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Randstad-Sourceright-human-cloud-platform-HCP-white-paper-180522

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Today, many independent workers and freelancers have the opportunity to find work directly through an HCP on a contract or project basis, regardless of their particular tax classification. These various platforms — such as freelancer management systems (FMS), on-demand platforms, and online marketplaces, for example — can serve as the company's own pool of talent, reaching directly to freelancers without necessarily involving staffing agencies for contingent workers or suppliers of statement of work (SOW) talent. The FMS can also now integrate with a company's vendor management system (VMS) to become a part of, not an addition to, the organization's talent supply base. This broader access to talent is particularly important as today's available talent increasingly embraces freelancing as a career path by choice. The flexibility of work is appealing across all generations and life stages, including those who are in or near retirement, parents returning to work, millennials and Gen Z, for example. High-skill workers, who often value new and challenging projects over continuous employment at the same company, may also favor flexible work arrangements. Likewise, changes in healthcare and benefits options and the support of associations can encourage flexible work arrangements, and HCP technologies are providing ease of access to new opportunities for flexible workers. a complete workforce strategy. 3

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