Fixed term labour contracts for executive positions are growing in Brazil. According to a survey developed by Page Interim, from 2014 to 2015 there was a rise of +7.5% in the number of temporary contracts among these professionals. And an even higher rise is expected for 2016.

The growth is partially explained due to the fact that the crisis has expelled from the market a great deal of qualified professionals, who started considering temporary opportunities to remain active. In addition, the prejudice against temporary projects is diminishing.

Companies also value this type of contracts, as the context makes it difficult for them to establish long term employment arrangements.

And the results for both parties are positive. Around 77% of Brazilian professionals that have taken part of temporary projects consider them as positive experiences. There are several extremely interesting roles and projects that grant added value to these professionals.

The occupations with greatest opportunities are those in the finance, administration, commercial and logistics industries. Another promising industry is technology.

A key element when recruiting professionals for temporary projects is experience. Around 82% of the professionals hired have at least 5 years of working experience, and 95% are older than 30 years old. Given the fact that projects are temporary, companies expect professionals to start playing their roles right away, with short periods of adaptation.

According to local experts, this phenomenon will continue to rise as the Brazilian market has good growth potential for temporary executive assignments.

“It is very interesting what is going on with markets such as the Brazilian, were experience is being valued in temporary assignments or projects”, explained Martin Padulla, MD and founder of staffingamericalatina.

“The aging of society and knowledge economy have contributed to visualise the importance of having qualified resources that quickly adapt to the needs of businesses”, added Padulla.

“The fact that Brazil is making the most of its qualified human capital in a flexible way in order to emerge from the crisis is invigorating” concluded Padulla.

 Source: Staffing Industry Analysts