HRO Today April 2018 - 34

Talent Acquisition
adaptable in order to compete. Total workforce solutions
can help by providing HR teams with more accurate data
and analytics that can be used to predict future workforce
challenges and proactively plan for the future.
15%
of organizations today are investing in
total talent solutions.
Source: Aberdeen
For organizations that are considering taking the plunge
into a total talent solution, the potential benefits are
numerous:
* Better visibility. By combining recruitment process
outsourcing (RPO) and managed service program (MSP)
capabilities into one integrated platform, organizations
can gain full visibility over their entire talent spectrum-
from contingent workers to permanent employees in
both internal and external talent funnels. This blended
approach allows for smarter hiring decisions, leading to
higher efficiency and better quality of hires.
" A total workforce solutions approach gives leadership
a comprehensive view of their labor realities so they can
make better, data-driven business decisions. Segmenting
data and operations by worker classification is quickly
becoming an outdated methodology in an economy
where freelancers account for 35 percent of U.S. workers
and collectively earned $1 trillion in the past year. Getting
data and process flows out of employee classification silos
gives companies the flexibility they need to stay ahead of
their competition, " explains Peter Carvalho, president of
AgileOne.
* Clearer insights. In today's unpredictable and disruptive
business environment, organizations need to be agile and
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HRO TODAY MAGAZINE
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APRIL 2018
* Lower costs. " One of the biggest competitive advantages
of a total workforce solution is cost avoidance or cost
savings as a result of a holistic approach. If a hiring
manager has a need, then they can discuss that need with
their total talent provider. Collectively, based on market
insights, budget, and knowledge of the business, a well " A
total workforce solution platform will provide analytics
regarding production, time, quality, and cost among
others, including competitive compensation and market
intelligence. It would also bring visibility to succession
planning, internal mobility, and help business leaders
understand if they are achieving specifically identified
goals such as diversity, " says Lori Hock, CEO of Hudson
Americas at Hudson Global Inc.
Data obtained from a total workforce solution platform
can also inform other aspects of an organization's broader
HR strategy. " Through predictive analytics, companies can
look beyond just managing the business need, but also
glean how to effectively manage costs and productivity
as well as guide recognition and employee value
proposition, " Hock adds.
By 2020, organizations investing in total
talent solutions will rise to
60%
Source: Gartner

HRO Today April 2018

Table of Contents for the Digital Edition of HRO Today April 2018

HRO Today April 2018 - 1
HRO Today April 2018 - 2
HRO Today April 2018 - 3
HRO Today April 2018 - 4
HRO Today April 2018 - 5
HRO Today April 2018 - 6
HRO Today April 2018 - 7
HRO Today April 2018 - 8
HRO Today April 2018 - 9
HRO Today April 2018 - 10
HRO Today April 2018 - 11
HRO Today April 2018 - 12
HRO Today April 2018 - 13
HRO Today April 2018 - 14
HRO Today April 2018 - 15
HRO Today April 2018 - 16
HRO Today April 2018 - 17
HRO Today April 2018 - 18
HRO Today April 2018 - 19
HRO Today April 2018 - 20
HRO Today April 2018 - 21
HRO Today April 2018 - 22
HRO Today April 2018 - 23
HRO Today April 2018 - 24
HRO Today April 2018 - 25
HRO Today April 2018 - 26
HRO Today April 2018 - 27
HRO Today April 2018 - 28
HRO Today April 2018 - 29
HRO Today April 2018 - 30
HRO Today April 2018 - 31
HRO Today April 2018 - 32
HRO Today April 2018 - 33
HRO Today April 2018 - 34
HRO Today April 2018 - 35
HRO Today April 2018 - 36
HRO Today April 2018 - 37
HRO Today April 2018 - 38
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