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Workforce Management
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Engaging an independent contractor is a very different process from hiring a full-time employee. In general, full-time employees are the best option for ongoing business needs that are a core competency of your company. Independent contractors, on the other hand, offer flexible options for project-based work, or when you need to bring on specialized expertise…
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AI is steadily permeating all aspects of enterprise operations. Workers are already using the technology, mainly in the form of generative AI, to increase productivity and improve output. More comprehensively, companies across industries are reengineering processes to incorporate AI. For example: Banks are transforming financial advisory services Insurance companies are automating auto and home claims…
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Managing independent contractors can be a tricky zone to navigate. You have to find a balance between giving them the support and feedback you need while maintaining a client-contractor relationship for compliance purposes. Unless it is specified in a contract, independent contractors have the right to choose when, where, and how they work. Over-supervising or…
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AI will revolutionize how we live and work. It’s the next technology transformation, with potential that we cannot fully see or understand at this time. While today we apply it to existing ways of doing things, it won’t be long before we apply it to completely new things we haven’t yet thought of. No matter…
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Enterprises recognize that including independent professionals in the workforce is imperative. As demand for their services increases, independents have more project options and more choice of clients. How can a company ensure that it is attractive to high-value independent talent? I went to an expert for answers to this question. Emily Stringer is a Program…
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“Adopting AI” is a big deal, not only in terms of the business imperative but also in terms of what it takes for an enterprise to do it. Like previous big technology changes, AI adoption must be planned, trained, tested, secured, and maintained. This takes time and expertise, and for many companies, the race is…
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Artificial intelligence (AI) can have a significant impact on companies that use independent contractor talent—from finding and sourcing contractors to engaging and onboarding them. AI tools can effectively source prospective independents, assess them without bias, and onboard them efficiently. With more companies drawing on contingent labor to build optimized or blended workforces, AI tools can be…
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Being a Client of Choice is critical for any enterprise competing for independent professionals with in-demand skills. Our research shows an annual increase in the percentage of independents saying they are able to choose the clients with whom they work. This choice goes beyond money into areas like ease of engagement, the quality of working…
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Unsurprisingly, companies are increasingly recognizing the need for agility and flexibility within their workforce. Recent layoffs among traditional W2 employees have prompted a reevaluation of conventional employment models. As organizations navigate economic uncertainties and rapid technological advancements, the spotlight increasingly turns towards the strategic integration of independent contractors & a contingent workforce. This shift not…
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In today’s fast-paced workplace, people often find themselves grappling with a subtle form of pressure: microstress. Unlike the obvious stress that can arise from major life events, microstress comprises small daily stressors that add up over time. Because of the “smallness” of microstressors, they may be hard to identify. Their cumulative effects, though, can be…
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