Manage HR Magazine | Friday, December 18, 2020
Transformation, Agility, and an immediate need to remote working in the current economy have reshaped companies to a great extent. Each of these elements is something contingent talent can offer.
Fremont, CA: Nobody would have ever pictured the sudden shift the world of business had to witness this year due to the coronavirus pandemic. In less than a year, people experienced massive changes in many aspects of their lives. However, not all change is a negative one. The rapid adoption of technology in the HR department has been transforming many elements of the workforce. Remote and contingent workforces witnessed significant change almost overnight. In this article, we are point out the ways contingent workforces have evolved post-Covid.
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Evolution in the Workforce
Transformation, Agility, and an immediate need to remote working in the current economy have reshaped companies to a great extent. Each of these elements is something contingent talent can offer. Hence, it is no surprise that more businesses are utilizing these resources. Nevertheless, in order to make the best use of this external talent pool, one does require a better workforce planning. Over the years, corporate requirements and the composition of the workforce have changed considerably, and workforce plans need to be focused on the delivery of strategic tasks.
Globalized Contingent Talent Pools
The wide-spread acceptance of remote working has successfully knocked down many barriers, as well as globalized contingent talent pools. Currently, there are around 78 million freelancers globally, with numbers set to continue growing. As more employers recognize that they do not need their employees sitting together to deliver results, people can expect to see firms focus on sourcing without borders, where key skills are given importance over travel abilities or location.
Diversity and Inclusion Becoming a Priority
Diversity and inclusion have been on the business agenda for some time now. However, businesses across the world are recognizing the importance of a diverse and inclusive workforce. In 2020, it has become a priority for businesses. A truly inclusive workplace can lead to a work environment that welcomes and support all talent, and any D&I strategy should not only be for permanent employees but also for the contingent workforce.
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