Contingent Workforce – a Strategic Lever to Drive Resilience and Sustainable Agility
Viewpoint
16 Mar 2023
by
Vignesh Kannan, Krishna Charan, Soumya Bansal
The war for skilled talent is getting increasingly fierce due to the large talent demand-supply mismatch in the market. In this scenario, the contingent workforce has emerged as a strategic lever for organizations to build an agile, flexible, and scalable talent model.
This study examines the strategic importance of the contingent workforce at a time of increasing economic uncertainty. It also touches upon the role of Vendor Management Systems (VMS) as an end-to-end Contingent Workforce Management (CWM) software technology to maximize productivity, reduce compliance risks, and streamline operations.
Scope
All industries and geographies
Contents
In this report, we examine the:
Importance of talent
Strategic importance of contingent workforce during economic uncertainties
Enterprises have long aimed to adopt Total Talent Acquisition (TTA), an approach that integrates common strategies and technologies to attract, nurture, hire, and manage high-quality talent across all talent categories. However, the on-ground impleme…