The Challenge
As workforce trend toward a 50/50 Internal-External mix, new challenges have raised that limit HR leaders in gaining visibility into the skills, costs, and availability of both internal and external talent pools.
Job Title Taxonomy Ability to compare external and internal workforce based on roles, skills, and experience is very challenging. While there are several similarities between employee and extended workforce, comparing them across cost, risk, and productivity is incredibly challenging.
External Labor Visibility Today, 68% of non-employee labor is unaccounted for in enterprise budgeting, planning, and forecasting. This leaves a big void in the strategy and operations of HR teams.
Determining Workforce Mix Getting the right people in the right roles at the right time in the right place for the right price has never been more confusing. Most HR leaders lack the framework that helps them decide the right workforce mix for the work outputs to be delivered to the business.
Partnership HR leaders are required to partner with procurement and finance leaders more than ever before, but the metrics that can inform this partnership leave much to be desired.
Seeing is believing
Curious to see how other companies manage the economics of their workforce? Schedule a live demo with one of our TDX Experts.
Seeing is believing
Curious to see how other companies manage the economics of their workforce? Schedule a live demo with one of our TDX Experts.
