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Direct Sourcing
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Despite dire recession warnings from economists, the US market currently has more job openings than labor to fill them. This doesn’t mean firms aren’t laying off talent, doing more with less, or considering scaling back on hiring. At this time, when the economy’s direction is up in the air and uncertainty prevails in the market,…
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Independent contractors are an important part of the talent pool for many enterprises today. MBO’s latest research finds that there are 64.6 million independent workers in 2022, a 26% increase from 2021. Professionals are making the leap from full-time employment to independence for several reasons, ranging from control of their schedule and career to increased flexibility.   …
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Direct sourcing improves the ability of firms to find and engage contingent workers with the skills they need by: Creating a curated talent pool with contingent workers.  Quickly accessing independent professionals with the skills you need.  Re-engaging contingent labor, which increases work quality, decreases time to fill roles, and improves the culture fit with the…
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Though contingent labor has always been part of the workforce to some extent, the Great Realization has spurred the engagement of contractors in larger numbers and in roles that were previously considered employee-only. In some cases, critical skills are only available from independent professionals, causing companies to turn to blended workforce models. As a result,…
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More than ever before, enterprises today need to be able to move quickly and effectively to adapt to changing businesses needs and disruptions. Building a workforce composed of a mix of full-time and contingent talent is one of the top ways savvy businesses are achieving workforce agility. Agile enterprises are better positioned to adapt to…
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Traditional hiring models are quickly becoming a way of the past, and many companies are implementing direct sourcing strategies because of their many benefits. This strategy takes the form of sourcing from today’s valuable talent pool of self-employed professionals. The idea behind these talent management solutions is to move recruiter functions in-house to enable enterprise managers…
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Direct sourcing allows companies to match highly-skilled candidates with open project opportunities using their own internal resources, bypassing the use of third-party staffing agencies or consulting firms to perform recruiting functions. Many businesses today are using direct sourcing to find and engage independent talent because it provides the flexibility that companies require to be more…
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Your next top-performing worker may be an independent contractor, perhaps on the other side of the world. Building a network of independent talent is a key component for success in today’s market. Remote work options, including digital nomads, have expanded the pool of available independent professionals with the expertise and knowledge needed for virtually any…
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GUIDE | 15 MIN READ
Key factors to consider when incorporating direct sourcing into a contingent talent strategy
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When you set up a direct sourcing program, it is important to have buy-in from all relevant parts of your organization in order to ensure that the program and processes are followed. Direct sourcing can have a positive impact on your organization as it allows enterprise managers to source talent internally using their own resources…
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