Tapping into the contingent labor market

contingent labourMore and more people are seeking out short-term gigs in addition to their day jobs. AsÌýfreelancers, contractors, temp workers, and part-time workers, they can earn more money, explore different avenues, and find opportunities that match their skill sets.

This trend turns out to be beneficial for companies as well, as it cuts down on training timeÌýand reduces long-term staffing costs.

ThreeÌý reasons toÌýtap into the contingent labor marketÌý

Flexibility

A contingent workforce allows you to scale without complicated commitments. You can hire additional staff when necessary and maintain a smaller, core workforce during the quieter times.Ìý

Time and cost efficiencyÌý

Contingent workers take less time to hire, and since they often already possess the expertise needed to perform well in the role, they can easily be brought up to speed. Hiring from this pool of workersÌýcan also save your company money, as it reduces overhead costs.ÌýFor instance, contingent staff members don't require paid leave or other benefits that full-time employees receive.

Access to specialized skillsetsÌý

Freelance workers tend to have highly-specialized skill sets. They can offer new perspectives to your companyÌýand act as a great way to diversify your workforce.

Can your company benefit fromÌýthe contingentÌýworkforce pool?Ìý

Contingent workers can be a great addition to your existing workforce, especially if your organization has the following goals and demands.

Opportunity to explore a new marketÌý

Taking up a new project without knowing the potentialÌýreturn on investment can be daunting, and it could placeÌýadditional burdensÌýon your full-time employees. Temp workers and freelancers can help you explore new market opportunities without overworking your existing staff. This also gives you the opportunity to hire industry experts who mightÌýbe too expensive for you to employ full-time.

Global expansion Ìý

When you're looking to expand your company and reach the next level of growth, it might take some time to hire and train the right full-time employees. In the meantime, temp workers can help you fill in the gaps, as they take comparatively less time to onboard and train.

Seasonal increase in work Ìý

ÌýIf your organization experiences seasonal increases in work, temporary staff can help you fill in the gaps and keep your full-time employees from experiencing burnout.

Employees on leaveÌý

If one of your employees has to go on a long-term leave, you can hire temp workers to take on the role for a specified amount of time.

Hiring contingent workersÌýÌýÌý

Sourcing contingent workersÌýis not soÌýdifferent from sourcing traditional employees. As always, it's important to make your work opportunities easy to find for job seekers.

Be sure to create a brand persona thatÌýis inclusive of temp workers and independent contractors.ÌýAttract your target audience byÌýsharing the qualitiesÌýof your existing workforce, and showÌýthem how working with your company will enhance their professional growth. For example, you might highlight specific opportunities and learning experiences, along with your company values, like a strong work-life balance and a commitment to recognizing great work.

As with every good hiring practice, you'll want toÌýstay proactive and forecast your need for new demands. It's best to source candidates through staffing agencies, freelance marketplaces, and related platforms. You can even reach out to candidates through specialÌýsocial media groups for the freelance community.

You can also communicate with candidates that you've sourced for other jobs and ask whether a contract opportunity would interest them.

Adopting an efficient contingent workforce management systemÌý

A comprehensive system is essential when managing contract workers, especially if you are pressed for time. It's important to create a strategy for how you hire, onboard, manage, and incentivize your temporary staff. This may involve adopting a more project-focused interview and onboarding process so that your workers can start producing value for the company more quickly.

Software tools can make this process more structured and efficient. ×îв©²ÊÍøÕ¾ Workerly makes it easy for companies and staffing agencies to hire and manage temp workers.ÌýAssign work, track timesheets,ÌýmaintainÌýstaff records, and record the unique expertise that each person has brought to your company.

×îв©²ÊÍøÕ¾ Workerly helps you foster a strong relationship with all workers,Ìýso you can obtain more referrals and facilitate more collaborationsÌýinÌýtheÌýfuture.

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