In the US, we have the lowest unemployment rate in the last 50 years at a little under 4%. Organizations are struggling to find the talent they need to be successful. Yet, according to Deloitte’s Global Human Capital Trends study, only 8% of respondents had established processes to manage and develop alternative workforce sources.
The relationship between an enterprise and its workforce used to be pretty simple. A talent management lifecycle looked like this: the enterprise hired an employee and paid him or her a salary or hourly wage, provided benefits, including for retirement, and the employee stayed on until they were eligible to retire.
Your enterprise talent management strategy needs to look beyond your full-time employees. It's time to incorporate your extended workforce into your 2020 plan.
Are you monitoring your contingent workforce's access to systems and facilities? While most people are not bad actors, proactive compliance can save your organization in the long run.
Thomas Otter, a 20 year HR Tech veteran, explains why it is time for large organizations to take a big picture view of their entire workforce, employees and non-employees.
Utmost delivers first talent management system to support and engage Colonial Life’s independent insurance agents.