Three Drivers of Contingent Workforce Need
Shake the sand from our shoes, the forecast is looking good. Let’s even celebrate successfully dragging ourselves out of the quicksand surrounding the worst recession in 75 years. After quite a few years of pawing and scratching ourselves back to the surface of staffing and recruiting stability we have cause to breath. No, even chuckle. Alright, let’s do it. Let’s just go ahead and crack a smile.
Why? Well among many growth indicators in our sector, Staffing Industry Analysts say it best: “The U.S. temporary employment penetration rate matched its all-time high of 2.03 percent in November… The rate of 2.03 matches the all-time high set in April 2000, at the height of the dot-com economic boom.”
Temporary jobs are on the rise! Yet if there is a single lesson we’ve learned from recent post boom collapses it is to be implicitly aware of our surroundings. Knowing the market drivers of the contingent workforce boom can help us to see the world in a single grain of sand. Ultimately our awareness can help us make sound operations decisions.
I talk with savvy staffing and recruiting clients and Bond colleagues every day. And we usually agree that there are many drivers of the growing need for a contingent workforce. These are 3 of my personal favorite drivers because they truly speak to where we’ve come from, where we are and where we are destined to be.