Author: Johann van Niekerk

Hiring talent is a crucial decision, and the question of hiring a permanent employee or engaging an independent professional deserves serious consideration. Below, we break down the cost and other implications of hiring permanent employees compared to independent contractors. The true cost of a permanent hire: Beyond the salary Let’s take a look at the true cost of hiring a permanent employee. While the advertised salary of, for example, R50 000 per month (or R600 000 annually), may seem straightforward, this isn’t the whole picture. Many companies offer performance-based bonuses, often around 10% of the annual salary, which needs to…

In today’s business landscape no leader is untouched by the challenges of skills shortages or economic, political, or global market uncertainties. In this shifting world of work, talent-on-demand can provide both flexibility and stability, precisely when it’s needed. By 2030, the global skills shortage is expected to lead to $8.5 trillion in unrealised revenues. Despite this, the World Economic Forum’s Future of Jobs report reveals that only 10% of businesses are tapping into diverse talent pools to boost talent availability and retention. As the skills gap widens, competition for talent is going to increase. Businesses should urgently be looking at their business…

Business agility has long been on the CEO agenda, but are they missing the most important area – talent agility? In volatile and unpredictable markets, the ability to adapt to changing conditions is crucial and talent agility allows businesses to do just that. Rather than relying on inflexible corporate organograms, an agile talent model allows a business and its people to shift, upskill, fill gaps and respond to needs as they arise. Rigid organisations, with fixed capabilities, find it very difficult to pivot or shift in periods of volatility. If a large corporation, for example, had enjoyed a few years…