What are the Cost Benefits of Hiring a Quant Consultant/Freelancer?

Not sure whether to hire a consultant/freelancer for your next quantitative finance or mathematical engineering project? Have you considered the extra costs of a permanent employee?

Recruitment costs
Onboarding costs
Superannuation
Training
Bonuses
Insurance
Relocation packages
Support costs like HR and management layers
Having to retain the employee during workload dips and dependency blockers
Redundancy payouts
Sick leave
Payroll tax
Paid holidays
Office space
IT equipment
Maternity leave
Long service leave

What if you could hire a quant say, 20% of full time, or as-needed on a project basis? And why limit yourself to only local expertise?

Talk to Genius Mathematics Consultants about a flexible, 21st century approach to meeting your quantitative finance and mathematical engineering resourcing requirements.