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Source: http://content.workmarket.com/2016-ondemand-talent-report/
Hollister Staffing www.hollisterstaff.com
75 State Street, 9th Floor, Boston, MA 02109 617.654.0200
The “2016 Corporate On-Demand Talent Report” shows that 59% of businesses use contract talentfor more than 6 months at a time. Contract professionals are increasingly becoming a strategic
and integral part of a modern workforce with 2016 trends suggesting that companies willcontinue engaging with contract talent to increase innovation and improve bottom-line. Just in
2016, 56% more businesses are planning to use more contract professionals.
>12 Months(46%)
6 Months(13%)
3 Months(15%)
1 Month(10%)
1 Week(16%)
AVERAGELENGTH OF
TIME ON ASSIGNMENT
22%>75%*
20%
50-74%
18%
25-49%
29%
0-24%
11%
Not Sure
AVERAGETIME SAME TALENT IS
USED
*22% of businesses use the same talent 75% of the time.
Over 40% of companies have more than 30% of their overall workforce made up of contract talent.
74% 56%
44% 42%
33% 32%
30% 13%
7%
Skill Assessments
Background Check
Licenses / Certi�cations
Drug Test
Legal Agreements
Ratings on the Quality of Work
Insurance
Social Connections
Other
REQUIREMENTS FOR CONTRACT TALENT
A STUDY ON CONTRACT TALENTTHROUGH THE EYES OF CORPORATIONS
Nearly 27 Million people, about 17% of the U.S. workforce is part of the corporate contract economy.
88% of businessesare currently engaging contractprofessionals, with 46% using contract labor for more than a year at a time.
At 64%, the #1 reason forcorporations to work with contractprofessionals is to increase �exibility.
Most commondemographic of contract talent being engagedare Mid-CareerProfessionals, ages 35 to 55.
Research by: workmarket