Companies often lament the paucity of skills during talent acquisition. Scarcity is a mindset that stifles innovation and makes it difficult for many companies to look in the right direction. The truth is that qualified candidates are everywhere. But outdated business models and closed platforms, deployed by many organizations, impede the search for the right…
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With a steady rise in contingent work arrangements in the US and elsewhere, employers have started to realize the value of hiring independent contractual workers. The appeal of specialized skills, along with low hiring costs and flexibility, has made contingent workers a preferred option for many leading companies. But the rise in the number of…
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As a woman-owned business, Rangam has always been supportive of its women employees, consultants, customers, and partners. We not only offer employee-friendly work arrangements like telecommuting and flexible hours to our staff, but also empower and encourage women to break the proverbial glass ceiling by actively pursuing leadership roles. Rangam is among the few companies…
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Leveraging highly specialized workers to increase efficiency has been a human resource (HR) practice for several centuries now. While this division of labor was first theorized by economist Adam Smith in his epochal 1776 book ‘The Wealth of Nations’, the concept has grown more popular, with hyperspecialization being the norm in a number of industries….
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Even as you read this, there could be at least 10 tabs open on your browser, plus several active programs running at the same time. Ever wondered why? With all the hustle around us, it’s easy to feel we aren’t doing enough if we don’t get a visual confirmation of our efforts. For…
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With the growth of the on-demand economy, people are showing an increasing interest in contract positions to kickstart their careers. Moving from one contract to another, within or across various industries, is being seen as a viable option to gain relevant work experience. While the benefits of a regular job can never be overstated, contractual…
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Hiring of contingent labor has significantly risen in almost all industries in the past few years. Human resource (HR) experts have predicted that the contingent labor market would increase manifold in the days ahead, with companies all set to hire hyper-specialized staff for their operations. That aside, in an uncertain economic scenario, a contingent workforce…
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A booming economy and historically low unemployment rates are all good news for economists. But these factors have an immediate and profound impact on talent acquisition, management, and development. Low unemployment indicates a level of saturation that keeps new talent from entering the workforce. As a result, bringing new candidates to the talent pool becomes…
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Today’s competitive labor market requires organizations to enhance their game and stay as an employer of choice. Competition to hire the best talent is at an all-time high, and companies with an inflexible hiring process and talent-strapped market find it particularly difficult to find and hire the right candidates. The 2018 Deloitte Global Human Capital…
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Empathy is the ability to live and relate to the emotions and experience of others. It’s more than mere sympathy. It’s the ability to understand and lend support to other people with sensitivity and compassion. Empathy is like stepping into a person’s shoes and being aware of their situation. In the context of work, empathy…
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