Contingent Workforce

Direct sourcing — the hiring method in which companies use their employer brand to attract contractor candidates and create a private talent pool database — is fast becoming one of the biggest trends in workforce management. Research from Staffing Industry Analysts reveals that an incredible 60 percent of contingent leaders plan to implement direct sourcing…

(This article originally appeared in Forbes on December 13, 2021) The freelance revolution has a supply problem. You mightn’t think so by just reading the headlines. Upwork reported the US as having almost 60 million freelancers. McKinsey & Co research estimated that by 2025, “Online talent platforms could raise global GDP by up to $2.7 trillion and increase employment by 72 million…

While independent contractors have long been part of the workforce, the rise of the “gig economy” has made this type of employee far more commonplace than in the past. According to Statista, roughly 59 million Americans did some level of freelancing work in 2020. Regardless of whether someone does all their work as an independent…

Up to 32 percent of the current workforce are independent contractors, and this rate has been steadily rising for years. When you consider diversified workers, those who mix traditional and independent employment status, it includes over half of all current working Americans. This surge can be attributed to the rise of remote work in the…