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Welcome to the Future of Work Exchange (FOWX)!

Ladies and gentlemen, Welcome to the Future of Work Exchange!

This site is the culmination of decades of time spent researching and developing the strategies, tools, characteristics, and attributes that have come to define the Future of Work movement, including talent, technology, and business leadership. Powered by global research firm Ardent Partners, FOWX is a first-of-its-kind destination for HR, talent acquisition, procurement, IT, and finance executives focused on the convergence of talent and innovation and the impact that the extended workforce has on business operations and bottom-line performance. FOWX aims to help executive leaders across all enterprise functions optimize how work is done, build the best talent management strategies and programs, and understand the complex technology landscape.

Ardent Partners defines the Future of Work as the strategic optimization of how work gets done through 1) the evolution of talent engagement, 2) the advent of new technology and innovative tools, and 3) the transformation of business standards. Businesses across the globe believe that many significant Future of Work shifts will force them to reevaluate their current work standards, policies, and general practices. All aspects of the Future of Work Exchange will touch upon these ideas and assist business leaders become truly agile and dynamic organizations.

Over the coming years, community members can expect a non-stop stream of great content from our team (and guest contributors) on topics such as digital staffing, remote work and hybrid work models, contingent workforce management, blockchain, artificial intelligence, diversity and inclusion, empathy-led business leadership, direct sourcing, and much more. Our groundbreaking Contingent Workforce Weekly podcast will also be simulcast here on the FOWX.

This September, we will more formally launch the site and introduce a host multimedia assets on the “Exchange,” including exclusive research, conversations with HR, talent acquisition, procurement, etc. leaders that are challenging the status quo and advancing the Future of Work movement, as well as technology leaders that bring a wealth of insights to the evolving world of work.

The Future of Work Starts Here!

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With the Workforce at a Breaking Point, What is the Role of Agile Talent?

The United States is at an interesting crossroads in relation to its total workforce: after historic unemployment and severe staffing disruption at a year ago at this time, most labor rates concerning FTEs would (typically) indicate that business is as close to a normal state. However, according to The Atlantic and stats from the Bureau of Labor Statistics, “more Americans quit in May than any other month on record going back to the beginning of the century.”

A choice to move away from a steady, paying job in the midst of a global pandemic may not seem like the best of moves. Back in the earliest days of the crisis, I remember telling some close friends (as well as a family member) that were unhappy in their current roles to look past the undesirable aspects of their positions until there was more clarity regarding the continued effects of the pandemic on the global workforce. (Please note: in any other circumstance, I would never offer this once-in-a-lifetime sage advice, namely because I’m a proponent of the talent experience, employee engagement, and both contingent and full-time workers enjoying a positive familiarity with their roles and where they fit into their current organizations rather than gutting out and trudging along in a business that leaves them and their skillsets unfulfilled.)

The US is in an enviable state when compared to the rest of the world. The vast, vast majority of the country has removed coronavirus restrictions, dropped mask mandates (minus medical and specific facilities, as well as public transportation), and generally celebrating a return to normalcy (even though there are still hundreds of deaths daily and an average of ~10,000 new cases a day, but I digress). The culmination of 16 months’ worth of workforce evolution (not all of it positive) has left workers at an odd tipping point: they are not afraid to leave behind less-than-desirable roles anymore.

There are clear delineations in the overall perspectives of today’s workers that could have major ramifications in the months ahead. First off, the majority of businesses are slowly figuring out the best approach (be it hybrid, fully remote, etc.) for its workplace environment. This will surely affect how businesses view corporate real estate, and, to a larger extent, how they strategize around which modes of work result in the most productive business outcomes. Businesses are at a tipping point regarding the value of new work models; no one executive fully knows what is best for its organization after a year of uncertainty. These leaders must experiment and leverage various models until the one, screaming best result is there…and then adopt it for good.

One of the major reasons why the workforce is facing a “quitting crisis” is because so many workers became accustomed to a workplace culture that fostered empathy, flexibility, and evolving ways of measuring productivity. Going back to a 9-to-5 grind, including brutal commutes on both ends, isn’t going to cut it for those workers that thrived during the pandemic and know that their top-tier skills are in-demand. Furthermore, business leaders cannot suddenly shift their emotional attitudes from “supportive” to “drill sergeant” just because it’s safer to welcome workers back to office.

A major fallout from these aspects could be a “reawakening” to the value of the extended workforce vis a vie the realization that workers don’t need to be in the corporation’s backyard to have a critical impact, nor do talented workers have to stay put in an environment that they do not desire. Simply put: the move to remote work (and additional workplace flexibility) opened many doors for non-employee talent and its influence on how work gets done. Take direct sourcing, for example; more and more businesses were willing to invite larger numbers of candidates into their talent pools for the sheer purpose of planning for a future when things were better. When economic conditions recovered, hiring managers could scale up their workforce by tapping into talent communities or talent pools.

Agile talent will play a critical role in the future of the global workforce. Labor market data may look promising on the surface, however, digging deeper only uncovers the fact more and more workers will choose flexibility and independence over a return to pre-pandemic workplace culture. Contingent labor has always been a strategic asset, and, as it continued to evolve into a truly dynamic means of getting work done, the post-pandemic workforce will shine as a direct result of an increased reliance on agile talent.

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The World is Nearing Normalcy, But Will the Workforce Ever Be the Same?

In mid-June, CNN’s collaboration with Moody Analytics (the “Back-to-Normal Index”) indicated that the United States economy is “90% of the way back to where it was before the pandemic began over a year ago,” a stark contrast to the heartbreaking days of last spring and summer. Air travel and transportation are actively reaching pre-pandemic levels, while some markets indicate that the global economy could mirror February 2020 by the very end of the year.

Consumers are certainly taking advantage of the COVID-19 vaccine boom, spending more and more of their funds on the goods and services that were mainly out of the question less than a year ago. This activity, perhaps, is the strongest indicator that we are, albeit slowly, getting things back to some level of what we could call “normalcy.”

However, the pandemic and its ramifications left an indelible mark on the workforce; the below shifts represent the fact that even though some elements of the world and businesses may return to normal, the workforce will never be the same:

  • The next mass exodus of women from the workforce is happening right now. Back in March on the Contingent Workforce Weekly podcast, The Mom Project’s co-founder and COO, Greg Robinson, predicted that we may see another mass exodus of caretakers from the workforce, especially moms. And a Washington Post article found that after the early COVID shutdowns, nearly 11.3 million jobs held by women “vanished almost immediately, as women are over-represented in the retail, restaurant, travel and hospitality sectors.” Add in the need to be home without proper, in-person schooling, and this is a recipe for disaster for women in the workforce…something that could take upwards of two-to-three years to return to pre-pandemic levels. Companies like The Mom Project are certainly helping to alleviate this issue (check out our conversation this past week with the solution’s Donna Yelmokas), and the advent of digital staffing solutions and talent marketplaces are enabling moms and other caretakers access to roles that fit within their schedules. However, it is also incumbent on today’s business leaders to cultivate a culture that is founded on flexibility and empathy to get back to those pre-pandemic points even faster and allow women, moms, and caretakers to bring their incredibly valuable skills back to the workplace.
  • And, speaking of flexibility and empathy, business leadership will never be the same. As the world evolves into a “new normal” (or whatever you want to call it), both longtime FTEs and extended/contingent workers are going to place evermore emphasis on the overall “talent experience,” a concept borne from an application of employee engagement and employee experience attributes applied to both employee and non-employee workers. Aspects like remote work, flexible hours, and an inclusive culture are all critical concepts for talented individuals seeking their next role (be it a full-time or contingent project). Business leaders must look to a “culture of flexibility” as the foundation to how they lead. Ardent’s upcoming State of Contingent Workforce Management 2021 research study also finds that 82% of businesses will provide more flexibility regarding worker lifestyle issues, including childcare/daycare, schooling, etc., in the year ahead.
  • “Alternative” channels of talent become primary means of talent engagement. Even though direct sourcing and talent pools were high-priority strategies going into 2020 (and before a worldwide pandemic), they became even more crucial when traditional means of talent acquisition (such as proper interviewing) weren’t possible. Today, direct sourcing represents an ideal means of converging top-tier skillsets and expertise and on-demand talent engagement in the same package, allowing businesses to funnel the best-of-the-best into segmented talent pools and talent communities. Too, the talent nurture aspects of direct sourcing enable businesses to foster strong communication with their candidates, ensuring a positive candidate experience even before these workers are engaged for a particular role or project. The “next normal” will see an exponential rise in the utilization of direct sourcing, for sure.
  • New and evolved work models form the foundation of the Future of Work movement. This all-encapsulating concept brings together the brightest of innovation from learnings over the past year, and the approach is multi-pronged: 1) understand which modes of talent engagement are best for the business based on the levels of skillsets required, 2) apply an analysis that can determine whether positions, roles, and entire divisions should be distributed/remote, 3) innovate around how productivity will be measured (with an edge towards outcomes rather than hours worked), 4) implement whichever new safety and health precautions that are required (which, yes, includes whether or not COVID-19 vaccinations are mandatory), 5) foster and cultivate a workplace environment of flexibility and empathy, and, finally, 6) determine the best possible alignment between digitization and human-led processes.
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Beeline’s Tech Expo Reinforces the Growth and Impact of the Extended Workforce

Going into 2020, 43.5% of the average company’s workforce was considered “non-employee,” a figure that was vastly larger than it was only several years ago. The COVID-19 pandemic accelerated many of the Future of Work movement’s most transformational attributes, including a renewed focus on digital transformation, diversity and inclusion, direct sourcing, and workforce agility. Today’s extended workforce, representing nearly 47% of the total workforce, has become a force unto it own, pushing businesses into a new realm of work optimization that promises to forever alter the alignment between talent and corporate initiatives.

Veteran Vendor Management System (VMS) provider Beeline has long been an innovator in the contingent workforce management (CWM) solutions arena, bringing progressive technology to an industry that continues to evolve in the face of incredible market shifts. Last week, the organization hosted its Technology Expo, which featured a series of demonstrations of its core product line and some early peeks at newer offerings, as well as a firm reinforcement of its recently-unveiled Extended Workforce Platform. (Check out our coverage of this recent news here.)

No matter what we call the evolving contingent workforce, its underlying impact is still that of a powerful, market-shifting force that drives competitive value and supports overall business agility. Tweaking its name just slightly to include “extended” is yet another natural progression for this industry; contingent workers are sometimes thought of as mere line-items or “faceless” workers across the greater organization. Calling this spectrum of talent the “extended workforce” reflects the symbiotic link between an enterprise and all of its workers and how that relationship enhances the very idea of how work gets done.

Beeline’s dedication to the technological revolution happening within the world of talent and work was on display during last week’s Expo, including remarks by longtime CEO Doug Leeby regarding “where” the company was in relation to the market’s powerful transformation. “Doesn’t matter how you get paid…in the end, it’s all about people,” said Leeby. “There’s myopia when we think about what VMS is, and we’re so much more than that. Resource tracking, SOW, contingent labor…those pieces are all vital. We just want to be a piece of something greater that has total focus on the individual and the talent.”

One of the highlights of the expo was the “high-volume workforce” session (led by frequent Contingent Workforce Weekly podcast guest Brian Hoffmeyer), which recapped Beeline’s recent acquisition of JoinedUp and how the new solution will help businesses better facilitate and manage its shift-based workforce. Beeline also reaffirmed its dedication to Future of Work movement attribute diversity, equity, and inclusion, with discussions around its deep Diverse Talent Cloud (DTC) offering (partnering with The Mom Project).

As businesses navigate the “next normal” ahead, they will require strategies, solutions, and technology that can effectively manage the full facet of its extended workforce in order to maximize the inherent skillsets and expertise offered by non-employee talent.

“Every person, given the right opportunity, has the potential for greatness,” said Leeby. “We want to put a spotlight on that talent. Every business, given the right talent, can truly drive great outcomes.”

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Prosperity in the Future of Work: Interview with Sunil Bagai, CEO of Prosperix

The Future of Work is founded on change, whether that change is natural evolution or innovative progression. The world of talent and work has been changing at a rapid clip with the advent of new talent acquisition strategies, shifts in how enterprises optimize how work gets done, and the overall transformation of global business.

Crowdstaffing, a longtime market leader in digital staffing and workforce management technology, was an early pioneer with its Future of Work-driven offerings. Just recently, the company rebranded as Prosperix, a solution that aims to “fuel human, workforce, and business prosperity.” I had the opportunity to chat with the provider’s CEO, Sunil Bagai, about the rebrand, the evolution of the platform, and his outlook on the Future of Work movement.

Christopher J. Dwyer: Sunil, thanks for chatting with us. For our readers, tell us a little bit about yourself and your background.

Sunil Bagai: I have over 25 years of tech experience at companies like IBM, Sun, and EMC, as well as multiple startups. I’ve been working in the talent acquisition space since 2005, and what I love most about it is the intersection between people and technology. Just like in the early days of the Internet, where hardware infrastructure was essential in providing everyone online access, I believe we are in the early stages of deploying similar infrastructure technology that will make it much easier to build and manage a workforce. We’re entering a very exciting time.

CJD: Let’s start with the big news first: Crowdstaffing has officially rebranded itself as Prosperix. Give us the lowdown on the evolution of the solution, the new brand, and what it all means.

SB: When we started Crowdstaffing, we wanted to emphasize the value of building network effects and how the power of the crowd can help in building scalable workforces. While that’s still core to what we do, we’re now inspired by a mission that’s even greater. We believe that hiring can play an instrumental role in helping businesses achieve their dreams and aspirations. Simultaneously, there is an opportunity to influence the design of the modern workforce so it can achieve a level of prosperity that hasn’t been possible in the past. With that in mind, we chose the name Prosperix to align with our long-term vision and mission of helping businesses build an extraordinary workforce and achieve outstanding outcomes.

The good news is that Crowdstaffing is not going away; It’s being transitioned into a product name for our Crowdstaffing Hiring Marketplace and Crowdstaffing VMS offerings. In addition to these core offerings, we have added new offerings to the Prosperix solutions suite, including Direct Sourcing, On-Demand Talent Pools, and a wide range of Workforce Services such as MSP, Payroll, and IC Compliance.

CJD: What strikes me as a major differentiator for Propserix is the sheer breadth of its offerings, from direct sourcing and talent pools to VMS technology.

SB: Our strategy has always been to solve the end-to-end problem of hiring and workforce management. Most clients have a very difficult time using multiple technologies. Not only does data end up living in different places, but you get a poor user experience and it’s very challenging to manage the entire workflow when you use different systems. We believe it’s better to provide a single solution that solves for all facets of workforce management, including talent branding and attraction, sourcing, candidate engagement and nurturing, applicant tracking, candidate assessments, vendor management, onboarding, and redeployment.

CJD: Why do you believe it’s so powerful to have a solution that can literally offer end-to-end workforce management functionality, from talent engagement to total workforce management?

SB: There are many advantages to an end-to-end workforce management solution. First, you simplify the hiring process substantially when you use a single technology rather than several disparate technologies. More fundamentally, you are able to access and utilize data far more effectively to achieve better hiring outcomes. For example, the best candidate can come from a supplier, an internal talent pool, or a variety of public talent pools. When you can see candidates across the entire ecosystem of hiring channels, whether it’s in your VMS, ATS, Talent Pools, etc., you can match candidates more effectively to open jobs, speeding up time to hire.

This is just the beginning. There are multiple other use cases that you can unlock, including large network effects, that are only possible when you impact the entire value chain.

CJD: We’re experiencing a much different summer than we did last year thanks to the business world somewhat returning to normalcy. How do you think the world of talent and work respond to the major shifts it experienced over the past year?

The new normal means that remote work is here to stay. Many businesses are hiring workers remotely even for core positions, especially if they are having a hard time finding talent in their local geography. To hire remote workers more effectively, businesses are requesting a more nuanced way to outline their needs, by specifying whether a position is Local Only, Remote with Local Access, Remote Only, or Offshore.

CJD: What’s the long-term vision for Prosperix?

SB: Our long-term vision is to fuel human, workforce, and business prosperity. We plan to accomplish this by developing innovative solutions that help businesses build and manage an extraordinary workforce.

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Future of Work Friday: A Collection of Thoughts and Insights

From time-to-time, it’s beneficial to take a moment to collect random thoughts regarding the Future of Work movement, since there’s so many varied pieces of the complex, evolving puzzle that is the world of talent and work. It’s been a whirlwind year thus far (can you believe it’s already JUNE!?), but the next six months promise to be even more impactful when business leaders think about talent, their workforce, and how work gets done.

  • This week, CNN reported that although unemployment rates are at their lowest since before the pandemic hit, there are still over 8 million job vacancies across the country. Retail, hospitality, light industrial, restaurants, etc. are the particular industries where the vast majority of these roles are open. Much of the discussion revolves around the deeper conversation of wage and compensation (and rightfully so), however, businesses in these sectors should seriously consider direct sourcing as an avenue to get candidates into the door, even if they’re not for full-time/longer-term positions.
  • My wife has worked in the veterinary industry for nearly 20 years. Over the past year, this industry has faced their biggest mass exodus of workers in its history. The main culprit? Employee burnout. Hospitals are so short-staffed that many roles in veterinary medicine, from doctors to specialists to veterinary technicians, are clocking incredible hours, all the while dealing with pandemic restrictions (clients not allowed into the building, hospital employees must come outside and retrieve animals, etc.). This is not the only industry in which its workers are facing extreme burnout. While much of the focus of the past year has been on the rollercoaster of boom-or-bust workforce scalability, business leaders should never forget that the biggest piece of the overall talent experience is whether or not its workers are running on fumes. Worker mental health and well-being should be at the top of the priority list when it comes to how executives manage their total workforce.
  • Last year, Ardent Partners predicted that the global business landscape would experience a sharp uptick in the utilization of non-employee labor as a direct result of the pandemic’s sweeping organizational ramifications. Going into 2020, 43.5% of the average organization’s total workforce was considered “contingent.” Today, that number sits at 46.5% and promises to grow as the transformation of talent and work continues. Furthermore, 82% of businesses direct state that the challenging times of 2020 created a bigger need for extended and non-employee talent. If there is one thing that the past 12 months has revealed, it is that workforce scalability is essentially linked to economic survival in the now-chaotic, hyper-competitive world of global business.
  • In mid-March 2020, safety took precedence over anything else in regard to traditional workplace environments across the world. Stay-at-home advisories, social distancing recommendations, and curfews/lockdowns ruled the day and forced businesses to push the vast majority (or all, in some cases) of its workers into a remote setup. I’ve been reading so many articles recently that state that the hybrid model (mix of in-person and remote work) won’t survive past the end of the pandemic. Well, these pundits couldn’t be more incorrect. Ardent’s research finds that businesses are expected to double the amount of its staff working remotely moving forward, a factor which not only takes into accounts the productivity and efficiency gains experienced over the past year via remote and distributed teams, but also the incredible flexibility that these setups offer.
  • Ninety-three percent (94%) of business leaders in Ardent’s upcoming State of Contingent Workforce Management 2021 research study stated that their agile or extended workforce is a critical and strategic facet of their organization. If anyone ever had doubts about its continued growth, this finding should alleviate that concern. By the end of 2022, nearly half of the global total workforce will be considered agile/contingent/extended.
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Why Diversity, Equity, and Inclusion Need to Be Core Future of Work Tenets, Part III

Over the past two weeks, we’ve discussed why diversity, equity, and inclusion (DE&I) should be considered core tenets of the Future of Work movement. Diversity, equity, and inclusion represent, perhaps, the most important of the strategy-led Future of Work tenets and deserve a rightful place in the pantheon of work optimization approaches. Diverse workforces, inclusive workplaces, and an overall environment of equity can pay massive dividends for businesses seeking to spark innovation within their total talent community.

Diversity, equity, and inclusion have become top-of-mind priorities for businesses in regard to their workforce. New and exclusive Ardent Partners research finds that:

  • 94% of businesses are focused on transforming their workplaces to be more flexible and inclusive.
  • 62% of businesses have injected DE&I and workforce culture into their plans for future innovation.
  • Nearly 65% of businesses plan to, over the next two years, create a “Chief Diversity Officer” role within their enterprise.

I once again spoke with several technology leaders across the contingent workforce, digital staffing, and HR arenas for their unique perspectives on DE&I as core Future of Work tenets:

Dan Beck, COO and Co-Founder, Utmost

“I’ll take this one step further: DEI needs to be more than just a future of work tenet, but it needs to be a core business strategy. In the same way that enterprises have focused on purchasing from diverse suppliers, we’re seeing a trend of enterprises looking at the DEI composition of the workers themselves. 

While HR certainly plays a role, DEI is an overall organizational initiative that requires investment from all teams and especially leadership. To truly reap the performance gains of an inclusive workplace, it needs widespread adoption and not just from the workforce management side of an enterprise.”

Saleem Khaja, COO and Co-Founder, WorkLLama

“When we have conversations about DE&I, I begin with questions, a lot of questions. First: “What is the core problem we trying to address?” Once an organization hones in on the problem statement, a plan can be developed to move forward. The most common problem statements include “How do we hire diverse talent, treat diverse talent equally, or ensure we are inclusive?”, “Is the new generation of workforce going to evaluate an organization based on the organization’s approach to DE&I?” Therefore, to be successful organizations must make DE&I core tenets of their culture and policy. Is awareness one of the problems to solve? Immersive training for all employees with scorecards to measure progress is key.

DE&I is more of a people, process, culture, and policy problem to solve as opposed to a technology problem if you exclude reporting, delivery, or training/measuring, and eliminating bias in AI.

From that standpoint, I am also having a lot of conversations around bridging the income gap.  Regardless, if it is this question or one I have already mentioned, I believe addressing the supply of diverse talent starting at ground zero is at the core. Building, nurturing, and growing a diverse talent pipeline should be a key pillar in an organization’s DE&I strategy. This means making investments in facilities and infrastructure; providing affordable access to education and training; etc. Hiring diverse talent contributes towards this, but at that point an organization is dealing with qualified talent – finished product, so to speak. Impactful DE&I strategies focus on talent at its origin and not just the finished product.”

Patrick Dunn, Chief People Officer, Bluecrew

“Diversity, equity, and inclusion remain an essential component of any elastic workforce strategy. These qualities reinforce a culture that attracts and retains quality talent, the foundational catalyst to drive forward looking innovation and strategy. For an elastic workforce, the diversity of perspectives that come from strong DEI initiatives can ensure the workforce prioritizes the right work and delivers productive results. The studies that offer compelling evidence that DEI improves team performance have reinforced personal experiences where monocultural teams suffered from blind spots and tone-deaf messaging. And because anti-diversity forces are so pernicious and self-reinforcing, you can’t make progress without conscientious commitment to DEI. Only prioritizing these goals with a core tenet encompassing empathy and DEI, will set an organization up to do the right thing and maximize opportunities.

It is also important to recognize that diverse hiring is impacted at every level by unconscious bias. Data-driven hiring practices, which de-emphasize traditional human-to-human interviews, put everyone on an even playing field and leverage the data that workers provide as part of their behavioral assessments and screening questions to evaluate their potential. Scientifically crafted assessments have proven to be better at determining worker performance than human interviews and using these techniques can remove bias and interference in the hiring process. In doing so, workers are judged only on their performance with the complete removal of factors like race, gender, or other protected class.  We are proud that Bluecrew is made up of Crew Members with a wide range of skills, experiences, cultures, and viewpoints. The diversity that they represent is a genuine strength that can only be leveraged when they can bring their authentic selves to work everyday.”

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Why Diversity, Equity, and Inclusion Need to Be Core Future of Work Tenets, Part II

Last week’s article discussed why diversity, equity, and inclusion (DE&I) should be considered core tenets of the Future of Work movement. Although the Future of Work is often synonymous with automation- and innovation-led attributes, the truth is that strategy-fueled principles are just as critical as their technological counterparts. As we wrote last week:

“Diversity, equity, and inclusion represent, perhaps, the most important of these strategy-led Future of Work tenets and deserve a rightful place in the pantheon of work optimization approaches. Diverse workforces, inclusive workplaces, and an overall environment of equity can pay massive dividends for businesses seeking to spark innovation within their total talent community.”

I once again spoke with several technology leaders across the contingent workforce, digital staffing, and HR arenas for their unique perspectives on DE&I as core Future of Work tenets:

Jody Mohammed, Vice President, Partnerships and Solutions, Geometric Results, Inc. (GRI)

“DE&I is no longer considered buzzword bingo but rather this important initiative has elevated to a business imperative. This essential, crucial focus has the attention of the C-Suite and we see enormous investment in hiring not only DE&I leaders to establish policies but the importance of partnering with talent partner organizations that deliver against the goals. Companies now expect their partners to deliver a diversified workforce and provide the data to demonstrate trends/progress. Simultaneously, top talent is assessing an organization’s DE&I DNA and when evidence is presented, it is much easier to attract and retain talent. We see significant investment dollars in this important area and know it’s a journey. By engaging with talent partners who are committed and have a mature strategy of attracting and hiring diverse talent, we are contributing to the client’s goals and objectives. Clients’ internal focus, commitment, and training on DE&I means they are better equipped to recognize signs of bias and exclusion and act. This concerted effort to design policies within our clients is delivering teams that diverse in their thoughts which is netting greater innovation, a positive brand and culture.”

Judy Ellis, Head of Diversity, Equity, and Inclusion Advisory (Americas), AMS

“There’s no denying that business leaders are placing a greater emphasis on diversity, equity and inclusion (DEI) within their workforces. When we consider the future of work, leaders will need to adapt and evolve their talent acquisition strategies to take into account not only the make-up of the workforce of tomorrow, but also what each segment seeks from a potential employer. Changing demographics will be an extremely important consideration in the ‘Future of Work’ movement and, as a result, dynamic workplace strategies will be needed to manage the changing expectations of future talent which will skew across each new generation. Younger generations, for example, are more in tune with an employers’ brand, mission and vision, and a commitment to DEI will be a key influencer in affinity for prospective employers. And if we look at demographic predictions from the Economic Policy Institute, which predicts that by 2032 people of color will become a majority of the American working class, employers will also have to adapt their strategies to reflect this. As groups that were once underrepresented look likely to become the majority of the workforce, their unique needs, perspectives, and contributions will have even more importance and therefore must be considered in future talent acquisition strategies.”

“With the rise of contingent populations, business leaders will also need to take this growing segment of the workforce into consideration when developing future strategies. Many of our clients are actively doing so and there is certainly a deeper appreciation for how diversity within contingent populations can positively impact diversity within permanent employee groups. This is not only because of the propensity for contractor conversion – which allows workers to almost ‘test’ a company’s culture – but also because in some leading organizations there are more contingent resources than permanent employees. Consequently, at a time when different segments of the workforce – including emerging generations and underrepresented groups – are undoubtedly placing culture and a clear commitment to DEI as key requisites of a future employer, employers must ensure that their workplace strategies reflect this.”

Catherine Candland, President, nextSource

As a certified woman-owned business enterprise, diversity and inclusion is always front of mind at nextSource.   We strive to provide an inclusive culture within nextSource, where 45% of our staff identify themselves as being members of a diversity category.  We actively recruit MWBE, Disadvantaged Small Business, and Veteran-Owned suppliers.  nextSource has for many years conducted a supplier diversity nurturing program in which we leverage our buying power to increase the competitiveness of minority suppliers, encourage customers to automatically include diversity suppliers for Tier 1 distribution, and we share market intelligence data and business development leads.  To ensure candidate diversity, we launched a Community Workforce Development program to recruit and place workers from within disadvantaged neighborhoods.  We assign a community liaison who partners with representatives from community/civic organizations, business groups, churches, technology centers, educational institutions, cultural centers, local media, and government agencies. And, we work closely with each client to ensure the smooth transition of minority candidates into their workforce. 

However, we recognize that achieving a truly diverse, inclusive culture does not happen without continuous focus and innovative initiatives.  We conduct internal training to ensure that our staff has the knowledge and skills needed to manage culturally and demographically diverse groups.  We then serve as diversity advocates with our clients, helping to build programs that work effectively across differences and support diversity, equality, and inclusion.

Rasmus Pedersen, VP Customer Experience, Diversity and Inclusion Lead, Pontoon

“At Pontoon, we help our customers activate their Diversity, Equity and Inclusion strategies by providing candidates who are representative of the communities our customers serve. When our customers have an inclusive culture where people can truly bring their full self to work, our ability to attract diverse talent increases dramatically, as does our customers’ ability to innovate.”

“You cannot talk about innovation without also discussing diversity. At its core, innovation is about serving the unmet need of your customer base, current or future. To enable innovation, you must ensure your workforce is representative of the communities you serve and the customer base you pursue.”

Kevin Poll, Global Head of Strategic Partnerships, D&I Champion, WillHire

“By 2023, over 52% of the workforce will be made up of freelancers. With this being such a large portion of an organization’s total workforce, those organizations which are committed to D&I must consider their diversity and inclusion strategies across all categories of workers.”

“Millennials will dominate the workforce by 2025 (75%) and most of them prioritize diversity when evaluating work engagements.  We have all heard the phrase “war for talent” and recognizing the importance of diversity and inclusion to the talent supply chain is critical to attract and engage great talent.”

Nina G. Vaca, Chairman and CEO, Pinnacle Group

“In addition to DE&I being the right thing to do – always and forever – there are three critical reasons to include it as a core tenet in the Future of Work movement. First, it upgrades your talent. Second, it makes you a more desirable place to work. Third, more diverse organizations consistently outperform their peers. I simply can’t think of a more obvious strategic imperative for any organization than to elevate its DE&I strategy.”

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Why Diversity, Equity, and Inclusion Need to Be Core Future of Work Tenets, Part I

If you’ve listened to the Contingent Workforce Weekly podcast over the past few years, you may have heard me utter this phrase many times: when it comes to the Future of Work movement, non-technological attributes are just as critical as technology and innovation. Aspects like flexible business thinking, transformative leadership, and an overall agile culture can be just as crucial to an enterprise as the new technology they leverage to get work done.

Diversity, equity, and inclusion represent, perhaps, the most important of these strategy-led Future of Work tenets and deserve a rightful place in the pantheon of work optimization approaches. Diverse workforces, inclusive workplaces, and an overall environment of equity can pay massive dividends for businesses seeking to spark innovation within their total talent community.

I spoke with several technology leaders across the contingent workforce, digital staffing, and HR arenas for their unique perspectives on DE&I as core Future of Work tenets:

Brian Hoffmeyer, SVP of Market Strategies, Beeline

“Leaders should place the same (or – frankly – more) emphasis on DE&I when compared to other Future of Work topics because, first and foremost, it is the right thing to do; we believe that companies and individuals have an imperative to ensure that historically underrepresented people are treated inclusively and equitably. Second, diverse teams win – study after study shows that more diverse teams and companies out-innovate and outperform those who are not. Finally, based on the first two reasons, there is so much opportunity to drive DE&I initiatives in the extended workforce as these programs often lag their full-time counterparts and companies can more quickly hit their DE&I goals due to the transitive nature of this critical part of the workforce.”

Allison Robinson, Founder and CEO, The Mom Project

“By 2025, millennials will make up 75% of the workforce, and they are the most diverse in American history. If you aren’t actively creating a diverse and inclusive environment for future talent that is front and center in every aspect of your business and culture, you will miss out on this talent. Technology investment and digital transformations mean little without the commitment to a more diverse workforce behind them to drive results.”

David Trachtenberg, Chief Marketing Officer, Workforce Logiq

“For too long, organizations have focused their DE&I programs on dollar diversity – their percentage of spend with diverse suppliers. While important, there must be equality of focus on an organization’s most critical asset: its people. An organization’s talent, both contingent and full-time, must reflect the broader sense of community in which it works – and from which it recruits. It’s the right thing to do, and it’s good for business. For example, our proprietary AI-powered insights quantify how visibility in the workplace impacts employee retention: women are over 1.5X more at risk and open to leaving their current role vs. their male counterparts when there are fewer women colleagues represented in their workplace. So, while technology, innovation and other Future of Work aspects are key areas of focus – DE&I is a proven investment to ensure organizations have the engaged talent with which to succeed.”

Rebecca Perrault, Senior Director, Diversity and Inclusion, PRO Unlimited

“Diversity, Equity and Inclusion (DE&I) has been a topic for the traditional workforce for decades. Research has shown that a diverse and inclusive workplace increases revenue growth and the ability to innovate gives you access to highly qualified talent. Ultimately, we are talking about dynamics that impact people and will see the same amazing results from a focus on DE&I in the workforce of the future. It is long overdue that the contingent workforce be included. The workforce of the future is rapidly expanding and presents a huge opportunity for organizations as they consider their business strategies. Now is the time to embed DE&I —  not after the processes have been instituted. To fully realize all the many benefits of DE&I, we need to seize this opportunity.”

Brooke Stovall, Inclusion and Diversity Marketplace Manager, Allegis Global Solutions

“A strong DEI strategy is vital to an organization’s ability to attract and retain great talent. And in the Future of Work, your ability to leverage technology, innovate and evolve at today’s accelerated pace of change hinges on your ability to attract and retain a talented and engaged workforce.

The challenge that arises from bringing DEI into the conversation as a core tenet of the Future of Work movement is that unlike a lot of conversations around technology and innovation, DEI cannot be automated. Developing, nurturing and prioritizing a truly inclusive culture that prioritizes belonging takes sweat equity. It involves conversations and evaluating processes and cultural norms, and bringing DEI into more conversations beyond HR.

Globally, the DEI conversation has expanded from a focus on talent attraction – sourcing, networking, recruiting – to talent retention. It is not enough to bring diverse hires through the door, if the environment and culture they’re coming into isn’t one that prioritizes inclusion and belonging, which are core to the employee experience. It is a financial and time investment to hire someone, you want (and need) them to be successful.

A challenge to business leaders emphasizing DEI like other aspects of the Future of Work, is that you can’t automate or purchase a technology to do all of the work for you. While quantitative and qualitative data and analysis is required to identify gaps and opportunities, and help you track progress, the real work on inclusion and belonging in the workplace requires sweat equity from people across the organization. Inclusion and belonging is everyone’s responsibility, requiring active participation from the highest levels of the company to people a few desks over.”

Maria Luoni, President, RightSourcing

“The past few years have brought to the forefront that a focus on diversity is only part of the equation.  Inclusion is another. Both of these concepts will remain a top focus for organizations in years to come.  Equity is something altogether different. Many innovative organizations are also focusing on the idea of “equity” as part of their overall strategy. This focus in the workplace will be a magnified topic as organizations are being called to operate with a deeper level of transparency around compensation reporting, board representation, harassment reporting, advancement and other talent management practices.”

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What Does 2021 Hold for the Agile Workforce and the Future of Work? (Part II)

Last week, we discussed the many tenets of the Future of Work that will play invaluable roles in 2021, including diversity and inclusion, direct sourcing, new talent channels, the depth of transformational business thinking, flexibility- and empathy-led leadership, and the overall impact of new technology and innovative solutions.

I once again spoke with several contingent workforce, HR, and talent acquisition technology leaders over the past week to gain their perspectives on what’s in store for the Future of Work and the agile/extended workforce in the months ahead:

Murali Mazhavanchery, VP of Product, Utmost

“The Future of Work is here. Clearly, we now know that new business models and workforce dynamics are needed – and that means almost all of what we know is not useful. Agility in all dimensions is the only certainty – and that starts with the talent to run these businesses. What is the talent profile I need, how much, when, and where do I need them, and what do they cost? The organizations that thrive in 2021 and beyond will be the ones that embrace flexibility in talent – using a mix of employees and extended workforce, direct employment, direct sourcing, staff augmentation, and strategic services – and have extreme elasticity in logistics such as location, hours, and qualifications. This requires enterprises to define a continuous, always-on process that involves multiple channels, pipelines, and worker scenarios. To enable this transformation, there’s an acute need right now for modern, purpose-built technology that manages large ecosystems of workers and worker channels that each look and act very differently.”

Geoff Dubiski, Chief Solutions Officer, Workforce Logiq

“Leveraging a unified brand, remote and agile work engagements, and the prospect of a boundary-less talent pool – Contingent, FT, and Gig – allows organizations to challenge traditional hiring mindsets; the benefits of total talent acquisition is closer than you think.”

Sunil Bagai, CEO, Crowdstaffing

“We are seeing trends that businesses are increasing their use of direct sourcing to take advantage of their existing talent pools like their Career Website, ATS, Alumni and Referral Networks, and Silver Medalists, as well as extend their reach into additional talent pools like online marketplaces, job boards and other digital sources to more effectively search for the right candidates across a variety of available talent pools. Not only does direct sourcing improve hiring outcomes, but it provides tangible cost savings.”

Mike Wachholz, CEO, Geometric Results, Inc. (GRI)

“As organizations wrestle with the “post-pandemic” work paradigm, those companies that are best positioned to bring relevant jobs at the right moment to candidates will win the competition for top talent. In addition to flexibility in work location, and perhaps more importantly, is how organizations find, engage, vet, and attract the right talent. By leveraging a Direct Sourcing model and proactively developing and cultivating private talent pools, companies will be on the front foot in 2021 when it comes to talent engagement.”

Chris Johnson, Director of Industry Strategy, Checkr

“Jeff Bezos once said, “Customers are always beautifully, wonderfully dissatisfied. Even when they don’t yet know it, customers want something better, and your desire to delight customers will drive you to invent on their behalf.”

This intense focus and desire to meet our growing consumer expectations has conditioned the world to expect access to instant data driven results in the palm of their hands.  The most successful retailers have sophisticated systems that enable real time access to availability, pricing, peer reviews, and additional product recommendations that give us insights that simply can’t be had in the brick-and-mortar experience. 

This expectation has become table stakes for all of us in almost everything we do from ordering food to finding a vacation rental.  Think about names like Uber, Amazon, and AirBnB…now think about how integrated these brands are in our daily life.  We “Uber” to work, we “Prime” a red dress, and we stay at an “AirBnB” on vacation.

You can use any of these services with just a few clicks and in less time than it takes to order a coffee.  They have compressed processes that took multiple steps and people into ones that take minutes and are now self-service – This is the “Sign up Culture” and what the modern candidate expects.

Staffing agencies are now adapting to this world of dissatisfied consumers. The growth of signup culture combined with the unprecedented digital shift of 2020 has changed the job market forever. Agencies that want to keep up need to understand what has changed and how it impacts them. You have a split second to capture a candidate’s interest. That means staffing recruiters have to think like marketers.”

Tim Meehan, Global Head, Innovation Lab at Pontoon Solutions

“When it comes to talent pools or, Talent Rivers, as we call them at Pontoon, finding talent with a just-in-time approach is the most effective way to proactively establish, develop and maintain a selection of screened, pre-selected candidates for our clients. Talent Rivers incorporate workforce demand, D&I targets and strategic routes to new candidate markets.”

Joey Frasier, Co-Founder and CEO, Shortlist

“Shortlist has always been a family-first organization out of necessity but also believe that in order for our talent to bring the best to our customers they first needed to be ‘whole’ themselves – mentally and physically. The challenges of 2020 demonstrated more than ever that getting the best out of people isn’t about balancing work and life but instead integrating our family into our work. The pandemic, economic crisis, social injustice debates have made it clearer than ever that organizations can’t treat people as ‘just workers’ but need to focus on talent as whole individuals. I feel confident that the organizations that will be most successful in the year(s) ahead will be those that decide that a family-first culture, where health is the top priority, and that is a manager’s top focus day-to-day.”

“The past year has unfortunately shown us how “at risk” contingent labor can be as most organizations made quick cuts to contractors as they were the easiest line item in the budget to reduce spend in. That said, there is a new recognition that global health crises, global social unrest and related or unrelated global economic disruptions can all affect businesses and their supply chains more rapidly than ever before. Therefore, in the year(s) ahead, I believe that organizations are going to be more focused on improving their Capital Workforce Agility – or simply stated, the amount of total talent spend that is flexible and agile (contingent) vs fixed (full-time employees) is going to continue to increase in favour of flexibility and agility. This isn’t a negative but a positive for talent. Organizations will need to enhance their focus on improving how they engage with this non-full-time workforce and how they ensure mutually beneficial relationships with this talent as they’ll want to be the “first choice” or talent when multiple opportunities come up. Workforce capital agility and overall workforce capital efficiency will be a top C-Suite priority across all functions with a priority place on HR and finance.”

Taylor Ramchandani, Product Manager, VectorVMS

“Something we have been asked more frequently about by our clients is how to move from having diverse suppliers to having a more diverse candidate base. I foresee over the next year increasingly more interest in tracking and measuring diversity and inclusion in the contingent workforce and using that data to identify gaps in not only engagement but attraction of candidates.”

“We have seen organizations work in interesting ways over the past year to keep up with the changes that have been thrown at us. We have seen our clients turn to talent pools to help them manage furloughed staff, create pools of pre-credentialed healthcare staff, and bring back alumni talent to reduce ramp-up time and save cost.”

Bernie Caputo, President of Contingent Workforce Solutions, Atrium

“Imagine the strength of talent acquisition when you connect our dedicated recruiters to your brand influence and existing resources to rapidly fill temporary roles — without additional overhead, but with significant cost savings.”

Kelly Couto, Vice President of Enterprise Solutions, Atrium

“As the rise of remote work removes sourcing barriers, and social responsibility shifts corporate mindsets from value streams to valuing the people who influence them, the possibilities of a flexible workforce are boundless.”

Marlon Rosenzweig, CEO and Co-Founder, WorkGenius

“Digital staffing and traditional staffing models are converging. Talent is working remotely and online platforms process W2s just as well these days. Finding the right talent is key and while humans may have an edge at it, that edge is declining as technology gets better and better. Hybrid models of humans and machines provide for a smooth transition in the meantime.”

“Fractional employment requires new models for mortgage underwriting, health insurance pricing and more. While some of this will be taken care of by the free market, governments should ensure not to get in the way of providing freelancers with the freedom they sought in the first place when becoming freelancers.”

Jan Alexander Jedlinski, Founder and CEO, Gustav

“The staffing agency and recruiter market will see a massive digital transformation. Staffing agencies and their talent supply will become more accessible online through deployment platforms. Staffing agencies and recruiters who will adapt to this shift will look more like talent curators and use technology to provide faster access to available talent for their end clients.”

“Staffing agencies and recruiters will have a massive opportunity to put millions of people back to work. You will see technology and services around the traditional staffing agency model evolve. The agency will become a talent curator and technology platforms and services like EOR will play a dominant role driving the operations for the agency in the background.”

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