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.
HCMWorks’ helps organizations integrate a flexible, contingent workforce into their total workforce management strategy, in a structured and efficient manner.
It starts by working with the talent acquisition stakeholders and their procurement counterparts to develop a talent acquisition strategy for the non-employee workforce that will complement the overall business objectives and staffing strategy of the entire organization.
Beyond the complexity of using contingent labor to complement your access to talent, companies often need guidance to support them when “managing” this non-employee workforce.
HCMWorks can become an extended HR business partner for your organization, with many years of cross-industry experience to support you.
Once you’ve quickly hired quality contract workers, you still need to have the right parameters in place to manage them at ‘Arm’s Length’, while being mindful of the compliance and legal requirements you are responsible for.
Other examples include knowing who works where, since when and what they do exactly. HCMWorks makes sure you are covered in these important areas to maximize your risk mitigation.
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.
The contingent workforce has grown significantly over the past decade, and, according to research from Ardent Partners, currently sits at around 41.5 per cent of the average company’s overall talent pool.
In fact, the contingent workforce has grown by roughly 2.5 times over the past decade due to several important factors, according to the same body of research, including:> Read More
The way organizations operate has changed significantly in the past few years. The biggest change for the majority of businesses is a transition to project-based roles over full-time positions, which has sparked a seismic shift in the workforce.
When it comes to acquiring top talent in today's market, organizations are now required to be innovative if they are to stay competitive. This goes beyond simply filling full-time positions or accessing the contingent workforce to augment, or even replace, parts of your company’s permanent workforce.> Read More
Three in four companies (75 per cent) believe that using workforce analytics is “important”, but, according to a study from Deloitte, just 8 per cent believe that their organization is “strong” in this area.
Talent analytics is particularly hard when it comes to contingent workforce management, where gig workers, staffing suppliers, managed service providers (MSP) and managers all create millions of data points for your organization.> Read More