According to a recent survey by the global HR services company Randstad, "More than half of global human capital leaders expect to transfer one-third of their permanent positions to contingent roles in the near future ..."
More than 700 global human capital leaders responded to the Randstad survey.
The study press release has an interesting quote on the growing role contingent talent is playing:
"Companies are increasingly embracing gig workers, and even robots, in their overall workforce to address the increasingly tight labor market in the U.S. and around the world," said Rebecca Henderson, CEO of Randstad Sourceright. "While in the last decade contingent workers have been viewed very differently as compared to full time positions, today's companies are welcoming the opportunity to employ a more agile workforce, particularly as a greater number of gig workers embrace flexible work practices as well."
The report also cites talent scarcity as a major issue and one of the reasons companies are turning to contingent workers.
69% of the respondents said the talent gap is widening and will create greater challenges in the near future, while 25% consider talent scarcity to be their largest concern.
In response, corporations are looking far and wide for needed talent. 74% of those surveyed believe the right person for the job may be an employee, contractor or contingent worker from anywhere in the world.
Many companies are also increasing their training efforts. About half of the respondents said they've increased budgets for their training and reskiling programs.
None of this data comes as a surprise. But it's another confirmation of the trend towards the growing use of contingent labor by corporations.
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