Lee Willoughby’s Post

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Co-Founder & Owner at Bubty 🚀| Helping companies manage freelancers, globally! | Passionate to redefine "work" |

Why "owning" freelancer relationships translates to building private talent pools: In a recent podcast, I discussed a reality many companies still struggle with: ❌ No one "owns" a freelancer. This workforce is tied only to the project, period, and payment, not traditional employment. My position is clear: If you want to be the top choice for freelancers, strive to work with them as directly as possible. And let's recognize the shift… nearly half of the global workforce (47%) is contingent, and 82% of businesses have seen a massive increase in demand for non-employee workers. 📈 While the contingent workforce is growing, many companies are juggling their freelance talent manually, with spreadsheets, emails and instant messaging like Whatsapp - leading to wasted time, missed opportunities, and above potential risks. I don't see this as a challenge but as an opportunity for growth. ✅ The goal? Companies need to centralize and simplify this resource so everyone in the organization can tap into this pool of skilled professionals. Why centralize? Without a system, there is not just the risk of misclassification; talent gets a poor experience with your company. The key is to ensure they are part of a well-oiled machine that values their contribution and fosters a positive work environment. At Bubty, our mission is to make hiring better by providing the technology that supports companies leveraging this type of workforce in the easiest possible way. What are your thoughts on building private talent pools? Do you think leveraging our networks is the future, or will we continue relying on external factors? Let's discuss. #talentmanagement #privatetalentpools #contingentworkforce

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If you want to "own" the talent - better make them a great offer to be an employee! But as far as the future of private talent pools, they'll absolutely play a role in the greater ecosystem of CW. Repeat trusted talent can become a staple in your talent pool.

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