The Contingent Workforce Shift

How prepared are you for one of the biggest workforce shifts in the next 2-3 years?

By Jane Kennelly, Director, Frog Recruitment, 18th September 2012

With the recent Australasian Talent Conference (ATC) in Sydney last week, the topic of contingent workforces is well and truly on the forefront of organisations and individuals minds. The optimum blend and utilisation of the contingent workforce provides organisations with significant competitive advantages including:

•    Cost reduction and greater value generated
•    Increased productivity
•    Increased agility and alignment
•    Reduced risk
•    Improved experience for all stakeholders
•    Continual improvement

The contingent workforce typically represents approximately 25% of the total workforce, so the need for an optimised and integrated HR and recruitment strategy is a challenge for businesses today.

For individuals wanting steady work, stepping into the contingent workforce is the way forward. According to futurist Kevin Wheeler, employers “are reducing their reliance on permanent workers. This doesn’t mean they aren’t employing. It just means people are being employed in different ways… more firms are developing a workforce composed of larger numbers in contractors, temporary workers and consultants”.

Wheeler also suggests that individuals need to become comfortable being independent, change their mind set and create a personal brand for themselves. This shift in the market poses an opportunity to assess individual’s skills, challenge yourself and do something you’ve always wanted to do.

Connect with Jane online through Twitter: 1frog | LinkedIn:


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