The global pandemic has transformed the world of talent acquisition, forcing people and businesses to adapt through new and creative ways of working, managing, and acquiring talent, particularly contingent workers.
The demand for labour in Australia continues to outstrip talent supply, especially in sectors like resources and mining, construction and engineering, manufacturing, and trades. In a recent study between SAP Fieldglass and Oxford Economics, 45 per cent of procurement executives reported frequent digital security breaches with their contingent workforce. Thirty-five per cent of respondents experienced unauthorised spend, and 34 percent experienced compliance issues.
Australian businesses need to manage all workers — contingent and full-time — with the same rigor as any other supply chain or asset-driven commodity.
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Intelligent tech creates connected talent ecosystem
As the complexity and digitalisation of workforces increased during the…