When organizations do not have an optimized HR and talent acquisition strategy, they are at risk of hiring mediocre candidates or simply missing out on potential candidates available. This can result in high staff turnover, and a waste of money, time and resources. Amongst other factors, the staffing and sourcing costs, training and on-boarding costs, and lost time, can all impact the bottom line. Furthermore, having the wrong person performing the wrong role can lead to increased risk, errors, and a reduction in your company’s productivity.
With our help, your organization will have the ability to rely on alternative sourcing channels beyond the traditional hiring methods and achieve a comprehensive approach to talent acquisition.
This white paper dives deep into your contingent workforce ecosystem and uncovers three key areas to improve on. It offers valuable insights and actionable recommendations.
Gain control over the growing contingent workforce with these best in class risk management, talent acquisition, and cost control recommendations.
Last year at HCMWorks we wrote an article about a study by The Economist that found the demand for contingent workers would skyrocket over the next five years, with more than 61 percent of top bosses expecting the use of contract labour to increase.
The report surveyed executive decision-makers at 210 US and UK companies with at least 2,000 employees, finding that contingent workers account for more than a fifth of the workforce at over half (58 percent) of those businesses. A figure set to grow over the coming years.
> Read More
The contingent workforce is always changing. Whether it’s the growing pool of workers, new methods of sourcing talent, changing workforce laws or optimizing your contingent workforce management program, there is always something new to learn and implement.
Making sure your organization stays on top of these changes is a crucial element of ensuring your contingent workforce is consistently optimized so that it can maximize results for your business.
> Read More
Organizations have significantly increased their use of contingent workers over the past decade, helping to compete with rising labour costs, improving access to top talent and adapt to rapidly changing market conditions.
In fact, new Ardent Partners research shows that 41.5 percent of the average enterprise’s total workforce is considered non-employee, which includes temporary workers, independent contractors, professional services, gig workers and freelancers.
> Read More