I talk to hiring executives from Fortune 500 corporations to small businesses on a daily basis who have been dealing with downsizing, mandatory employee furloughs, unpaid vacations, pay cuts, etc., in an effort to cut costs while trying to retain key employees and productivity. In seeing a few signs of the recession ending in the later part of 09 some companies are planning their workforce for the future, “Flexible Workforces”. A recent report from Littler predicts that up to 50% of the workforce added in 2010 will be made up of one form or another of contingent workers, up to 35% could be temporary, contract workers or project based labor.
In an effort to be positioned for growth when the economy turns around some of our clients are strategically planning which of our contract staffing services will give them the ability to staff up or down quickly supporting their business functions as well as their strategies in long term project planning. Over the years the benefits of temporary/contract staffing have been proven time and time again in thousand of dollars saved in payroll expenses, taxes, insurance, employee benefits and most importantly the ability for companies to retain and attract key, talented individuals.
In my twenty plus years experience in the staffing industry I have never seen a time more important than now for companies to look at their workforce today and plan how they are going to position themselves to be competitive and productive with a “Flexible Workforce” going forward.
Companies need to plan for the future now. . .
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