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Workforce Strategy
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The workforce of many companies today consists of a mix of full-time and contract workers. When considering whether your recruitment strategy should include independent contractors or employees, there are many rules and regulations to consider as well as practical applications. Employees vs. Independent Contractors Employees work for a single employer, who can dictate how, where,…
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While the business world has always been somewhat aware of the evolving nature of the workplace, the “future of work” is now a hot topic that leaders are paying close attention to. That future relies heavily on the workforce composition and culture. These nine tips can help your enterprise be ready for whatever comes down…
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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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Independent professional talent is increasingly becoming the workforce answer for companies throughout a wide range of industries. Enterprises are putting strategies in place to successfully attract, engage, and retain top talent. The independent workforce is steadily increasing in number as well, providing an indispensable source of professionals with in-demand skills. Here’s what you need to…
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An independent contractor agreement or contract is an important part of engaging contingent workers. While your company and the contractors you work with want to get started quickly, skipping a contract can lead to problems in the future. Three Reasons to Use an Independent Contractor Agreement Establish legal protection A written contract provides legal protection…
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Business management experts have used the term “intelligence,” preceded by different qualifiers, to describe a range of soft skills that are important in today’s workplace. Social intelligence, as the term is currently used, is an umbrella for others such as emotional and cultural intelligence. Social intelligence plays a crucial role in the workplace, contributing to…
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Engaging an independent contractor to contribute specific skills to a project, help develop a new line of business, or assist in building out a new market is often much more cost-effective than spending the time and resources to recruit a full-time employee for the same need. Cost Differences Between Independent Contractors and Employees There are…
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Direct sourcing enables enterprises to incorporate independent professional talent into their workforces easily, giving enterprise access to in-demand skills in a faster, more cost-effective way. A primary method for collecting and storing talent when direct sourcing is the creation of a talent pool, generally placed within an internal or proprietary section of a talent cloud…
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The legal risks associated with hiring independent talent are a common topic in business media. There are resources available for enterprises to tap in order to ensure that the engagement of independent contractors is in compliance. But even though you may understand when to classify workers as independent contractors and how to avoid common misclassification…
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Hiring independent contractors over full time employees comes with many benefits. Today, more than 51 million people have chosen to work independently rather than have a permanent, full-time job. And most independent contractors are very satisfied with the flexibility and creativity their career path affords. Most plan to remain independent and even build a larger…
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