Short-term contracts have dangers and may not even save money

What can an employer do if he wants to hire more people but cannot add more permanent staff to the payroll, because of a freeze on new hires?

One option is to hire contractors rather than full-time permanent employees, a switch that is becoming more and more popular in the Hong Kong banking world.

via Business feed http://www.scmp.com/business/article/1137272/short-term-contracts-have-dangers-and-may-not-even-save-money