Attracting qualified, dedicated, loyal and hardworking employees for your light industrial business is challenging. With an incredibly high turnover rate in the industry, keeping them is even more difficult. In this article, we will be discussing the growing skills gap and why temporary workers are a necessity for any business in the light industrial sector.
Many light industrial businesses are turning to the contingent workforce and hiring temporary workers and contractors to fill their needs. The companies that are doing this, are reaping the rewards.
This method, however, doesn’t come without its challenges. Sourcing, engaging and managing temporary workers is complex and comes with thousands of data points that you must manage properly if you want to build a highly-effective non-employee workforce.
The skills shortage and why temp workers are a necessity for light industrial businesses
The shortage in skilled labor is an issue for almost every single industry in the world, and, with turnover in the industry being incredibly high, this problem is even more challenging in the light industrial sector.
In fact, according to Korn Ferry’s Future of Work research, by 2030, the global talent shortage could reach 85.2 million people - costing companies trillions of dollars in lost economic opportunity.
With unemployment figures rising since the start of 2020 due to COVID-19 and many organizations still being forced to lay off their workers to survive, you may be under the impression that the skills shortage won’t last long in the current climate.
This would be correct for many industries, where companies have had to lay off highly-skilled employees (who are now looking for remote and temporary work), but it’s far from the truth for the light industrial sector.
Hot skills in the light industrial sector are still difficult to find, depending on the industry and the skill type. In most cases, general labor in the light industrial sector is hard work and the remuneration isn’t always great.
Why would an employee go back to work when emergency COVID-19 benefits are paying them almost as much as a full day of work? As a result, businesses in the light industrial sector are finding it increasingly difficult to access top talent.
That’s where the creation of a non-employee workforce comes in
Hiring the right talent for your organization is the key to success, but what happens when those skills are getting scarcer every single day? To beat the skills shortage and access talented workers before your competitor, it’s likely that you have turned to staffing agencies and begun to build your own pool of non-employee temporary workers.
When managed correctly, temporary workers can help your business access top talent and beat the skills gap, all while saving your organization money and improving your ability to adapt to changing marketing conditions.
Despite these benefits, the management of a non-employee workforce is incredibly complex and it’s crucial that your business has access to a technology solution that ensures you have complete visibility into your temporary workforce and the vendors who provide them.
The Conexis Difference: Built with Manufacturing & Light Industrial
Conexis has developed unique Vendor Management System (VMS) functionality specifically to support the unique needs of manufacturers and light industrial. Over 60% of the Conexis user population are in light industrial and manufacturing positions - so we know what it takes to build a VMS system that applies to the requirements of organizations with manufacturing and light industrial staffing needs. From complex work shift arrangements to Health & Safety incident tracking, Conexis has it all to make managing your manufacturing extended workforce easy and fast.
Read more at Conexis VMS for Manufacturing & Light Industrial
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Whether you are looking for a new VMS Solution, or just getting started, we are here to help. See how easy Conexis is to use by taking a quick 2 minute Self-Guided Tour. Contact Us for a Free No-Obligation Consultation to discuss your workforce challenges (and get immediate actionable insights) or Book a Personal Demo Today!
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