Contractors ...
My company is a one-airplane, two-pilot operation ... both of us are full-time, salaried. We use contract pilots for SICs if one of us is unavailable (sick, vacation, etc.), but will always have one of us that are company guys on board ... two contract pilots would not be flying our airplane at any time. If both of us are gone at the same time (i.e. recurrent) the bosses know the airplane stays parked. Our passengers wouldn't be comfortable without one of us there, in any case!
I agree that over-reliance on contract pilots is the sign of a cheap organization. I for one am lucky to work for a corporate department that doesn't argue our bills for maintenance or recurrent!
Tailwinds, y'all ...
R