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Glossary/Blended Workforce

Blended Workforce

The Blended Workforce is a deliberate strategy that draws upon the successful combination of full-time employees, part-time employees, temporary workers, freelancers, contractors, and consultants to meet the day-to-day demands of an organization. The blended workforce model gives organizations the opportunity to scale up or down their workforce according to demand, the requirements of the project, or budget constraints while still being able to obtain the needed expertise and skills. Using different talent sources, organizations will have the opportunity to efficiently optimize their workforce, reduce labor costs, and become more agile and innovative.

Example of the Blended Workforce:

A real-life example of a blended workforce is a tech company that hires a team of full-time software developers, contract designers, and freelance data analysts to roll out a new product development initiative. The backbone of the business is a team of full-time employees that keep the business stable and maintain continuity, while contract workers and freelancers are brought in to provide additional expertise and capacity to meet specific project milestones or tasks. The company may also hire temporary workers when the demand is high or during the peak periods. The workers are recruited through staffing agencies to handle short-term gaps and immediate needs. One of the advantages of a technology company that decides to embark on a blended workforce approach is the allocation of resources, the acceleration of the projects, and being competitive in a market space that is changing quickly.

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