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Workforce Engagement
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The fractional or blended workforce, a mix of full-time employees and contingent labor, is fast becoming the new normal in the enterprise space. In fact, today, one in three workers in enterprises are contingent. When organizations leverage a strategic mix of independent labor, full-time employees, and even offshore talent, we refer to this as an…
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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: engage talent quickly, cost-effectively, and compliantly, design and scale a contingent…
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Spurred by the Great Realization, the independent talent population is steadily increasing. Fifty-one million professionals are currently working as independents and that number is expected to see 38% growth over the next five years. Even as this talent segment becomes a permanent part of the workforce and a component of competitive advantage, leaders are faced with…
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Hiring independent contractors can be risky if you don’t have a plan in place to properly manage compliance and business requirements. More companies are looking to hire independent contractors because they are a valuable source of talent for businesses. The growth of the independent workforce has also made it easier for businesses to compliantly engage…
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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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How Does Direct Sourcing Work? Today’s workforce environment offers more options than ever before. Remote work is now the norm, and companies are not geographically limited in their talent searches. Hybrid work arrangements can help retain valued workers by offering more flexibility in the work week. Significant growth in the independent professional workforce, up 38%…
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Organizations today are increasingly relying on the growing pool of people working as independent contractors, freelancers, self-employed professionals. Independent talent provide access to the specialized skills managers struggle to find. Furthermore, businesses can realize significant cost savings as well as increased output by engaging independent talent on a project-basis. But how do managers find and…
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Most firms working with consultants, contractors, freelancers and other 1099s will use an RFP (Request for Proposal) to set the tone and guidelines for what is expected to complete an assignment. Clients are more comfortable with engaging a contractor when they outline and understand what needs to be delivered by the consultant. Moreover, consultants will…
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By engaging independent contractors, organizations can realize many benefits—from significant financial savings and staffing flexibility, to access to specialized skills and expertise. Independent talent can be a great way to test out new services, lay the foundation for a new business unit, or implement a new technology system. But in order to avoid risk, ensure…
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The differences between 1099 and W-2 tax forms, and considerations to take into account when making hiring decisions for your organization.
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