In business, few mistakes are more costly than hiring the wrong person. Those costs compound by the day and impact every aspect of company performance, at a time when human innovation is critical to business success. That’s why, despite rising unemployment rates driven by the global COVID-19 pandemic, there has been an increase in pressure on HR departments to hire the right talent.
The concept of flexibility has never been as important for the world of work as it is today. Businesses are realizing how much they have to gain from incorporating flexible staffing and contingent talent into their HR strategies, with the benefits ranging from cost efficiencies to quicker access to specialist skills.
Many businesses around the world are currently focused on dealing with the immediate impact of COVID-19 on their operations. In the HR department, managers are concentrating on the most pressing challenges of the current situation, such as facilitating a safe return to the workplace and plugging gaps in the labor force.
HR managers are currently faced with a challenge that is unprecedented in modern times: helping organizations and their people return to work amid an ongoing viral pandemic.