Hiring for the holiday season is already well underway, and if you’re a brand supporting your retailer partners with staff, then you know how difficult it can be to hire and schedule such an enormous fleet of seasonal workers. When staffing, especially during the critical hiring season, it can be tough to create a balanced schedule to make sure you have enough talent in the right place at the right time.
Here’s where creating an on-demand workforce comes in to save your team valuable time and resources. An on-demand staffing model will allow you to tap into the skills of your entire workforce, both your existing employees and the flexible employees, while streamlining operations, cutting costs, increasing sales, and give you actionable data and insight in real-time to make better business decisions.
I just returned from the Staffing Industry Analyst annual Gig Economy conference in San Diego and here is a brief summary of what I learned. First, San Diego is an amazing city with probably the best weather in the world and I would say my #1 choice for a conference — so much better than Vegas!
Now, about the world of staffing — there were three main themes that were discussed in roundtable and panel discussions by leaders representing staffing/temp agency, online/gig platforms, and enterprise buyers.
What’s driving the movement for workforce flexibility? Millennials. According to a new study by Bentley University, 77% of Millennials say that flexible work hours would make the workplace more productive for people their age. The Millennial generation is made up of people born between 1981 and 1996 meaning that there are roughly 73 Million Millennials in the US workforce today.
There are some incredible new numbers this week from a report just published by insurance giant MetLife Inc. In it, they found that about 30 million Americans rely on “gig work” as their primary income source, and 67% of full-time employees indicated that they’re looking to move to more flexible work in the future rather than their current fixed traditional jobs. In addition, the report also found that another 15 million supplement their traditional, full-time work with freelancing.
If you manage a remote team of workers, then you know how hard it is to oversee your employees. Right now, you’re probably calling or emailing each employee to create their schedule and then, at the end of the week, manually sorting through timesheets and hoping all of the information on them is correct. What’s efficient about this process? Pretty much nothing.
Brick-And-Mortar stores aren’t going away. No matter how much you may read about the impending doom of the retail environment, the truth is that 90% of purchases are still made in a store. That’s huge! While overall, online sales as a portion of retail sales have grown year over year, it still only accounts for a small percentage of total sales. The shift to online only shopping is happening much, much slower than previously atticipated.
To leverage any flexible workforce effectively, you first need to ensure that that the right employee, with the appropriate skill sets, are doing the right jobs. this will provide an optimal balance between labor supply and labor demand, which will yield optimal ROI. If your workforce management process is not functioning effectively, flexible workforce optimization will be difficult, inefficient, and costly.
An on-demand workforce management program will allow you to harness your entire workforce, your existing employees and the flexible employees, while streamlining operations, reducing wasted time, cutting costs, increasing sales, and give you actionable data and insight in real-time to make better business decisions.
Overseeing a team of remote retail workers certainly comes with its challenges. It’s hard to know exactly where your budget is having the most impact or which of your employees are performing the best if you’re using slow, outdated management methods. Increasing sales of your brand at retail is always top-of-mind, but how exactly do you move the needle? Implementing talent management tools and one technology platform means that you can transform your talent into a more productive workforce. Here are 5 ways that technology can help you increase your retail sales – that you may not have thought of!
For management, making the transition towards adopting a contingent workforce model entails many considerations. Last week, we established some ‘Tips For Considering a Contingent Workforce’, such as knowing how to maintain control and utilizing technology to build an effective team. Here, we will learn more about how managers can keep their contingent workforce up and running through effective leadership.
As a society, we embrace instant gratification. We crave getting something the moment we realize we want it. I won’t speak for everyone, but the majority of us know this is true. Let’s discuss instant gratification as it relates to jobs and the trend of an increasing number of people jumping into the “on-demand” workforce.
162 million people – around 20 to 30 percent of the workforce are now working in the on-demand economy, according to research from the McKinsey Global Institute. As I stated above, we are a society that loves getting that something the moment, we realize we want it. What do you do when you realize there is something you want? You go online, order it, and either pick it up in-store or have it delivered as quick as the same day the order was placed. This alone is a major contributor to why there is a new way of doing business that is driving the on-demand economy.