CXC Talent Talk #15
Welcome to CXC Global weekly newsletter! ??
If you want to find expert insights, trends, tips, and solutions for managing your talent needs, you are in the right place.
Every week we will keep you updated on the important shifts in the market and offer our views and tips for effective talent management from all of our regions.
? Subscribe to stay up to date & share this with your circle!
In this week's newsletter find out more on the worker's misclassification - from Statement of Work Contract, compliance in the world of work, EU Directive on Platform workers, all the way to the contingent workforce.
?? CXC Australasia
?? Statement of Work Contract: Are your processes up to date?
Statement of Work contract arrangements is becoming an increasingly popular means of engaging contingent workers.
Why? - I hear you ask.
As the business community scrambles to cope with the changes brought on by COVID, the need for innovation, and competitive advantage, has heightened like never before. With profits dropping and overheads choking the bottom line, organisations are turning to highly skilled contingent labour to deliver fast, accountable results.
And the Statement of Work implications, are proving to be hugely advantageous in this setting providing they are managed right. Find out how HERE.
?? Reducing workforce risk: worker types and their entitlements
In today’s changing business environment, more and more organisations are leaning on non-traditional workforce models, to get the job done. This means, a broader array of worker types now make up the tapestry of today’s workforce.
And with that comes a number of risks. Especially around worker entitlements.
From full-time employees to casuals and contract workers, it’s in your interest – in fact, it’s your?responsibility?– to be across all types of workers in your organisation,?and?what they’re entitled to. Read more in the article HERE.
?? CXC Asia
?? What is Worker Classification? Why has it become so important?
Today’s modern workforce often incorporates a slew of employment types; from foreign/remote workers, agency workers, casuals and contractors, sole-traders and freelancers, and more.
What’s more, this mix’n’match trend is showing no sign of abating. Recent studies reveal that almost seven in 10 workers worldwide are self-employed or in small businesses; whilst self-employed and micro-enterprises account for more than 80% of employment in South Asia.
For businesses, the benefits of utilising flexible talent – particularly during these uncertain times – are many. Tapping into the power of the contingent and contract workforce not only helps get work done, but it can also improve cashflow and efficiencies.
However, keeping abreast of classification and compliance when workers are engaged through so many different models, in so many different countries, can bring its own set of challenges. Get informed on the challenges HERE.
?? Compliance in Today’s World of Work: 3 Things to Watch Out For
The world of work has fundamentally changed, becoming truly globalized, interconnected, networked and fluid. Very different from even the recent past.
领英推荐
However, as contingent workforce numbers and the means to manage them expand globally, businesses are realizing that issues of?compliance?and visibility are becoming more and more significant.
If you’re caught short, and compliance really does become your new ‘C’ word, the risks are huge. Not just in terms of significant financial penalties, legal woes and insurance pay-outs, but also in regard to reputational damage and contractual risk. See what you might be missing HERE.
?? CXC Emea
???? EU Labour Platform Directive: Should Platform Operators Be Concerned?
To prepare for the EU Directive coming into force, platform operators should?assess all of their workers?to determine whether they are legitimately self-employed, or operating under false self-employment.?
Working with an expert partner in?contingent worker classification?can help you to complete this process more accurately, quickly and efficiently. CXC’s?worker classification solution?can help you to ensure proper classification of independent, freelance,?sole trader?and limited company contractors —?making sure you’re operating in compliance?with local and EU laws.?
Interested to learn about how we could help your platform business as the new EU Directive comes into play??Read more on the EU Labour Platform Directive HERE or get in touch with us HERE.
?? The Open Talent Report: EU Directive on Platform Work
Connor Heaney , MD at CXC EMEA was joined by legal experts Lucas Stuurop and Julie Van Kerckhoven to discuss the recent proposed EU Directive on Platform Work that aims to improve the working conditions of those working in the platform economy.
Topics discussed:
Disclaimer - While Lucas and Julie are legal professionals what they discuss on this webinar is their opinion and should not be taken as legal advice.
Listen to the full episode HERE.
?? CXC North America & Canada
?? What is a contingent worker?
Contingent workers can help organizations cut back on managing costs while improving productivity and agility to remain resilient amid the changes in global economies.
This article will answer all your questions about what contingent workers do, the difference between contingent workers and employees, the advantages of hiring contingent workers, and the best practices for?managing your contingent workforces.?Read the full article HERE.
???????? How companies in the USA and Canada can engage foreign independent contractors
Over the last few years and continuing into 2021, Independent and Self-Employed contractor classification and tax avoidance globally has become a focal point of local governments. Workers now offer their expertise and services on a global basis.
Recruitment companies and talent platforms are adopting strategies to identify and engage these individuals.?In terms of cost and speed of engagement, the most efficient way to engage these workers is as independent or self-employed contractors.
Learn everything on engaging contractors HERE.