Editor’s Note: We are excited to announce that the third annual edition of our landmark State of Contingent Workforce Management research report is now available. This year’s report discusses the impact of non-employee talent, such as independent contractors, temporary workers, SOW-based projects and services, and freelancers, on the global business world and how it is actively shaping the “future of work.” Click here to download the new research study, and stay tuned for additional “sneak peeks” here at CPO Rising.
The very concept of “talent” is one that is consistently evolving. An organization’s people, its very workforce, represents the “best” of a business and its overall strengths and differentiators as an organization. Talent, in today’s fast-paced, globalized economy, can help drive the ultimate success of an enterprise.
It’s no great secret that the impact of today’s contingent workforce is growing. Ardent Partners’ new research report, the State of Contingent Workforce Management, has discovered that 35% of today’s total workforce is considered non-employee, contingent, or independent, a nearly 10% increase from 2014, and yet another indicator that the world will eventually see (even within the next few years) an even split between traditional and non-traditional workers.
And, it’s not just that this non-employee workforce is merely growing so rapidly. Ardent’s research typically drills down into the perceptions and reasoning behind the bold findings, and has found that 95% of companies across the world cite the non-employee workforce as vital to day-to-day operations and the ultimate achievement of corporate goals and objectives. Simply put: the talent, skillsets, and expertise in today’s non-employee labor is a critical force for businesses.
The new State of Contingent Workforce Management, amongst other key issues and items in this industry, tackles:
- The evolution of talent sources and how they are actively impacting CWM programs across the globe. Freelancers, contractors, independent talent, professional services; the form of today’s non-employee workforce is varied…and so are the sources of that labor. From online labor marketplaces (OLMs) to business networks to social networks, talent sources are evolving and providing businesses with a better “reach” of skillsets and expertise.
- The real impact of the “future of work.” What is the “future of work”? It is the concept that any enterprise or business need, no matter the level of expertise required, can be filled with on-demand and non-employee talent. This idea has social, political, economic, business, and personal ramifications, and actively shapes how work is done across the globe.
- The value of technology, automation, and contingent workforce solutions. VMS? MSP? FMS? RPO? Spend management? Today’s CWM programs are intricate, complex developments that rely on several forms of automation to effectively link relevant capabilities and required capabilities (such as onboarding, offboarding, analytics, supplier management, project management, talent acquisition, etc.). The new research report highlights how mature, advanced, and emerging solutions are revolutionizing the engagement and management of non-employee talent.
The “future of work” is here, and the way that business is conducted around the world is rapidly changing. Download the new State of Contingent Workforce Management today, and learn how today’s CWM programs are evolving…and the best means for structuring those programs for long-term value and success.
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