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Workforce Management
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In response to this widespread challenge of COVID-19, today’s organizations are struggling to do more with less. Forward-thinking companies are leveraging new technologies and experimenting with modes of working, such as virtual meetings and remote work. This new paradigm has highlighted the vast chasm between the traditional business model and the emerging modern one. One…
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Remote work is more common than ever before and many enterprise managers are finding the need to shift their mindset and policies to align with a virtual work environment. There are many benefits to remote work including increased work/life flexibility, lower costs, and often greater productivity. Of course, there are many challenges as well. In…
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When you engage independent workers, it is critical to have an independent workforce management strategy so that your program can be effective and successful. Whether you work with independent contractors, freelancers or consultants, contingent workers must be engaged and managed differently than traditional employees. There is a distinct level of compliance risk associated with this…
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There are direct and indirect costs that must be considered when engaging and hiring independent workers. Independent professionals help organizations realize a competitive advantage among their peers by providing access to specialized, in-demand talent, staffing flexibility, and better control over employment costs. However, in order to make the best use of this valuable talent pool…
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Companies have realized that workforce agility is key to surviving economic ups and downs, especially in light of the impact of Covid-19. The past 18 months have seemed a lifetime in the world of work. America’s vast and dynamic workforce has seen huge changes in terms of cycles and structures of work, and the acceleration…
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What is Contingent Workforce Management? Contingent workforce management involves finding, engaging, and managing contingent talent—people who work as independent contractors, consultants, freelancers, entrepreneurs, digital nomads, gig workers etc. In order to build a blended workforce that is a strategic mix of contingent and full-time talent, it is important to: (1) engage talent quickly, cost-effectively, and…
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Build positive, successful relationships with your independent workforce with these five tips.
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Creating a contingent workforce management program is an important step in ensuring compliant engagement, but adoption of policies you have put into place is key to ensuring that the program you created is followed. One of the most valuable resources to organizations today are independent professionals. This component of your total workforce can bring in…
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Freelancers, independent contractors, gig workers, entrepreneurs, etc. create the independent workforce and are changing the way we view and understand work. Today, millions of Americans report working full-time providing professional services. The large majority of these workers have chosen this path of independence and are happy with their choice. From the perspective of enterprises, there…
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Companies often hire independent contractors when they either need outside talent who have skilled expertise or their need is only temporary. Today’s workforce ecosystem is incredibly diverse. Enterprises are building dynamic teams with a mix of salaried employees and contract or freelance talent. And the contingent worker side of this equation is quickly growing as…