With fluctuating demand and unpredictability across industries, traditional workforce solutions may not be doing enough for your business. Workforce-as-a-service (WaaS) solutions are on the rise to help your company navigate uncertainties and stay at peak performance along the way. Here’s everything you need to know about WaaS and why it might be a good match for your business moving forward.
Workforce-as-a-Service — What Does It Mean and How Does It Work?
Workforce-as-a-service essentially means companies use hourly workers based on their current business needs. This model allows organizations to scale their workforce up or down to meet the challenges of variable demand. Uncertainty across industries, digital transformation, and the push for increased flexibility in the workplace are making the idea of a contingent workforce progressively more attractive to employers. With a WaaS model, businesses have access to a secure platform where they can enjoy seamless delivery of well-qualified and in-demand talent in a short time.
The Shift From Traditional Employment Solutions
Traditional methods for employment were sufficient in the past, but this may no longer be the most efficient way to go about finding high-quality workers when you need them the most. Employment solutions of the past involve lengthy and oftentimes costly processes surrounding recruiting, hiring, onboarding, scheduling, and a host of other aspects that your business needs to consider.
Glassdoor found the average length of the hiring process is about 23.8 days. While it’s possible to hire top-tier talent through these traditional methods, the overall length of time required to do this is less than efficient. Moreover, as demand in the workplace fluctuates, your business needs a quick response time to keep pace while having the flexibility to scale your teams down when demand is low — which traditional processes can’t provide.
However, digital transformation has brought about workforce-as-a-service, which can help your organization avoid a majority of the complications and headaches associated with past employment solutions. As businesses keep adaptability, resiliency, and agility top of mind, the need for new solutions that provide access to all three has become progressively important. A report from Forbes Insights and Project Management Institute found 92% of executives believe organizational agility and flexibility are critical to business success, but only 27% consider themselves so. Implementing advanced employment solutions is an effective way to increase these organizational aspects — which can give your business an important competitive advantage.
The Advantages of Improved Workforce Solutions for Your Business
If your business is finding traditional workforce methods to be time-consuming and costly, it might be valuable to consider a better way. Implementing WaaS solutions is not only more efficient but can also provide your business with a number of benefits as a result. The main advantages you can expect from an upgraded system include:
- The ability to scale as needed: The workforce-as-a-service model allows your organization to meet short-term and long-term needs with improved flexibility and scalability. Traditional employment methods are static, but an advanced solution can help you navigate variable demand with ease. Scale your teams up and down as needed — to keep productivity up when demand is high and avoid the costs of an unused workforce when demand is low.
- Quicker access to talent: New technology platforms mean your organization has fast access to top-tier workers when they’re needed. Employee experience and skill are always a priority, and these solutions guarantee you will be matched with the right people at the right time.
- Lower overall costs: With all of the aspects of employment, including recruiting, onboarding, payroll and benefits administration, and management, traditional methods are inevitably tedious and costly. A workforce-as-a-service solution is significantly more cost-effective for your business, as they reduce labor costs and the efficient and dynamic platform does most of the hard work for you.
- Increased oversight and improved management: Changes in demand are making improved oversight a necessity for business growth and success. Upgraded platforms for your workforce can provide you with a clear overview of your employment process which, in turn, significantly increases your control and management throughout.
With all of these advantages in mind, it might be a good time to make the switch to a newer and more powerful workforce solution. While the idea of changing your current processes may seem overwhelming at first glance, state-of-the-art technology can make the shift seamless.
Considering Workforce Solutions With Bluecrew
With Bluecrew, your business can leverage advanced workforce-as-a-service solutions for your employment needs. Our technology platform makes finding and managing hourly workers simple, transparent, and accessible. Enjoy access to well-qualified, pre-screened W-2 workers, and rest assured that with the platform at your fingertips, oversight and management will be simpler than ever.
Demand is bound to fluctuate and your business needs a solution that can keep up. Organizational flexibility, scalability, and resiliency are increasingly invaluable, and implementing a WaaS model can help you use them all to your advantage. If you’re ready to ensure your business stays at peak performance and productivity with a workforce-as-a-service solution, contact Bluecrew today to learn more and get started.
