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Workforce Trends
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When you engage independent workers, it is critical to have an independent workforce management strategy so that your program can be effective and successful. Whether you work with independent contractors, freelancers or consultants, contingent workers must be engaged and managed differently than traditional employees. There is a distinct level of compliance risk associated with this…
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The ancient Romans taught us that “repetition is the mother of learning.” They knew the best way to learn was to hear, read, or do something over and over again. Everyone understands that practice is necessary to learn a sport, an instrument, a language, or a skill. Without repetition, a person is bound to be…
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The US is one of the most rapidly changing labor markets – and unless you are actively hunting for a new job, you may not know much about it. Although we now live in a world where information is instantly available, we can sometimes miss the overall trends because we are constantly being informed of…
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Open innovation, or the use of external participants to help a company solve core problems, or challenges, has grown in popularity in recent years. While organizations do not specifically rely on one generation or another to solve challenges when using open innovation, often also referred to as “crowdsourcing,” platforms supporting this type of work most…
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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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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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Modern workforces are fueled by contingent labor. The COVID-19 health crisis and surrounding economic uncertainties lit the match thrown into enterprises desperate for optimized business models. Companies plan to increase this sector to gain relevant skillsets and diverse mindsets to keep in step with an ever-changing pivot away from corporate stability to labor agility. In…
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Although remote work is now quite normal, millions of independent contractors have historically sought independence in order to work remotely as self employed professionals. Many of these are digital nomads: workers who have chosen to embrace a location-independent, technology-enabled lifestyle that enables them to travel and work remotely, anywhere in the world. This flexibility…
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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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Direct sourcing enables access to and connection with top independent talent by facilitating a direct relationship between enterprise managers and independent workers. With a direct sourcing strategy in place, organizations no longer need to rely on a third party like a consulting firm or staffing company to fill talent needs. Direct sourcing methods will vary…
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