Dive Brief:
- Randstad Sourceright, which offers talent acquisition and HCM strategies, and TalentWave, a workforce engagement solutions vendor, are partnering to offer an enhanced independent contractor (IC) compliance and engagement tool, according to the two companies.
- The partnership combines Randstad Sourceright's capabilities covering all talent types — from ICs to contingent workforce management and full-time employees — with TalentWave's IC management technology and expertise in IC classification and engagement.
- According to the joint statement, Randstad Sourceright and TalentWave's partnership will "automate key aspects" of the IC engagement process by providing advanced reporting, online self-service and process consistency.
Dive Insight:
Managing contingent workers is becoming a very serious challenge for HR leaders, who in many cases are actually out of the contingent worker hiring loop. That's one good reason why Randstad Sourceright's talent expertise and TalentWave's IC services may be an effective solution for employers looking to expand their IC engagement as part of the total workforce.
There are experts within the HR space who predict that contingent workforce growth will lead to a game-changing shift in the way HR engages talent, so having access to tools that can help manage that scenario can only be beneficial to HR leaders who may be heading in that direction already.