Freelancers, consultants, contingent workers, part-time employees -- these non-traditional workers make up the liquid workforce. And they’re an increasingly powerful component of today’s forward-thinking businesses.
The liquid workforce has become a major force in today’s businesses. Headlines spend plenty of time talking about freelancers, ICs and consultants, but this trend is about much more than headlines. 70% of businesses are using some part of the liquid workforce.
When it comes to tracking time for contingent workers, businesses have it down pat. But actually managing the liquid workforce? Well, there’s some work to do.
The workforce has changed pretty rapidly over the last five years or so. As more workers move from standard, full-time roles into fluid engagements with employers, the ability to effectively scale and maximize your talent investment has never been more profound. These workers have been (or are currently) referred to as contractors, freelancers, and temp employees, among other titles.
As the staffing industry continues to evolve at a rapid pace, some of the tools, technologies and processes you’ve leaned on for years are changing too.
If you haven’t heard of the liquid workforce, don’t worry. In all likelihood you have not only heard of the liquid workforce, you engage with its members nearly every day.