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Direct Sourcing
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Achieving the business benefits of an effective direct sourcing program requires some adjustments within the enterprise in terms of how it relates to independent professionals. As this portion of the workforce continues to grow, its members—independent business owners as well as independent talent—are interested in more than pay rates. They want to grow their businesses,…
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While we may not as far as to call it a “war,” there is certainly very strong competition for talent across all industry sectors. Part of the driving force behind the optimized workforce—a blend of full-time and independent talent—is the need to access high-value and trusted skill sets on an ongoing, but not full-time, basis….
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The benefits of a direct sourcing program to engage independent professionals can be compelling for an enterprise. Among the pluses, the ability to engage contractors without going through a third party can save costs and improve talent quality. Maintenance of a talent network of independent professionals can improve the re-engagement of high-value talent and minimize…
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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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