Employers today are an inspired lot. They read the studies which have found a strong link between the use of contingent workers and real bottom line benefits like improved earnings, gross margins and stock returns and adopt the insights into their workforce strategy.
However bad and uncertain the economy may be, cutting costs and saving would never make sense at the cost of a company’s productivity! As companies are turning more and more to utilizing contingent workers to save money, they are also trying to create an optimized mix of temporary and permanent workers. Such blended workforce programs require clarity of vision from top management and a collaborative approach to achieve the strategic objectives of Procurement, Human Resources, and the business leadership.
Processes Designed for Growth:
The trick lies in finding the right level of flexibility in the workforce mix,ensuring that the business will receive quality contributions from its workforce. Successful companies point to seven key steps that are required to achieve the right workforce balance:
Business success is all about agility, the ability to use all of the available capabilities to distinguish a company from its competition. A high performance workforce composed of both regular and temporary workers can increase your agility, but only if you take a holistic approach. If your company treats these two talent sources as separate entities, each with its own approach to sourcing, evaluation, funding and management, you will be undermining the very flexibility you are seeking to achieve.
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