Most organizations plan and recruit the workforce it needs for its functioning. Many a time, even with the best of efforts and planning, a regular workforce may not be able to deliver the organization's needs and requirements. To supplement the regular workforce, many organizations think of having a contingent workforce in place.
A contingent workforce is a team of freelancers or consultants, which the organization may tap into to meet an emergency work requirement. Sometimes, depending on the nature of work, regular work too, could get done using a contingent workforce. The idea of contingent workforce management has come into focus in the present day work situation in which there has been a general rise in the number of remote or part-time workers.
An organization has a few advantages in having a contingent workforce in place.