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Workforce Optimization
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In the last few years, a health pandemic, supply chain challenges, geopolitical risks, inflation, and social unrest disrupted our economy in ways we had not felt in nearly a century. In a business sense, these disruptions do not drive destruction, they drive innovation. To adapt to this environment, businesses need to adopt a dynamic approach. …
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While we may not as far as to call it a “war,” there is certainly very strong competition for talent across all industry sectors. Part of the driving force behind the optimized workforce—a blend of full-time and independent talent—is the need to access high-value and trusted skill sets on an ongoing, but not full-time, basis….
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With the pace of change increasing across all business sectors and unexpected market events remaining within the realm of possibility, there are times when hiring independent talent—or a team of independents—makes the most sense. These times, in fact, seem to be increasing as enterprises seek the benefit of workforce optimization. Our 2022 Contingent Labor report…
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The benefits of a direct sourcing program to engage independent professionals can be compelling for an enterprise. Among the pluses, the ability to engage contractors without going through a third party can save costs and improve talent quality. Maintenance of a talent network of independent professionals can improve the re-engagement of high-value talent and minimize…
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As more and more companies move toward a blended or optimized workforce—a combination of full-time employees and contractors—the need to attract and continue to engage high-value independent talent has become strategically significant. When an enterprise finds excellence in the workforce, whether in an employee or a contractor, it wants to retain it. How can an…
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Despite dire recession warnings from economists, the US market currently has more job openings than labor to fill them. This doesn’t mean firms aren’t laying off talent, doing more with less, or considering scaling back on hiring. At this time, when the economy’s direction is up in the air and uncertainty prevails in the market,…
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As a hiring manager, you know first-hand the pain of the Great Resignation. This “post-” pandemic economic trend of employees resigning in droves has hit every industry. In fact, a record-breaking 11 million jobs were vacant at the end of October, according to the U.S. Bureau of Labor Statistics. But people aren’t leaving the workforce…
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In conducting the research that informs our annual State of Independence report, we noticed a trend in the late 2010s that prompted us to include a new set of questions in our surveys. The focus of these questions is on how and why independent professionals form teams with other independents or microbusinesses. We began reporting…
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Baby Boomers and GenXers, the two most seasoned generations of independent professionals, comprise nearly half of the talent pool (26% and 23% respectively). Unfortunately, many enterprises don’t effectively tap that talent demographic, often because of myths that persist about “older workers.” In addition to gaining access to a wider range of skills and expertise, creating…
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Workforce optimization allows companies to access the talent they need in an agile, cost-efficient way so they can succeed in the future of work. Finding the talent you need to effectively run your business is no easy feat. As the modern workforce environment increasingly trends towards engaging independent talent, enterprises must adjust the way they…
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