Dunhill Staffing Systems’ Post

New Year, same purpose. Helping businesses succeed, whilst enhancing the quality of career and working lives of the people in them. The 2024 problem to solve? Talent as a constraint on business growth. ◾ Cost management. Most businesses are throwing money at people problems and overspending on hiring, conflict resolution, advice, benefits and HR software. Improving the partnership and analysis between HR and Finance leaders is imperative. ◾ Recruitment. Uncomfortable truth - it is never actually about salary, it wasn't the better package they went for, it was the better employer. Your competitive (hiring) advantage, lies in your Employee Value Proposition - establish it, grow it, and shout about it. ◾ Market Expectation. Clients will get even more discerning about who they engage with. Growing your employer brand, owning Glassdoor, and developing future focused policies around Sustainability, DEI and Wellbeing will be key. ◾ Tactical Workforce Planning. HR departments are simply not resourced to take on aligning the size, shape, and skillset of your workforce with the long-term goals of the business (Strategic Workforce Planning).  Engage with 3rd party support, or establish a dedicated role, to; assess your business and it's environment, gather talent intelligence, articulate the future state and create an action plan. #strategichr #talentplanning #businessgrowth2024

The traditional structures of employment are undergoing a profound transformation. The rise of contingent workers and the increasing demand for autonomy signal a need for companies to adapt to modern workforce needs. Yet, many organizations struggle to embrace this new model, leading to challenges in workforce integration and strategic planning. To navigate this shifting landscape successfully, companies must embrace strategies that prioritize flexibility, inclusivity, and seamless integration. Evolving management practices with innovative workforce models can help companies future-proof their strategies and ensure long-term competitiveness in a rapidly changing market. #AgileWorkplaceStaffing #Staffing #Hiring

5 Things Your HR Team Can Do to Prepare for a Potential Recession In today's volatile economic climate, it's crucial for HR teams to be proactive and strategic in preparing for potential downturns. Here are five essential steps your HR team can take to navigate through a recession: ↳ Leverage Analytics for Decision-Making: Harness the power of data analytics to make informed decisions about layoffs and workforce management. Analyze trends and metrics to optimize operations and potentially preserve jobs during uncertain times. ↳ Consider Contract Labor: Opt for contract labor for roles not requiring full-time employees. It's a cost-effective solution for getting quality work quickly without long-term financial commitments. ↳ Embrace Transparency & Communication: Open and honest communication is paramount. Sharing information, showing empathy, and expressing gratitude can significantly boost morale and loyalty during challenging periods. ↳ Do an Operations Deep Dive: Conduct a SWOT analysis to identify strengths, weaknesses, opportunities, and threats. Be flexible and explore creative solutions like role reassignments to retain valuable team members. ↳ Deploy HR Technology Now: Implementing advanced HR technology like Workday and Rooster can streamline processes, save time, and cut costs. These tools enhance efficiency and support effective workforce management. By focusing on data-driven decisions, flexible labor solutions, transparent communication, operational analysis, and advanced HR technology, your company can navigate economic challenges while maintaining employee loyalty and operational efficiency. Stay ahead of the curve and ensure your HR team is prepared for any economic scenario. Interested in upskilling your Workday workforce? #HRStrategy #RecessionReady #WorkforceManagement #HRAnalytics #ContractLabor

This post delves into the essential trends propelling the expansion of temporary and contingent workers, the methods to seamlessly integrate them into a comprehensive workforce strategy, and the reasons why the idea of the liquid workforce is set to lead the future of work. #UNLEASHWorld #contingentworkforce #directsourcing #totalworkforcemanagement

Seesawing market conditions bring in operational uncertainty. Scale your workforce up or down to stay on top of the economic situation with a #ContingentWorkforce. A #Flexible workforce is the optimal #RecruitmentStrategy to beat market volatility. Click here to learn more about the practices that help derive maximum value from a non-permanent workforce. https://lnkd.in/gJPVArzE

Learn why it is so important for businesses to understand contingent workforce trends. https://hubs.ly/Q02fR0PF0 #IES #EmployerofRecord #EOR #GlobalEOR #ContingentWorkforce #GlobalWorkforce #Global #WorkforceTrends #ContingentWorkers #Globalization #Employers #Compliance #TalentAcquisition #payrolling

In the face of today's economic challenges and unpredictable market landscape, the utilization of flexible workforce has become an essential strategy for organizations around the globe, says Nikhil Parva. Read more! https://lnkd.in/etki2Ewt

"Facing a tight labor market, businesses need to embrace a comprehensive strategy for success. According to RSM U.S., investing in #digitaltransformation, optimizing compensation and benefits, and effective human capital management are key. As an expert in #technology infrastructure, consider implementing these tactics to attract top talent and boost productivity in 2024! Listen now: https://buff.ly/3uk91MF #workforcechallenges #businessstrategy"

As we navigate the ever-evolving labor landscape, let's take a thrilling glimpse into the future of 2024! Here are 5 exciting predictions to watch out for: 1️⃣ Embracing more flexible work contracts: Say goodbye to rigid schedules and hello to work-life harmony! 2️⃣ Implementing new laws to clarify contractor classification in the U.S.: Clearing the path for fair and just employment practices. 3️⃣ Prioritizing DEI as a hiring metric for external talent: Building diverse and inclusive teams that drive innovation and success. 4️⃣ Increasing adoption of AI by both freelancers and managers: Unleashing the power of artificial intelligence for enhanced productivity. 5️⃣ Embracing a growing contingent workforce model, moving beyond traditional FTEs: Embrace the future of work with agile and adaptable talent. Discover all 10 predictions and stay ahead of the game for 2024! Get ready to thrive in the new world of work. https://lnkd.in/gEfDvNpk #WorkforcePredictions #FutureOfWork #WorkplaceTrends #2024Predictions #FreelanceManagement

Back in 2023, global uncertainties such as inflation, high interest rates, and geopolitical conflicts, coupled with a pullback in demand from the prior peak, posed challenges for the workforce solutions landscape. Here are some insights on how there is still a robust demand for various workforce solutions in 2024.... 👉 The global staffing industry experienced a 2% decline, contracting to USD 640 billion in 2023. 👉 Despite this contraction, the outlook for 2024 is optimistic, anticipating a 4% expansion in the global staffing industry. 👉 Talent platforms, facilitating connections between freelancers and work opportunities, demonstrated resilience, achieving a 3% growth to reach a market size of $17.3 billion in 2023. 👉 Payrolling and independent contractor evaluation and compliance providers witnessed a surge in business, marked by a notable emphasis on global capabilities and substantial venture capital investments. If you are a workforce solutions business looking to explore a potential sales process, then book a consultation here: https://hubs.ly/Q02fZ0tv0