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Driven by seismic shifts in the workforce and the workplace, the independent workforce continues to grow. One of the key drivers behind this trend is the Baby Boomer generation.
Many industry experts have estimated the size of the contingent workforce in the US, with some predicting it could approach 40% of the total workforce, or more, by 2020. Recently, no less an expert than the renowned consulting firm McKinsey & Co published a study that came to a simple conclusion: the number of people freelancing is much larger than you might think, and it is growing quickly.
The world of work is rapidly evolving. With dramatic demographic shifts taking place we are witnessing increasing levels of talent scarcity and a significant growth of the independent workforce. In addition, we have unprecedented levels of political and economic turbulence, contributing to a high level of business uncertainty. In this complex new human capital equation, […]
Organizations of all sizes and across all industries are increasingly choosing to engage contingent labor. As this segment of the total workforce grows, and technology continues to remove friction from finding and engaging them, corporate Human Resources professionals have a vital role to play. Here are a few ways HR can remain relevant in this new world of work.
In this infographic, we look at the factors driving the growth of the independent workforce and strategies companies use to strike a balance.
In today’s complicated workplace companies are challenged by the harsh reality of talent scarcity when trying to fill critical roles in order to execute their strategy. When looking for solutions many organizations are uncertain about the best talent strategy: Is it better to buy, rent, or build talent when riding the waves of talent supply and demand?
The world of work is changing rapidly, and companies that depend on knowledge workers must continue to evolve and innovate how they attract and retain the vital workers they need to get work done. One strategy that is growing in importance is direct sourcing.
Many leading organizations, across all geographies and industries, have recognized the benefits of direct sourcing as an effective method to attract and retain the vital talent they need to grow and innovate. As the world of work continues to evolve and talent scarcity becomes more acute, the successful deployment of this strategy will continue to grow in importance.
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