Workforce Strategy
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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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Millennials and Gen Z now outnumber the combined ranks of Baby Boomers and Generation X, making up 51 percent of the independent workforce. Independents fill an important need for organizations today, providing much-needed skills, flexibility, and agility. At the same time, these two generations have found a welcome place in the independent workforce. They can…
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Finding, engaging, and retaining skilled talent can be difficult in today’s work environment. There are many more job openings available than job seekers so where can companies find the people they need? We believe the answer is self-employed professionals, a population that brings highly specialized services to the workforce. The number of self-employed individuals is…
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Your ability to achieve workforce optimization is only as good as your staff’s abilities and bandwidth. When specific project needs arise—that may be highly technical or involve in-demand skills not found in your FTE population—partner with trusted, compliant, and vetted independent talent. In order to effectively source independent talent end-to-end, it is important to establish…
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Deciding to hire independent contractors can raise a lot of questions—especially if this is new territory for your company. There are many common misconceptions about the independent workforce, a 51-million strong talent pool. One important distinction to note is that independent professionals don’t just make up the on-demand economy. Rather, this segment of the independent…
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Recent increase in tech layoffs and hiring freezes paint an interesting—yet somewhat inaccurate—picture of the current workforce environment. High-profile companies including Netflix, MasterClass, Tesla, Twitter and more have slowed down hiring and laid off thousands of employees due to fears of a recession, rising inflation, tightening of budgets, and big swings in the crypto currency market, among…
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When enterprises engage independent contractors, they can choose to implement a variety of strategies ranging from highly restrictive engagement processes to full engagement. How enterprises choose to engage independent workers can impact the willingness or preference of contractors to work with them. Over the past several years, the independent contractor-client relationship has seen some dramatic…
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One of the many new ways companies today are able to reach corporate goals is engaging and re-engaging top independent professional talent, and attracting top independent talent is key. MBO Partners’ Client of Choice research has examined why and how independent professionals select the clients they choose to work with. “For businesses to effectively compete…
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In today’s ever-shifting world of work, independent talent play an increasingly important role and are driving the new strategic workforce mindset among enterprises that want to have a competitive advantage. Freelancers, contractors, consultants, temporary workers and more support companies by providing access to in-demand skills, driving organizational performance, and increasing institutional value. Particularly during times…
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To re-engage independent contractors that have provided exceptional value to your organization, you should take certain steps to ensure these preferred independents are prepared to work with you again. There are some best practices you can follow to ensure your talent feels appreciated, and your company benefits from the agility they bring. In fact, one…
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