{"id":4771,"date":"2022-01-24T15:28:14","date_gmt":"2022-01-24T15:28:14","guid":{"rendered":"https:\/\/indeedflex.com\/blog\/how-to-unlock-the-power-of-your-temporary-workforce\/"},"modified":"2024-03-22T11:16:33","modified_gmt":"2024-03-22T11:16:33","slug":"how-to-unlock-the-power-of-your-temporary-workforce","status":"publish","type":"post","link":"https:\/\/indeedflex.com\/blog\/for-employers\/how-to-unlock-the-power-of-your-temporary-workforce\/","title":{"rendered":"Leverage Temporary Workforce to get Through the Great Resignation"},"content":{"rendered":"<p><i><span style=\"font-weight: 400;\">From the digital skills gap and remote working to the widely pandemic related talent shortages, there is currently a race to establish a more agile staffing approach.\u00a0<\/span><\/i><\/p>\n<h2><span style=\"font-weight: 400;\">The current state of temporary workers<\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.cxcglobal.com\/wp-content\/uploads\/2020\/11\/2020-2021_CXC_CW_Global_Trends_Report-1.pdf\"><span style=\"font-weight: 400;\">77% of executives<\/span><\/a><span style=\"font-weight: 400;\"> believe freelance and gig workers will substantially replace full-time employees within the next five years.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">32% of organizations are replacing full-time employees with temporary workers as a cost-saving measure.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Less than half of executives believe their current workforce is adaptable to the new future of work.<\/span><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-1136\" src=\"https:\/\/indeedflex.com\/wp-content\/uploads\/sites\/5\/2024\/02\/2-warehouse-workers-6-scaled.jpeg\" alt=\"\" width=\"482\" height=\"321\" \/><\/p>\n<h2><span style=\"font-weight: 400;\">The blended workforce<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Combining full-time staff with a range of temporary workers enables businesses to be flexible and efficient, as well as sourcing more diverse talent and targeting specific skills. But how do businesses ensure they are implementing this talent strategy effectively? Looking at new research, Indeed Flex has put together your guide to unlocking the power of your temporary workforce.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">5 ways Temporary Workers Create a Competitive Advantage<\/span><\/h2>\n<ol>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Accessing talent more quickly<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Reducing staffing overheads<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Increasing flexibility unlocks new strategic possibilities\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Creating a greater diversity of talent<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Plugging the skills gaps<\/span><\/li>\n<\/ol>\n<h2><span style=\"font-weight: 400;\">How Businesses are struggling to make the most of their blended workforce<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">While a successful blended workforce can actively improve the workplace culture and employee experience of an organization, it\u2019s important to note that there is also a lot of opportunity for friction. Managing the development and deployment of a truly blended workforce involves a number of key factors.\u00a0<\/span> <a href=\"https:\/\/www.peoplemanagement.co.uk\/news\/articles\/only-one-in-five-employers-training-contingent-workers#gref\"><span style=\"font-weight: 400;\">According to recent research<\/span><\/a><span style=\"font-weight: 400;\">, one in five employers are currently failing to properly train their temporary workers. This generally undoes many of the benefits temporary workers offer, and the onus to provide training puts a burden on organizations.<\/span><\/p>\n<h3><b>Using too many suppliers creates friction<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">It\u2019s harder to keep track of costs across multiple partnerships.<\/span> <a href=\"https:\/\/www2.staffingindustry.com\/Research\/Research-Reports\/Americas\/Workforce-Solutions-Buyer-Survey-2020-Americas-Results\"><span style=\"font-weight: 400;\">According to Staffing Industry Analysts (SIA)<\/span><\/a><span style=\"font-weight: 400;\">, 68% of large companies cite \u2018consolidation of staffing suppliers\u2019 as a workforce management strategy currently in place in their organization \u2013 and a further 29% said it was a strategy they were likely to seriously explore within two years.<\/span><\/p>\n<h3><b>Misalignments between HR and procurement cause problems<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Limits visibility of your staffing, creating problems across the entire organization. Roles may not be filled when they need to be; budgets may be wasted; and employees may end up unmotivated because they aren\u2019t being communicated with effectively.<\/span><\/p>\n<h3><b>Managing costs requires careful attention<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">For many businesses, saving on staffing costs is the single most appealing benefit temporary workers offer.<\/span> <span style=\"font-weight: 400;\">In order to control costs and ensure a blended workforce is economically efficient, a clear financial strategy is necessary.<\/span><\/p>\n<h3><b>Strategic vision is vital to make a blended workforce work<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">To realise the full benefits of a blended workforce, there needs to be an overarching vision for how an organization&#8217;s staffing will evolve.<\/span> <span style=\"font-weight: 400;\">Just 35% of companies currently include temporary workforce as part of their strategic planning.<\/span><\/p>\n<h3><strong>Four Steps Businesses Can Take to Unlock Greater Value from your External Workforce<\/strong><\/h3>\n<ol>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Leverage technology<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Streamline your providers<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Focus on visibility\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Work on a long-term vision<\/span><\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>From the digital skills gap and remote working to the widely pandemic related talent shortages, there is currently a race to establish&#8230;<\/p>\n","protected":false},"author":32,"featured_media":3297,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[76,78],"tags":[],"class_list":["post-4771","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-employers","category-market-insights"],"acf":{"blocks":[{"acf_fc_layout":"text_editor","centered_text":false,"background":"","text_editor":"<p><i><span style=\"font-weight: 400;\">From the digital skills gap and remote working to the widely pandemic related talent shortages, there is currently a race to establish a more agile staffing approach.\u00a0<\/span><\/i><\/p>\r\n<h2>The current state of temporary workers<\/h2>\r\n<ul>\r\n\t<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.cxcglobal.com\/wp-content\/uploads\/2020\/11\/2020-2021_CXC_CW_Global_Trends_Report-1.pdf\"><span style=\"font-weight: 400;\">77% of executives<\/span><\/a><span style=\"font-weight: 400;\"> believe freelance and gig workers will substantially replace full-time employees within the next five years.<\/span><\/li>\r\n\t<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">32% of organizations are replacing full-time employees with temporary workers as a cost-saving measure.<\/span><\/li>\r\n\t<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Less than half of executives believe their current workforce is adaptable to the new future of work.<\/span><\/li>\r\n<\/ul>\r\n<p><img class=\"wp-image-1136 aligncenter\" src=\"https:\/\/indeedflex.com\/wp-content\/uploads\/sites\/5\/2024\/02\/2-warehouse-workers-6-scaled.jpeg\" alt=\"\" width=\"482\" height=\"321\" \/><\/p>\r\n<h3>The blended workforce<\/h3>\r\n<p><span style=\"font-weight: 400;\">Combining full-time staff with a range of temporary workers enables businesses to be flexible and efficient, as well as sourcing more diverse talent and targeting specific skills. But how do businesses ensure they are implementing this talent strategy effectively? Looking at new research, Indeed Flex has put together your guide to unlocking the power of your temporary workforce.<\/span><\/p>\r\n<h3>5 ways Temporary Workers Create a Competitive Advantage<\/h3>\r\n<ol>\r\n\t<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Accessing talent more quickly<\/span><\/li>\r\n\t<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Reducing staffing overheads<\/span><\/li>\r\n\t<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Increasing flexibility unlocks new strategic possibilities\u00a0<\/span><\/li>\r\n\t<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Creating a greater diversity of talent<\/span><\/li>\r\n\t<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Plugging the skills gaps<\/span><\/li>\r\n<\/ol>\r\n<h3>How Businesses are struggling to make the most of their blended workforce<\/h3>\r\n<p><span style=\"font-weight: 400;\">While a successful blended workforce can actively improve the workplace culture and employee experience of an organization, it\u2019s important to note that there is also a lot of opportunity for friction. Managing the development and deployment of a truly blended workforce involves a number of key factors.\u00a0<\/span><\/p>\r\n<p><a href=\"https:\/\/www.peoplemanagement.co.uk\/news\/articles\/only-one-in-five-employers-training-contingent-workers#gref\"><span style=\"font-weight: 400;\">According to recent research<\/span><\/a><span style=\"font-weight: 400;\">, one in five employers are currently failing to properly train their temporary workers. This generally undoes many of the benefits temporary workers offer, and the onus to provide training puts a burden on organizations.<\/span><\/p>\r\n<h3><b>Using too many suppliers creates friction<\/b><\/h3>\r\n<p><span style=\"font-weight: 400;\">It\u2019s harder to keep track of costs across multiple partnerships.<\/span> <a href=\"https:\/\/www2.staffingindustry.com\/Research\/Research-Reports\/Americas\/Workforce-Solutions-Buyer-Survey-2020-Americas-Results\"><span style=\"font-weight: 400;\">According to Staffing Industry Analysts (SIA)<\/span><\/a><span style=\"font-weight: 400;\">, 68% of large companies cite \u2018consolidation of staffing suppliers\u2019 as a workforce management strategy currently in place in their organization \u2013 and a further 29% said it was a strategy they were likely to seriously explore within two years.<\/span><\/p>\r\n<h3>Misalignments between HR and procurement cause problems<\/h3>\r\n<p><span style=\"font-weight: 400;\">Limits visibility of your staffing, creating problems across the entire organization. Roles may not be filled when they need to be; budgets may be wasted; and employees may end up unmotivated because they aren\u2019t being communicated with effectively.<\/span><\/p>\r\n<h3><b>Managing costs requires careful attention<\/b><\/h3>\r\n<p><span style=\"font-weight: 400;\">For many businesses, saving on staffing costs is the single most appealing benefit temporary workers offer.<\/span> <span style=\"font-weight: 400;\">In order to control costs and ensure a blended workforce is economically efficient, a clear financial strategy is necessary.<\/span><\/p>\r\n<h3>Strategic vision is vital to make a blended workforce work<\/h3>\r\n<p><span style=\"font-weight: 400;\">To realise the full benefits of a blended workforce, there needs to be an overarching vision for how an organization's staffing will evolve.<\/span> <span style=\"font-weight: 400;\">Just 35% of companies currently include temporary workforce as part of their strategic planning.<\/span><\/p>\r\n<h3>Four Steps Businesses Can Take to Unlock Greater Value from your External Workforce<\/h3>\r\n<ol>\r\n\t<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Leverage technology<\/span><\/li>\r\n\t<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Streamline your providers<\/span><\/li>\r\n\t<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Focus on visibility\u00a0<\/span><\/li>\r\n\t<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Work on a long-term vision<\/span><\/li>\r\n<\/ol>"}]},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Leverage Temporary Workforce to get Through the Great Resignation | Indeed Flex US<\/title>\n<meta name=\"description\" content=\"Discover how to unlock the power of your temporary workforce with Indeed Flex. Maximize productivity and efficiency with flexible staffing solutions.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/indeedflex.com\/blog\/for-employers\/how-to-unlock-the-power-of-your-temporary-workforce\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Leverage Temporary Workforce to get Through the Great Resignation | Indeed Flex US\" \/>\n<meta property=\"og:description\" content=\"Discover how to unlock the power of your temporary workforce with Indeed Flex. 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