Direct Sourcing

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Future-Proof Your Workforce with Direct Sourcing

By MBO Partners

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…

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How to Maximize Efficiency When Activating a Direct Sourcing Strategy

By MBO Partners

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…

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Navigating the Shifting Landscape of Contingent Labor: A Strategic Approach to Direct Sourcing 

By Alex Khouri

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…

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Contractor Engagement Strategies for the New Year

By MBO Partners

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…

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How to Make Sure Independent Talent Isn’t Temporary Talent

By MBO Partners

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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Is It Time to Rethink Independent Talent in Your Enterprise?

By MBO Partners

“There have never been more payroll jobs in the U.S. There have also never been more people working independently.” 2023 State of Independence Report Those two statements may seem paradoxical, but they are both true. The U.S. independent talent population has grown steadily year on year—from 2020 to 2023 alone it jumped by 89%. Even…

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Upskilling and Reskilling in Your Direct Sourcing Program

By MBO Partners

In today’s fast-paced business space where change has become the norm, worker skills requirements frequently shift. The result is not really a skills shortage, though media and many business experts use that term. Rather, demand is greater than supply at different times and for certain skills. In today’s market, this situation applies to many technology…

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Gamify Your Direct Sourcing Program

By MBO Partners

The use of gaming techniques in non-game situations—known as gamification—has been a consumer staple for some time. From frequent flyer miles to coffee shop punch cards, retail marketers understand that motivating customers through freebies is an effective strategy. In recent years, gamification has made its way into the workplace, mainly by way of training programs…

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Creating a Feedback Culture in Your Direct Sourcing Program

By MBO Partners

Giving and receiving feedback to and from your high-value independent professionals offers for great opportunities for increased innovation and continuous improvement in the business. Establishing a feedback culture in this talent pool compounds the benefits to the enterprise. Even if you do not (yet) have such a culture in your employee population, creating one among…

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The Power of Direct Sourcing: 3 Big Benefits for Your Workforce

By MBO Partners

MBO Partners and Staffing Industry Analysts recently released a new report detailing the advantages of direct sourcing in talent management. Direct sourcing is the process by which a company leverages independent talent sourced from an internally developed pool to perform work as contingent or temporary workers Direct sourcing has evolved significantly and has become a…

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