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11/10/2016
Every company can now be classified as a technology company, according to the Futurstep division of Korn Ferry, the people and organisational advisory firm, in its 2017 predictions for talent acquisition. According to the report, 40% of the US workforce will be contingent workers, or independent contractors, by 2020. However, the consultant cautions employers about using cost savings as the primary driver to increase the number of contractors.
Jeanne MacDonald, president, talent acquisitions solutions, Korn Ferry Futurestep:
‘Don’t expect to pay contingent workers less than full-time employees. While their hourly or contract rates are often more than salaried employees, employers are paying for a unique skill that only a few select people can bring to the table.’
The report also predicts that the concept of social recruitment will reach a new high in 2017 as recruiters look to new mobile apps to source and secure talent.