A recent survey of human capital leaders from 17 countries found that 25% of companies are reclassifying permanent roles to contingent positions. This is good news for the 55% of working professionals who say they are open to nontraditional work arrangements.
Randstad Sourceright’s 2019 Talent Trends research also found that 76% of businesses are likely to implement a total talent approach to staffing this year. Companies most likely to migrate to a total talent management model include automotive and manufacturing (86%), life sciences and healthcare (85%), and banking and financial services (76%).
“Businesses and people are thinking about work in a fundamentally different way,” says Rebecca Henderson, CEO of Randstad Global Businesses and executive board member. She notes that business can respond more quickly – and workers can enjoy more flexibility – when employers increase their contingent workforce.
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