Best Practices for Maximizing Profits on Your Contract Recruitment Business

We are entering a new era of talent scarcity, particularly within professional and STEM categories. We are also seeing dramatic shifts in the labor market toward independent workers. Buyers of talent want flexibility, access to the best talent, reduced costs, and no risk. How can strategic organizations attract, engage, and retain the proven independent workers they need to get vital work done without having the additional cost and longer time to fill of staffing firms or third-party recruiters?

A flexible workforce model can attract scarce talent, while driving significant cost savings and enhancing enterprise flexibility. How do today’s HR professionals partner with other colleagues, including Procurement teams, to determine the ideal mix of traditional versus flexible workers (independent contractors, freelancers, temp workers)? That is the “million-dollar” question.