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‘Contingent workforce’ is a broad umbrella term often used to describe a labor pool made up of people in various employment categories who may be engaged by companies for a fixed period, type of work, or set project only. Modern businesses increasingly have both a contingent workforce and permanent staff on indefinite contracts, and experience the advantages and disadvantages of both models.

A contingent workforce is a labor pool whose members are hired by an organization on an on-demand basis. A contingent workforce consists of freelancers, independent contractors and consultants who are not on the company’s payroll because they are not employees of the organization. Organizations can hire a contingent worker directly or from a staffing agency.

What is contingent workforce management (CWM)?

When it comes to talent acquisition and management, there’s no doubt that the word ‘contingent’ has become a synonymous workforce term. Never before have we experienced the level of flexibility in work that we’re facing now. The gig economy and the use of contingent workers have grown exponentially in recent years — a trend which has certainly been accelerated by the global pandemic. In line with this evolution, the need for an efficient contingent workforce management (CWM) program has become more critical than ever before for all organisations.

What is Workplace Collaboration?

Workplace Collaboration: It occurs when a group of people come together, share their knowledge and expertise, and get work done efficiently. Workplace collaboration aims to improve communication, create a healthy and judgment-free work environment, and facilitate the free flow of information across the organization, and leads to increased productivity and employee efficiency. In its essence, collaborating and getting things done is workplace collaboration. This may include the use of workplace technologies like apps, tools, procedures, software, processes, or an entirely new methodology of getting work done.

Importance of Collaboration in the Workplace?

The Internet has changed the workplace forever. Today we have technology, and the digital workplace has revamped how businesses are being operated and how teams work on a global scale. Laptops, smartphones, tablets, and cloud technology have given rise to remote working and allow teams to work more efficiently.

Why is collaboration in the workplace important? — Every individual has different skills, talents, and expertise. When all the team members collaborate, they can utilize their knowledge, skills, and experience to achieve the shared goal. Collaboration also helps in tracking project deliveries as employees combine their expertise to get things done in the workplace. It also allows employees to share their ideas while understanding how they think, work, and operate. This in turn, can be mutually beneficial for employees as well as the organization.