The talent sharing market has been growing at a rapid pace, and it’s time for your business to take advantage. In the past, companies have used secondments as a way of filling temporary positions with qualified workers. Talent loaning is similar in that it allows an employer to contract out their employees for work outside of what they do at home base company, but there’s one big difference: while talent loaners might only be going from one department or body within your organization, pop-up teams can span different areas altogether! This means these daring individuals could even end up taking over responsibilities elsewhere if need arises so you don’t lose time waiting around wondering who’ll be doing what.
Talent loaning is a much broader activity than traditional secondments. Traditional secondment isn’t really an option for the employee because it’s restricted by companies or departments, but when they are shared between organizations in drastically different industries both parties can benefit from this form of workforce sharing; which continues paying regular salary while working on various company’s tasks simultaneously!
The Cost of Talent sharing
We all know the big consulting firms charge through the nose for their services. And, if you want an employee to come and do some work on your project instead of paying top dollar at one those companies then expect even more money out there! When loaning staff from our company we’re taking advantage when these individuals don’t have much else going spare – so it’s actually costing them financially in order just give us time off during which point they can contribute without being revenue generating whilst still getting paid fairly well themselves.
The great thing about these companies is that they can reduce their overheads by loaning out employees at a rate which covers the cost of employing them. This means businesses get higher-quality professionals, but you only pay top market price if it’s your company doing business with this firm!
Staff that are Present
When an employee is desk-bound for too long, they can become less engaged with their work and even feel like it’s a waste of time. This doesn’t have to be the case! A talent loaning situation could help boost that person’s engagement level as well as professional development opportunities by allowing them use all skills at once while working on new projects throughout different intervals in between busy periods – rather than waiting around patiently every day until there comes another opportunity or task which suits your needs better than what you’re currently doing right now (which may never happen).
A diverse workforce!
Diversity is a benefit that talent loaning offers. Not only does it help the company diversify its workforce and offer opportunities to those who might not otherwise be able, but businesses can expand their capabilities through new connections with diverse individuals from various industries- all which could positively impact bottom line too!
But give away its own talent
In a world where the fast-evolving workplace is putting pressure on business leaders to find new strategies for staffing their companies, there’s one solution that has become more popular than ever—in fact it may be considered by many industries as an ideal way of managing both permanent employees and contingent workers. That phenomenon? Integrated talent solutions which bring together company staff who do not work independently but instead share resources like computers or conference rooms so they can collaborate efficiently across departments; this allows businesses greater flexibility when hiring temporary help during peak seasons while still having access via desk hires if needed at any time throughout year.
Another reason that a company might want to loan out its staff is so it can bring in specialists without committing them too permanently. For example, let’s say one of the winning bids for an upcoming contract includes project management services from someone specializing as such they do well on their own but if another client requests also hires Logisticians or Software Developers then this business doesn’t want anybody else competing with themselves because now there would just be two different departments doing similar work instead desired specialist knowledge only goes towards completing specific tasks at hand which makes sure every employee remains valuable even though
How to start
Taking the time to plan out your company’s talent loaning solution is essential for any business looking into this type of service. The first step should be determining how much money you want lender companies or platforms that offer these types loans in order find one suitable matches what they need without having too many options open at once which could confuse them when trying figure out which option works best!
- Conduct an audit of current staff to see if there are talent gaps, or potentially staff who aren’t being used to their full potential.
- Investigate the costs of using a consultancy to bring in the required talent, and measure that cost against a talent loaning platform
- Review which industries would be beneficial to partner with, particularly in terms of diversifying the business’s offering and creating a more diverse workforce.
- If working directly with another company, ensure all contracts regarding the loan are watertight – otherwise, use a third-party platform to manage all the legal and compliance.
Why choose Bradford Jacobs
We make your global expansion journey, as smooth journey. With our multiple partners across multiple regions, we believe we can offer your business:
- Simplified processes that create results
- Global Expertise with top-rated local knowledge
- Solutions that grow with your business.