Talent has long been an organization’s greatest asset; however, many businesses have only recently come to appreciate the real value of their workers. In light of ongoing talent shortages, more than a few companies have found themselves with bad hires and the consequences that come with them. Loss of productivity is just the first. Loss…
Read the full storyThe modern workplace has changed dramatically — along with the composition of today’s workforce. An increasing number of companies now rely on a mix of internal and external contributors to achieve business goals. In today’s ever-changing business environment, it’s necessary to increase flexibility by supplementing employees with temporary, project-focused talent. This contingent workforce often brings…
Read the full storyThe Asia-Pacific region (known as APAC) is a powerhouse of economic growth and technological advancement, presenting unmatched opportunities for U.S. businesses looking to expand internationally. In 2024, APAC is expected to be the fastest-growing region of the world economy, supported by domestic demand in East Asia and India. Additionally, GDP growth in the region is…
Read the full storyLatin America, a region rich with opportunity, beckons U.S. businesses with its vast potential. With burgeoning markets like Mexico, Brazil, and Argentina, this area offers a unique blend of cultural vibrancy and economic promise. However, expanding into Latin America involves more than just setting up shop. It requires a deep understanding of diverse international labor…
Read the full storyThe workforce management landscape is undergoing another major shift. The US Department of Labor’s final rule under the Fair Labor Standards Act on independent contractor classification went into effect on March 11, 2024 — proving everything that’s old is new again. This change in independent contractor classification has far-reaching implications for businesses, staffing suppliers and…
Read the full storyNot long ago, finding the right talent was about proximity. The common practice was to source from a pool within a certain mile radius of the office. It was seen as necessary for teams to do their work at a desk no more than a stone’s throw from their managers. The recent push for remote…
Read the full storyDirect sourcing has come to the forefront for businesses over the last few years. Demand for skilled, qualified talent simply outpaces supply, making it significantly more difficult to fill open roles. And when traditional recruiting methods prove ineffective, businesses must adjust. Perhaps unsurprisingly then, a 2023 Staffing Industry Analysts report revealed that 80% of large…
Read the full storyThe impact of AI on business and its potential for displacing jobs has been perpetrating a new cycle of fear, similar to the one experienced in the ’80s when advances in robotics left workers believing that their days were numbered. While some “technological unemployment” did occur and will likely occur again with AI, it would…
Read the full storyFor decades, staffing agencies have served as strategic partners for businesses of all shapes and sizes, offering myriad advantages beyond sourcing qualified talent — chief among them being liability. When working with a staffing agency, an organization doesn’t actually hire the worker. The agency does, and that employment status decreases potential liabilities for those organizations…
Read the full storyThe world of work is changing more rapidly than ever. This is as much because of new technology as it is the rapid evolution of employee expectations. For companies to stay ahead of this upward curve, it’s critical to understand the prevailing workforce trends of 2024. Here are some key trends I see gaining traction…
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