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Workforce Trends
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The independent professionals are highly skilled experts who can fill project roles on-demand. These individuals tend to work on medium-to long-term projects in a specific field of expertise. By understanding the behaviors and values of independents, enterprises become more attractive to top talent and are better able to retain the workers they want for…
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The future of work is far from set. New models are nascent as the business landscape changes. Players in some industries (for example, the federal space) have consolidated, while other industries are achieving significant growth through acquisition (e.g., healthcare, technology) and new entrants (e.g., technology). We don’t know yet how these actions will ultimately affect…
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In common with employee talent, artificial intelligence (AI) can significantly impact independent talent—from sourcing contractors through engagement and onboarding. AI tools can effectively source prospective independent professionals, assess them without bias, and onboard them efficiently. With more and more companies drawing on contingent labor to build optimized or blended workforces, such tools can be beneficial…
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Digital nomadism, the “have internet, will travel” work style that was once only a dream for many people, is becoming part of the mainstream. Our research has revealed that the population of American workers self-describing as digital nomads has steadily risen, from 7.3 million in 2019 to a whopping 16.9 million in 2022. This is…
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Digital nomads—workers who embrace a location-independent, technology-enabled lifestyle that allows them to travel and work remotely—have increased significantly in number over the past few years. Our latest research found that 15.5 million American workers describe themselves as digital nomads, a 42% increase from 2020 and 112% increase from 2019. Digital Nomads Defined While it’s hard…
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The ancient Romans taught us that “repetition is the mother of learning.” They knew the best way to learn was to hear, read, or do something over and over again. Everyone understands that practice is necessary to learn a sport, an instrument, a language, or a skill. Without repetition, a person is bound to be…
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The US is one of the most rapidly changing labor markets – and unless you are actively hunting for a new job, you may not know much about it. Although we now live in a world where information is instantly available, we can sometimes miss the overall trends because we are constantly being informed of…
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Open innovation, or the use of external participants to help a company solve core problems, or challenges, has grown in popularity in recent years. While organizations do not specifically rely on one generation or another to solve challenges when using open innovation, often also referred to as “crowdsourcing,” platforms supporting this type of work most…
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Remote working has become commonplace for many organizations today. While typical remote workers tend to stay in one geographic area, another group of professionals seek even greater flexibility. Digital nomads are workers who embrace a location-independent, technology-enabled lifestyle that allows them to travel and work remotely. Our latest research found that 16.9 million American workers…
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Recent increase in tech layoffs and hiring freezes paint an interesting—yet somewhat inaccurate—picture of the current workforce environment. High-profile companies including Netflix, MasterClass, Tesla, Twitter and more have slowed down hiring and laid off thousands of employees due to fears of a recession, rising inflation, tightening of budgets, and big swings in the crypto currency market, among…
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