The 95%: Shifting Focus to the Majority of Your Extended Workforce feat. Facebook's Colin McDonagh
Contingent Workforce Radio14 Jan 2021

The 95%: Shifting Focus to the Majority of Your Extended Workforce feat. Facebook's Colin McDonagh

Most enterprise systems and processes for managing external talent focus primarily on temporary contingent staff. Whether it be the vendor management system (VMS) or the managed service provider (MSP), the solutions are designed for a narrow portion of the entire extended workforce. In some organizations, this is only about 5% of the external worker population while the rest of that workforce includes Statement-of-Work-based worked, outsourced vendors, and other independent contractors.

Erika Novak, Head of Client Services at Utmost, will chat with Colin McDonagh, International Contingent Workforce Business Partner Manager at Facebook, and explore why businesses should have full visibility over their entire talent mix. Companies should be including the larger populations (the 95%) into their purview and create visibility, centralize processes, collect data, and define success metrics.

He will share with us why you can’t just focus on the 5% of the workforce, how you can begin to build systems for the majority of the external workforce, and why this approach is even better for hiring managers.

Below are a few questions that you can expect to be discussed:

  • Why are we focused on the 5% of the extended workforce?
  • What unique problems are faced with the other 95%?
  • What is the ideal state in managing this entire workforce? How can we get there?
  • What data is missing and what does success look like?
  • How does a CW Program, CWBP, or HRBP help in this case?
  • How can hiring managers create an ideal mix of internal and external talent?

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Connect with Erika on LinkedIn

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