Elevate is sponsoring the Contingent Workforce Summit 2015 in Amsterdam and it is a big deal. It’s a big deal to us, but we will come back to that later, it’s also a very big deal to the contingent staffing industry as a whole. Buyers, sellers, planners and vendors all together under one roof for what looks like an intense two days of networking coupled with an engaging conference agenda delivered by some real thought leaders and experts.
Why is it such a big deal?
As the demand for contingent workers continues to increase year after year to a forecast of 25% of the global workforce by 2024 conferences like CWS 2015 provide major opportunities for organisations to ensure that their contingent workforce programmes and planning are bomb proof, bullet proof and going to be able to withstand what their business, industries, governments and economies are going to throw at them.
Elevate are huge champions of the contingent worker. Whether temp, IC, SOW or otherwise we believe this workforce sector has become fundamental in more and more ways to the world economy. This advancement of a critical workforce should be celebrated and CWS 2015 gives us a chance to do that.
However, as Spring potentially arrives in London it is clear to see that it’s not all rosy in the garden. Basic economic laws of demand and supply could dictate that buyers might be in store for a tougher time sourcing and securing talent as the economies continue to improve across different global regions. In the UK demand for Independent Contractors and other contingent workers is increasing across most sectors. There is already data from those clever people at Innovantage, Broadbean and SIA showing a year on year trend that contingent placements in Jan 2015 were down compared with Jan 2014 but vacancies were up, a strong sign of under supply of workers.
Sourcing and recruitment is really only one of the areas where contingent workforce planning will be under pressure, it just happens to be the area we are experts in. Other challenges lay ahead in the staffing industry as a whole. From changing landscapes in tax as well as legal considerations and increased compliance, there is no shortage of areas to be addressed and questions to answer.
So what’s the deal and what has it got to do with CWS?
CWS provides the platform for these real world issues to be aired, shared and understood. The conference agenda steers us towards some of these key drivers and provides various opportunities for us all to further what we know and how we might approach some aspects. My personal anticipated highlights are both on Tuesday with the Cutting Edge of CW Tech track with Shelley Williams and Kieran Brady as well the Artificial Intelligence piece from Bruce Morton and John Nurthen.
As Client Services & Operations Director at Elevate it gives me a sense of real excitement attending CWS this year. We will be introducing Elevate as an FMS to some people for the very first time and I am intrigued to listen to learn how our scientific approach to some of these challenges can make a real impact.
For a overview of the key issues and topics being discussed at the Summit visit: CWS Summit 2015 Amsterdam
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