In a constantly changing world, successful organizations must become more flexible. Successful organizations must develop contingency plans that allow them to shift their resources rapidly.
What is a Contingent Workforce Strategy?
A contingent worker is a worker who can easily be released by a firm. Most are contracts or temporaries. They are often superior to permanent workers but are easier to release if needed. This is a huge advantage to a company.
A contingent workforce strategy means an organization intentionally integrates a percentage of contingent workers into their permanent workforce. This integrated strategy gives managers an increased capability to cut labor costs whenever necessary.
Contingent workers can increase your short term capability while keeping your long term costs low. It is wise to increase the contingent/permanent ratio of workers to avoid layoffs of long term permanent workers while still ensuring the flexibility needed during challenging times.
For more information on developing a contingent workforce strategy contact your Wal-Staf Account Manager.
Bob Walther
President/Founder/CEO
Wal-Staf Personnel Services
www.wal-staf.com
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