Sourcing Talent in Today’s Fast-Paced “Freelance” Economy

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Talent Solutions in a Freelance Economy

As more and more information workers pursue independent careers — and more SMBs pursue this independent talent to scale their businesses efficiently — new business models are emerging to address the challenges and opportunities of this “freelance” economy. The challenge, for independent consultants, is to achieve visibility in a crowded playing field. From an SMBs perspective, the ability to leverage the skills and experience of independent talent, on-demand, can be a game-changer. The challenge for them? How to locate, qualify and engage this talent efficiently.

Projex IMC has the solution …

Projex IMC addresses the challenges faced by independent talent AND the businesses seeking their skills and experience. Our Talent Solutions are designed to efficiently and affordably connect professional and technical resources with businesses in need of their services. Our unique, project-based professional/technical services marketplace combines the benefits of project coordination through a single source (Projex IMC), highly-experienced, U.S.-based project managers, and globally-sourced independent talent.

We recruit and pool talent within a purpose-built network, providing a convenient, one-stop, web-based destination for SMBs to identify, qualify and connect with professional and technical service providers.

We train and certify contractors in our network, and we provide a common set of tools that can be used to manage client projects and their interactions with subject matter experts. Our process helps clients achieve greater returns on their project-based investments, in the shortest possible time frame. It also simplifies the entire service delivery experience; from locating and qualifying talent, through engaging their services and managing the billing process. We also eliminate the potential risks of worker mis-classification.

All projects are coordinated through our Virtual Operations Center, allowing clients to engage directly with individual contractors. Projex IMC can also bundle multiple resources to create a project team, add project management services, and even build an internally led, externally staffed Department-as-a-Service.

Strategies and Technologies Driving the Next Generation Workforce

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Talent and Technology for Next Generation Workforce solutions

According to a recent Wall Street Journal report1, the percentage of U.S. workers not directly employed by the company where they work grew from 8% in 2005 to 16% in 2015. This next generation workforce is typically contracted under flexible, third-party employment arrangements.

At the stated growth rate, nearly 25% of the U.S. workforce will become “contingent workers” by 2022 and 35% by 2025. Other studies conclude that this next generation workforce is already at 30%. There are many factors driving this mega trend. On the talent supply side, there is a growing desire for flexible schedules, transferable skills and more control over career paths. On the demand side — particularly with SMBs — there is a need for fixed cost flexibility, on-demand skills and a rapid response capacity for disruptive market changes.

Next Generation Workforce Technology Solutions

The rapid migration toward project-based work has profound implications for those directly affected, and for society in general. Information workers, especially, will need to embrace changes in the nature and location of their work. Society, as a whole, will need to adapt to a new definition for the term “career,” and to new, cloud-based technology solutions that can support remote work without losing efficiency. Virtualized infrastructure, eBusiness platforms, virtual office environments and remote collaboration tools will be needed to make this next generation workforce effective.

These technologies should help transform a loosely coupled contingent workforce into a well-structured opportunity … both for SMBs seeking flexible talent solutions, and for the skilled workers who make up the “human cloud” of talent that fills the demand for project-based work.

1 WSJ 2/4/17 The End of Employees, Laveen Weber