Contingent labor is frequently sourced from staffing agencies and treated separately from employees. A better approach is to develop a staffing supply chain that can offer quality diverse talent who are included in the diversity program.

There are varying estimates as to the size of the contingent workforce, but in all cases, it is large. According to research by CXC Global, a global contingent workforce staffing agency, the contingent workforce will significantly grow over the next five years. The statistics presented in the 2020-2021 CXC Contingent Workforce Global Trends Report say 77% of executives surveyed believe “freelance and gig workers will substantially replace....