Contract Talent

Any organization seeking to balance the challenges of ambiguity and execution in a slow-growth world with the chance for renewal and opportunity is wise to strategically leverage Contract Talent. While Contract Talent already played a critical role in many adaptive organizations’ workforce plans before the Great Recession hit, it likely will play an even more important role going forward, as leaders struggle not only with the uncertainty of the recovery, but with questions surrounding regulatory reform in key areas such as health care, the environment, and finance. more »

Organizations are increasingly utilizing a contract talent strategy to solve their workforce needs for a host of reasons, including cost, scalability, flexibility and time to efficiency. But employers usually limit their talent management practices to those same areas, while perhaps overlooking one very important recruiting measure: quality of hire. more »

In just the past 20 years, the percentage of work allocated to contingent labor and contract talent has grown from six percent to more than 27 percent. Today, large organizations typically spend an average of about seven percent of overall company revenue on their contingent and contract workforce, often representing tens of millions of dollars. more »

The use of contract workers has grown fivefold since the 1980's according to the U.S. Department of Labor, and nearly four out of five employers nationwide hire some form of contractual help. 10 years ago a contract worker may simply have been a "temp" from a staffing agency, but the implications of the contingent work force had taken a radical turn in the past decade. more »