The extended workforce has redefined how businesses operate. They have impressively widened the business scope by bringing multiple remote talents ready to take up challenges and collaborate for common goals within a cost-effective ecosystem. Yet, the extended workforce is left unnoticed. They get no reward or recognition for their extended services. Why?
For many years, the contribution of the extended workforce to the success of businesses has been ignored. This is because the world has tagged and perceived them as unprofessional, under-skilled, and under-qualified workforce. But this is not a fact; it is a misbelief that needs to be changed.
According to a survey, about 38.9% of independent contractors have a bachelor’s degree. Many businesses are functional today because of remote work setup that includes an extended workforce in the form of SOW-based contractors, specialists, consultants, and temporary employees.
An extended workforce consists of a pool of talent outside the organization, including contractual engineers, website developers, programmers, coders, UI/UX designers and more. Having access to an expanded workforce saves time and resources to focus on other important aspects of the business, such as expansion, growth, and more. Hiring Specialists and Consultants, in particular, can help organizations complete time-sensitive tasks.
The Specialists and Consultants can offer insight and analyses on certain projects that a traditional employee may not be able to provide. An extended workforce can also include seasonal workers for certain tasks, and they may be extended full-time job opportunities.
Organizations worried about the qualification and expertise of the contractual can go for SOW-based contract hiring. SOW, or a statement of work, is an agreement term that explains the deliverables and project goals. The agreement is created to keep everyone in the team on the same page about the scope of work, project expectations, and deadlines.
SmartSmith believes that having an extended workforce is crucial when it comes to the future of work. Look no further; our Vendor Management System (VMS) is an intelligent answer to the growing need for workforce agility so businesses can grab new opportunities.
To find out more about how SmartSmith can integrate the right VMS for your business; request more information today.
