Over the summer, the Future of Work Exchange featured a series of articles focused on the “new era” of innovation happening within the technological landscape associated with the Future of Work movement. The exclusive feature series highlighted providers that are revolutionizing the many ways businesses not only find, engage, source, and manage talent, but also how that talent is leveraged to optimize how work is addressed and done.
Given the advancements in arenas such as direct sourcing, digital staffing, VMS, extended workforce management, total talent management, and MSP-led services, the workforce solutions arena stands out as a revolutionary force in today’s business world. Its agility allows companies to stay ahead of the curve, its flexibility adapts to the changing nature of work, and its pace of innovation continuously reshapes the landscape of talent acquisition and management.
As businesses continue to navigate an ever-evolving talent landscape, the workforce solutions industry remain a critical enabler of success, offering the tools and strategies needed to thrive in an increasingly competitive environment. Today, we feature four additional solutions that represent a new era of innovation.
HireGenics
The Future of Work Exchange has a history of tracking the progression the Managed Service Provider (MSP) model by discussing how these mature industry giants have transformed the way businesses manage the many intricacies of extended workforce management. In the face of unprecedented change in how work gets done, some MSPs have converted their offerings to suit the flexibility and agility attributes inherent in today’s Future of Work-led enterprise arena.
HireGenics is a reflection of this evolution. The organization has made waves by changing MSP delivery models to be more “in tune” with the innovation required to help businesses succeed in the current frenetic climate. The solution’s “MSP 4.0” model represents a forward-thinking approach to MSP offerings by leveraging artificial intelligence and insight-driven analytics to optimize talent acquisition, enhance diversity, and offer flexibility in scaling according to shifting market demands. HireGenics is actively reshaping contingent workforce management with innovation and adaptability at its very core.
eTeam
With over 350 of the Fortune 1,000 as key clients, eTeam represents the next generation of managed services and total workforce solutions. For nearly two decades, the organization has offered its deep MSP capabilities to companies across the globe, while expanding over the years into new regional markets and adding deep offerings in SOW management and services procurement, integrated talent solutions, EOR and payrolling, direct sourcing, etc.
eTeam’s global suite of solutions extends to several innovative arenas, as its umbrella of organizations address many progressive attributes of the new world of work and talent. High5 is a market leader in direct sourcing and digital staffing, while Compass (EOR and payrolling) and Elevance, a next-generation compliance and risk mitigation tool, round out its arsenal. eTeam’s TOTAM solution is a unique take on total talent management as an innovative blend of freelancer management, digital staffing, DE&I automation, business intelligence, and VMS tools that converge within a robust technological infrastructure.
Rightsourcing (by Magnit)
The healthcare workforce faced its toughest challenge in 2020 and 2021 as the COVID-19 pandemic ravaged hospitals, burned out workers, and reimagined how this industry viewed its talent and expertise. An interesting facet of this vertical, however, was the fact that hospitals and healthcare facilities increased their utilization of non-employee labor and extended talent during this harrowing time, proving that, yet again, the contingent workforce could play “hero” during troubled times.
Rightsourcing (part of Magnit) fosters workforce innovation in the healthcare and life sciences verticals by allowing organizations to tap into external expertise and Best-in-Class contingent talent. With the power of Magnit’s Integrated Workforce Management (IWM) platform behind it, Rightsourcing is a market leader in the healthcare (and life sciences) industry with its cutting-edge managed services delivery and wide suite of offerings that enable businesses in these sectors with flexibility, agility, and Future-of-Work-era technology and automation. As the healthcare workforce evolves, solutions such as Rightsourcing will lead the path to optimizing talent, enhancing patient outcomes, and meeting the unique and critical demands of this intricate industry.
Graphite
The impact of digital staffing cannot be understated; Ardent Partners and Future of Work Exchange research underscores not only its evolution but also its rampant growth, as utilization of these platforms has increased by almost 800% over the past five years. This statistic serves as a testament to the profound impact these solutions wield within the Future of Work movement and the broader spheres of work and talent.
Enterprises aim to seamlessly connect top-tier expertise with the specific projects and initiatives that demand such capabilities. Graphite, an expert network provider, was established with the vision of uniting businesses with exceptionally skilled independent professionals using advanced matching capabilities, artificial intelligence, and comprehensive project oversight. Graphite represents a cutting-edge talent marketplace that prioritizes adaptability, nimbleness, AI-driven solutions, and the ability to expand the workforce as needed.
