In 2023, several challenges and trends shaped the staffing and recruiting industry, from talent shortages and inefficient recruitment processes to the pressing need for diversity, equity, and inclusion initiatives that extend to contingent workers. People2.0’s top blog posts of the year offer strategic insights that address these challenges head-on and provide actionable solutions for the modern workforce landscape.
Answering Your Questions: People2.0’s Role in The Global Talent Marketplace
Theme: Strategic Partnerships for Workforce Engagement
Challenges: Workforce Classification, Talent Shortages
Because People2.0 is in human capital management but we are not a talent supplier, there is often some confusion as to what we do. Managing a globally distributed workforce poses significant challenges to talent suppliers. That’s why we offer innovative human resource compliance solutions that cater to an array of clients who connect workers with work. This blog post answers questions about People2.0’s role, directly addressing the challenge of classification by ensuring compliant engagement with contingent workers.
EOR v. AOR: What’s the Difference?
Theme: Streamlining Workforce Management
Challenge: Inefficient Recruitment Processes
At People2.0, one of the most common questions we’re asked is, “What is the difference between employer of record (EOR) and agent of record (AOR) services?” This question often comes from ambitious businesses in our industry looking to expand. This post directly addresses the challenge of inefficient recruitment processes, guiding businesses on making informed decisions for outsourcing the back office.
What’s an Employer of Record (EOR) and Who Needs One?
Theme: Mitigating Risks in Global Expansion
Challenges: Talent Shortages, Skill Shortages
Global expansion is a high-risk, high-reward game. While talent platforms are becoming an increasingly popular way to directly source and manage workers, the legislative landscape of the global talent marketplace is getting more complicated every day. This post takes on the challenge of managing an international workforce and explains how businesses can expand globally with the help of an EOR, simplifying contingent workforce compliance.
What’s an Agent of Record (AOR) and Who Needs One?
Theme: Enhancing Flexibility in Talent Sourcing
Challenges: The Continued Growth of the Freelance Economy, Inefficient Recruitment Processes
Finding more effective ways to engage with the contingent workforce is crucial to your growth as a talent supplier. One of the most common ways to streamline engagement is by partnering with an agent of record (AOR). But what is an AOR and how do you know if you need one? In this blog post, we introduce the concept of AOR. We distinguish it from an employer of record (EOR), explore its benefits, and identify when partnering with an AOR is necessary.
Unlocking Success: 4 Fundamentals for Growth in the Staffing and Recruiting Industry
Theme: Strategic Growth Amidst Competition
Challenge: Competition in the Staffing and Recruiting Industry
The staffing and recruiting industry is a highly competitive space. If you want to stand out as a go-to talent provider, growth is essential to your visibility. In this blog post, we provide insights and guidance on some of the key factors that determine success, including setting smart goals, choosing a growth strategy that aligns with your risk tolerance, and planning for the unexpected.
Promoting Diversity, Equity, and Inclusion for Workers on Assignment
Theme: Fostering Inclusion in a Flexible Work Environment
Challenges: Poor Workplace Engagement, Lack of Branding
As most talent suppliers know, the positive impact of diversity and inclusion is no longer up for debate. Research from top consulting firms, including McKinsey, Deloitte, and BCG, all reveal that businesses prioritizing diversity and inclusion are significantly more likely to be innovative, adaptable, and, therefore, more profitable.
While many businesses are working to address these issues for their permanent employees, the contingent workforce is often left out of the conversation. Non-permanent workers on assignment can feel the effects of poor diversity and inclusion initiatives more acutely due to the nature of their work arrangements. In this blog post, we explore strategies for creating more inclusive work environments for all workers.
Contract Recruiting Simplified: Strategies for Success
Theme: Diversifying Services for Financial Potential
Challenges: Outdated Strategies, Lack of Speed
Whether you’re a new recruiting firm ready to broaden your horizons or an experienced recruiter looking to diversify your services, contract recruiting presents a world of exciting opportunities and financial potential. Traditionally dominated by large companies, the contract recruiting landscape is rapidly evolving.
With increasing demand for temporary workers and a shift towards flexible job roles, contract recruiting has become more accessible to small-to-mid-sized firms and independent recruiters. This blog post offers insights into the basics of contract recruiting, compliance considerations, and marketing strategies. It directly addresses the challenges of outdated strategies and the need for diversification in services.
Build Your Search and Recruiting Firm’s Value through Outsourcing
Theme: Strategic Outsourcing for Growth
Challenges: Navigating the Multi-generational Workforce, Managing an International Workforce
Understanding your firm’s value goes beyond mere financial evaluation. Your valuation serves as a strategic guide, aiding decisions, attracting potential investors, and facilitating significant business maneuvers like mergers and acquisitions. This post covers the basics of increasing your valuation so you can improve market positioning, stand out in the industry, and increase your negotiating power. It directly addresses the challenge of poor workplace engagement by offering a strategic approach to build a firm’s value through outsourcing.
At People2.0, we are committed to providing innovative solutions for the challenges faced by the staffing and recruiting industry. At our core, we believe in fair treatment for all workers and strive to be an indispensable ally for talent suppliers including search and recruiting firms, consulting firms, and enterprise companies. Let us help you streamline your workforce management, mitigate risks in global expansion, enhance flexibility in talent sourcing, and unlock success in a competitive industry.
