Shake Up Your Talent Acquisition — Kill The Rate Card To Improve ROI
Nearly one-third of the world’s workforce is comprised of “external” or “independent” talent defined as workers that do not have traditional “employee” roles with an organization. As organizations shift from “hiring” employees to “buying” external talent, they must get smarter on how to work more strategically with staffing agencies and employees.
The concept of “buying” or “borrowing” talent has grown exponentially since Kelly Services (1946) and Manpower (1948) first began providing staff augmentation to companies for lower-skilled workers. But today’s landscape of buying external talent is much different from the days when “temp” labor meant hiring a Kelly girl to help out in the typing pool or having Manpower provide extra folks to fill in at the warehouse during volume spikes.
Today’s staffing agencies are propelling the world into a free agent nation filled with skilled knowledge workers of all disciplines and specialties. According to Staffing Industry Analysts, the percentage of “knowledge workers” comprised 73% of all non-traditional workers in 2016 – up from 56% in 2008. Organization such as 99Designs and Athena help organizations flex their marketing and account departments by providing expert graphic design and reliable accountants to fill gaps in talent. Even physicians and college professors are making the shift to an independent workforce with the aid of companies like Heal and Vitea.Read more…