If your organization is utilizing a contingent workforce, it's exposed to a well-known set of internal and external mechanisms.
Whether you realize it or not, these mechanisms impact your company in a significant way.
When you combine all these factors together, they represent your contingent workforce ecosystem.
HCMWorks facilitates half-day 'whiteboard sessions' to provide potential clients and future partners a glimpse into their contingent workforce ecosystem and how it's performing.
Our role in this process is to help companies identify, understand and manage their contingent workforce ecosystem in such a way that they can take advantage of their contingent workforce as a strategic asset.
Independent contractors, freelancers, and contract workers are a valuable source of high-quality talent but managing dozens, if not hundreds of IC contracts, invoices and more, is a full-time job for several of your people.
Learn how to simplify, streamline and reduce the complexity of managing your freelancers, consultants and contract workers.
Today’s on-demand economy means companies are increasingly relying on contingent workers to support their workforce requirements. These non-permanent workers give businesses access to top talent, help boost growth, and encourage the creation of an agile and flexible workplace.
However, the management of contingent workers is complex and has created extra workload for both HR and procurement professionals, who need to source and vet contract workers for a variety of positions and departments across their organization.
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The world of work has evolved significantly over the past decade, and the contingent workforce has boomed in recent years. This has translated into ample opportunity for today’s large businesses to tap into a new network of world-class, on-demand talent.
As we covered in a recent blog, titled “How Technology and Communication Tools Have Fueled the Gig Economy”, technology and communications tools have been a huge factor in the changing workforce behaviours.
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When it comes to an organization’s contingent workforce program procurement and human resource (HR) professionals must strive for a transparent and company-wide strategy.
Whether your business is looking to create or improve your contingent workforce program, it can be a time-consuming and frustrating process. However, with contingent workers making up a large part of many companies’ workforce, updating the program you use to manage them is essential for acquiring the best talent and reducing costs.
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