Direct Sourcing
Direct Sourcing | 3 MIN READ
“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…
Direct Sourcing | < 1 MIN READ
GUIDE | 10 MIN READ
Find the tools that you need to plan and launch a direct sourcing program in your enterprise.
Direct Sourcing | 4 MIN READ
Direct sourcing is a part of talent acquisition for many modern enterprises—our research found that as of early 2023, nearly 80% of large organizations either had a direct sourcing program in place or expected to explore the approach within the next two years. Direct sourcing involves sourcing independent contractor talent using internal resources rather than…
Direct Sourcing | 4 MIN READ
Following on my introduction to this series, this first installment focuses on the critical importance of correctly classifying the members of your independent workforce. In the past, the onus was on independent contractors to make sure they were set up correctly, paying the right taxes – the IRS would audit them directly. That has…
Direct Sourcing | 5 MIN READ
Over 72 million Americans worked independently in 2023. As more enterprises turn to the independent workforce for staffing flexibility, in-demand skills, and cost savings, direct sourcing is steadily evolving as the leading way to engage this group of talent. Direct sourcing gives enterprises access to a pool of vetted talent, saves time and costs, increases…
Direct Sourcing | 5 MIN READ
Direct sourcing—the process by which a company leverages independent contractors—has seen rapid advancement in recent years. As the market shifts to increased use of independent talent, direct sourcing will become even more important to enterprises that want to optimize their workforces The Evolution of Direct Sourcing Basic direct sourcing can take the form of finding…
Direct Sourcing | 4 MIN READ
The use of direct sourcing to leverage independent workers from an internally developed pool of talent has rapidly grown in the past few years. As of early 2023, nearly 80% of large organizations either have a direct sourcing program in place or expect to explore the approach within the next two years. Finding the ideal…
Workforce Management | 4 MIN READ
Navigating the Shifting Landscape of Contingent Labor: A Strategic Approach to Direct Sourcing
In a labor market characterized by scarcity and dynamic shifts, the statistics speak volumes about the evolving nature of the workforce. As of October, there were 9.6 million open jobs, significantly outnumbering the 6.5 million job seekers (October BLS Report). This staggering gap emphasizes the ongoing challenge of talent acquisition, pushing organizations to explore innovative…
Workforce Management | 4 MIN READ
Organizations of all sizes are increasing their use of independent workers to maximize workforce agility and flexibility. The average company reports that contingent labor makes up 28% of their workforce and this proportion is expected to grow to 38% by the end of 2027. Independent work is becoming more popular and accessible, giving enterprises access…
Workforce Management | 3 MIN READ
According to the U.S. Bureau of Labor Statistics, at the end of July 2023 there were 8.8 million open jobs but only 5.25 million job seekers. This gap, a skills shortage mainly in the technology space, and caution around adding headcount has more and more companies turning to independent talent to meet their workforce needs….
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