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The blended workforce which brings in external talent to assist full-time employees provides significant benefits to organizations toward product development and efficiency. While many theorize that cost is the biggest driver of a company’s decision to use external talent, but our study revealed some more key facts behind the scene. Those are:
- Flexibility in building teams
- Greater access to expertise
- Faster speed to hire expertise as benefits of utilizing a blended workforce
- Cost effectiveness
- Innovativeness
More companies are likely to access freelancers both for cost efficiency and to supplement critical skill sets. Without doubt, freelancing and independent professionals enables a more cost and time efficient approach to supplementing or adding critical technical skills. But, beyond cost efficiency, freelancing and independent professionalism makes it possible to attract world-class talent that would be unavailable to most organizations on a full-time basis. Perhaps the expert wouldn’t be interested in full-time work, or his or her full-time cost would blow up the staffing budget. But, he or she would be available on a project basis, or as a part-time or consulting advisor.