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Direct Sourcing
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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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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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“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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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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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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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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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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Is your workplace fun? While many enterprises don’t evoke the Darth Vader theme in workers’ minds when considering this question, too many consider fun a distraction and detrimental to productivity. In fact, research has shown that fun is a strong component of well-being, which is key to productivity. Creating a culture that includes fun is…
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“Pivot” recently joined the business lexicon to define the place where many companies arrive at some point in the growth cycle. The term refers to a significant and structured change to a strategically important part of the enterprise. A pivot may happen in response to changing market conditions, customer feedback, product performance, or any perceived…
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Competition for high-value independent talent is heating up. The US independent population was 64.6 million strong in 2022, and even with a low unemployment rate, that number is likely to continue to increase as professionals with in-demand skills choose independence as their best career strategy. To attract people with the right skills, it is critical…
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