HRO Today March 2021 - 54

Contingent Labor
pandemic is we're looking at the engaged contingent
workers, we're looking at their end of assignment date,
we're bumping it against fluctuations in the census, and
we're predicting and overlaying that with reported new
COVID cases. So, we're helping advise our clients on a lookforward
forecasting basis, " Luoni explains.
The company has also worked to ensure that its clients are
strategic in their efforts to bring back furloughed workers,
making sure as they tap into new and existing full-time
talent, they maintain relationships with their contingent
staff so that they will not be left short-staffed in the event
of another surge.
2
Expand available talent pools. In addition to talent
planning and advising, MSP partners are helping
their clients expand talent pools in a fluctuating
environment.
For example, RightSourcing is developing new graduate
programs to build talent pipelines. The company is also
leveraging its robust analytics and multi-channel sourcing
approach to deliver the best candidates in a rapid,
streamlined, and hassle-free way, identifying where clients
need talent most urgently and creating floating pools of
workers that can travel throughout organizations to meet
the flexing demands of different hospitals and clinics.
" Because we're a vendor-neutral MSP, we don't own a
staffing company, " says Luoni. " Not only do we have
robust scorecarding supplier management protocol, but
we augment that with daily huddles, increased technology
about open requisitions, and forced ranking of the most
urgent requisitions. "
According to Luoni, RightSourcing works with its suppliers
to identify geographical pockets of volume for certain
positions so that hiring teams can better focus their work
and recruit in bulk. This allows suppliers to take a very
targeted approach to recruitment, driving a high applicant
to accepted candidate ratio.
With remote work likely to become a permanent option
for many companies, Trachtenberg says that this ability to
identify pools of talent across geographies is more critical
than ever.
" The COVID crisis has also unlocked a unique opportunity
for employers to expand their geographic boundaries
as they hire and rehire workers. This trend significantly
expands the available talent pool, as organizations are no
longer restricted to markets within commuting distance
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HRO TODAY MAGAZINE | MARCH 2021
from office locations. The ability to find the best talent
at competitive rates regardless of where they live also
improves their ability to attract and hire a larger pool of
diverse candidates by expanding the front-end of their
talent pipeline, " he says.
Workforce Logiq is meeting this need through its IQ
Location Optimizer™ and IQ Talent Diversity™ AI-powered
solutions. These tools help recruiters navigate remote
work transitions, build diverse talent pools, and optimize
candidate searches, allowing clients to go where the talent
is rather than focusing recruitment efforts in their own
cities.
3
Offer technology to streamline hiring processes.
Technology that enhances the hiring process is not
a new business priority, but one that has become
top of mind as organizations tackle talent acquisition
in a remote environment. As a result, MSP partners are
expanding the capabilities of their technology suites to
better serve their clients and offer a more streamlined
hiring experience.
For example, PeopleScout has developed a total workforce
solution approach to hiring that allows companies to view
the entire spectrum of talent in one platform. " For one
PeopleScout client, we combined our RPO and MSP teams
and built a consolidated data and analytics dashboard.
This allowed us to reallocate candidates between
permanent and contingent roles as needed, and it gave
our client the ability to make strategic decisions with a
total talent view, " says Lacey.
Contingent hiring declined by 56%
in the first half of 2020 but quickly
returned to pre-COVID levels by
July, resulting in a 9% increase
year-over-year by September.
Source: PRO Unlimited, Fall 2020 Labor Market Report
https://www.prounlimited.com/resource_labor_market_report_fall_2020.php
HRO Today March 2021

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