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Workforce Strategy
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The Creator Economy is a network of independent professionals, including the self-employed, solopreneurs, and freelancers, who earn money by creating and distributing digital content. An impressive 8.1 million creators in the U.S. were monetizing their content in 2022—a 14% jump from 6.9 million the previous year. In terms of the content produced, the Creator Economy…
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This is the third in a five-part series discussing skills critical for future success. Other articles cover critical thinking, communication, and entrepreneurship. Talk about creativity in business and the conversation will soon lead to innovation. The words of big thinkers like Steve Jobs, Henry Ford, or Thomas Edison will be recalled to support the importance…
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Our research has revealed that enterprises engage highly compensated and in-demand skill sets for their contingent labor programs to address talent shortages and the inability to find full-time employees qualified for the roles being filled. Though financial considerations are a part of the reasons for engaging contingent labor, these five rated higher than cost in…
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More and more, workers are leaving corporate America by choice. Rather than becoming independent due to job layoffs or other events, they choose independence for their lifestyles and life goals. It’s an intentional choice, and the number of people making it is accelerating. Company leaders across all business sectors are recognizing the need to shift…
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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 it’s been something of an open secret among independents that their work-style choice fosters the achievement of life goals, there is now empirical evidence that supports this. The events of the past few years have prompted many people to reexamine work in relation to other areas of their lives. As a result, the quest…
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The independent professionals are highly skilled experts who can fill project roles on-demand. These individuals tend to work on medium-to long-term projects in a specific field of expertise. By understanding the behaviors and values of independents, enterprises become more attractive to top talent and are better able to retain the workers they want for…
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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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Direct sourcing improves the ability of firms to find and engage contingent workers with the skills they need by: Creating a curated talent pool with contingent workers. Quickly accessing independent professionals with the skills you need. Re-engaging contingent labor, which increases work quality, decreases time to fill roles, and improves the culture fit with the…
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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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