Staffing Industry Analysts: companies shift permanent roles to contingent.

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.

Read the full article in Staffing Industry Analysts, and see what else is changing when you download your copy of the Q3 2019 issue of Talent Trends Quarterly.