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Elements of a Successful Contingent Workforce Solution
Contingent workers are a whole different ball game from on-payroll employees, so it’s important to think about a specific strategy for onboarding, classifying and managing this part of your workforce. Technology can play an essential role here, handling elements such as:
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Direct Costs of Hiring New Employees:
Indirect Costs of Hiring New Employees:
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Many enterprises love the idea of working with freelancers more, but in reality — it’s too much hard work for their teams. Specific challenges include:
With staff augmentation services, a lot of these challenges are bypassed automatically. Staff augmentation services will have a pre-vetted pool of expert talent, which means you don’t need to sift through dozens or even hundreds of applications or profiles. Compliance is usually part of the vetting process, so you can onboard new workers quickly and help them get started with a project immediately. Staff augmentation services will have a record of who you have worked with, and a constant stream of new talent for specific needs.
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For individuals, labor laws include any legal issues that relate to the individual worker and their employer. Individual labor laws include:
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There are a few different types of 1099 forms that you may hear about, including:
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