HRO Today September 2016 - 60
Contingent Labor
In the meantime, clients are starting to think holistically
and act holistically. " We have seen some clients who
have started to embrace a more 'joined-up approach'
to recruiting, " Wadee says, adding that it's more
common in financial services, banking, and insurance.
" These organizations are looking at talent as a holistic
requirement rather than just only looking at their
permanent workforce. "
A holistic approach allows companies to choose workers
for the right reasons-not just to fill immediate needs
that could have been predicted, but instead to work
more strategically to manage the workforce.
" If you look at your contingent and your permanent
hiring as being in two buckets, you start to make solid
decisions, " Wadee says. " On the contingent side, you
don't have to panic because you have to fill a current role
and you go to the contingent market and you probably
overspread, and you don't necessarily have the right
build-up of knowledge and certain skills. "
Approaches tend to be different in certain markets where
talent is in demand. For example, unemployment in
Singapore is 2.8 percent. Companies often feel pressured
to ask themselves if they should be organizing themselves
around a contingent worker strategy or a permanentworker
strategy, Kapoor says, and tying them together
may be the best option.
" Bringing it all together makes complete sense, because
then you can have a holistic talent pool, " Kapoor says.
" The talent landscape in the region has different
variations, different flavors, by different countries in the
region, but [it's] absolutely all-essential and all-critical for
all of them to have this holistic map. "
For example, a large telecommunications company needs
talent support in nine regions and in five countries total.
Approaching permanent and contingent workers across
the board has produced success.
" We have this holistic talent pool where we're looking
at recruiting the permanent workers and also looking at
addressing the contingent workers, " Kapoor says. " And
that talent pool is all administered, governed, controlled
by recruiters. "
This allows hiring managers to divide up candidates that
weren't ideal fits for permanent positions and place them
into contingent assignments. This is especially effective
where talent is scarce.
[60]
HRO TODAY MAGAZINE | SEPTEMBER 2016
A holistic approach
allows companies to
choose workers for
the right reasons-not
just to fill immediate
needs that could
have been predicted,
but instead to work
more strategically
to manage the
workforce.
" Be open to exploring contingent assignments with these
workers (to) bring in that talent into the organizations
much faster and in a much more efficient way. And it's
operating today. And once the technology's all ready,
then it obviously falls in very seamlessly. "
HRO Today September 2016
Table of Contents for the Digital Edition of HRO Today September 2016
HRO Today September 2016 - 1
HRO Today September 2016 - 2
HRO Today September 2016 - 3
HRO Today September 2016 - 4
HRO Today September 2016 - 5
HRO Today September 2016 - 6
HRO Today September 2016 - 7
HRO Today September 2016 - 8
HRO Today September 2016 - 9
HRO Today September 2016 - 10
HRO Today September 2016 - 11
HRO Today September 2016 - 12
HRO Today September 2016 - 13
HRO Today September 2016 - 14
HRO Today September 2016 - 15
HRO Today September 2016 - 16
HRO Today September 2016 - 17
HRO Today September 2016 - 18
HRO Today September 2016 - 19
HRO Today September 2016 - 20
HRO Today September 2016 - 21
HRO Today September 2016 - 22
HRO Today September 2016 - 23
HRO Today September 2016 - 24
HRO Today September 2016 - 25
HRO Today September 2016 - 26
HRO Today September 2016 - 27
HRO Today September 2016 - 28
HRO Today September 2016 - 29
HRO Today September 2016 - 30
HRO Today September 2016 - 31
HRO Today September 2016 - 32
HRO Today September 2016 - 33
HRO Today September 2016 - 34
HRO Today September 2016 - 35
HRO Today September 2016 - 36
HRO Today September 2016 - 37
HRO Today September 2016 - 38
HRO Today September 2016 - 39
HRO Today September 2016 - 40
HRO Today September 2016 - 41
HRO Today September 2016 - 42
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