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Workforce Trends
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More and more, workers are leaving corporate America by choice. Rather than becoming independent due to job layoffs or other events, they choose independence for their lifestyles and life goals. It’s an intentional choice, and the number of people making it is accelerating. Company leaders across all business sectors are recognizing the need to shift…
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In the last few years, a health pandemic, supply chain challenges, geopolitical risks, inflation, and social unrest disrupted our economy in ways we had not felt in nearly a century. In a business sense, these disruptions do not drive destruction, they drive innovation. To adapt to this environment, businesses need to adopt a dynamic approach. …
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Business books can be a great source of inspiration or much-needed guidance. Whether you’re just starting your independent career or you’re an experienced consultant, there is always something to learn. As you progress through this year, keep a book on hand for when you need to take a break, or tune into a podcast on…
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Have you ever dreamed of working from an exotic location in another country? Perhaps a sunny beach in Bali, the colorful streets of Portugal, or the skyscraping-city of Dubai. For many, this dream is a reality. From 2019 to 2022, the American workforce has seen a 131% increase in digital nomad growth. Digital Nomad Defined…
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While it’s been something of an open secret among independents that their work-style choice fosters the achievement of life goals, there is now empirical evidence that supports this. The events of the past few years have prompted many people to reexamine work in relation to other areas of their lives. As a result, the quest…
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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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