A growing number of companies — 80%, in fact — are turning to contingent workers for even the hardest-to-fill roles, and the trend won’t likely go away any time soon, with 65% of businesses planning to increase their use of contingent workers in the next few years. Much of this trend is a direct result of labor…

Picture this: Your in-house team lacks a specialized skill set that an upcoming project requires. You’re considering bringing an independent contractor into the mix to fill the void. It sounds like an obvious solution, right? Hold on! The path to engaging an independent contractor is fraught with complexities that you might not have considered. If…

Over the last few years, the number of companies making the decision to hire internationally has grown exponentially. For many, the reason comes down to money. Companies can often save on payroll while still hiring qualified talent at a fair wage when sourcing overseas. Others go this route as a means of expanding their talent pools. Without…

Hiring is complicated enough when you’re only dealing with one country; start crossing borders, and you open your business up to a host of challenges and considerations. Employment laws vary from country to country and state to state, bringing a number of differences that affect types of contracts, rules on paid leave, termination notices, and…

Over the last few years, businesses have adopted more strategic sourcing funnels to seek talent. Contingent workers, or contract workers, are one component that’s become increasingly critical for engaging labor with the skills and expertise needed to meet operating requirements. Many companies actively source these workers overseas to further expand their talent pools. Due to its…

In today’s competitive talent market — where the rate of quits increased by 2.6 percent from April to May 2023 and employers are feeling pessimistic about talent availability in the next five years — companies that rely too heavily on traditional talent acquisition might find themselves missing out on top talent. This is because traditional…

History shows that the business landscape is always evolving, sometimes at breakneck speed. These shifts often lead to drastic changes in business strategies, long-term goals, and the strategic function of operations, which generally result in new HR trends. One such trend is the increasing reliance on employer of record (or EOR) service providers. These third-party organizations…

The rise of remote work has triggered a shift from conventional recruitment strategies toward new, cutting-edge hiring methods. In addition to other strategies, companies now attract top talent by offering remote or hybrid options, contracting with freelancers, and onboarding contingent workers. Additionally, to align themselves with an increasingly globalized business landscape, companies are expanding into new markets…

Navigating the various rules surrounding the engagement of independent contractors can be a daunting task for companies in general. If you then add to that the complexity of operating in multiple jurisdictions, that will be enough to leave even the more seasoned professionals feeling quite overwhelmed by the numerous restrictions and requirements they must observe.…

Fears of an economic downturn have a way of prompting companies to hit pause on a handful of strategic initiatives — talent acquisition included. Combine such uncertainty with rising interest rates, high inflation, and an unexpected banking crisis, and it can surely bring about a complete reevaluation of staffing needs. That’s at least what the…