
As previously mentioned, completely temporary contracts and assignments is such a great way to meet new people, gain exposure to new sectors and to learn different ways of working.
No finance team is the same, so to gain experience in multiple businesses will give you invaluable experience. We have many people who I have worked with since starting in recruitment over 7 years’ ago who have temped for me ever since and continue to do so, purely because they enjoy taking breaks and holidays when suits them, they enjoy meeting new people and they love the feeling of helping people out who are in need.
Myself and Chloe Wilford specialise in temporary support here and manage all roles of this nature – be it temporary, contract or temp to perm – within transactional finance, including transactional management roles. We are also here to support those with no or little finance experience such as new graduates or those starting their finance career, and would love to help find you your perfect role to give you an insight into the sector.
Whether you’re a candidate who is consider temporary support and you are wanting to learn more, or you are looking for temporary support within your team, please do reach out to us. We are more than happy to help!
“As my working needs changed, I set to the internet to begin the daunting task of looking for a new role. I found a role that was perfect for me and sent in my CV. I called Sewell Wallis straight away and told them I was keen to speak to someone direct about the role. I was put in touch with Kristen, she was so helpful and very efficient in getting me in front of the right people for the role. I got the job, and Kristen and her team couldn't have been more helpful and kind, checking in on me, wishing me luck and making me feel supported. The whole process of getting set up with the agency was quick, simple and easy, some light form filling and we were all away. Completing my time sheets is so easy and deadlines for pay are clear and concise. If I have any questions Kristen and her team answer emails very quickly and always there to take my calls. I would highly recommend it!"
“In my 25 years + of being a candidate and a senior manager recruiting I've never felt the need to write a recommendation for a recruitment consultant before but I was blown away with Chloe's professionalism. Chloe really took the time to get to know me and what I was looking for in a role and was able to match me with a wonderful position which not only ticked all the boxes I was looking for from an experience/skills fit, but made sure the organisation and I were a cultural fit.
She was in regular contact with me even if only to say she was still awaiting an update from the organisation, going the extra mile all the way. Chloe is a breath of fresh air in understanding the needs of the clients remit and that of the candidates, I genuinely cannot recommend her highly enough.”