” Converting talent from a fixed cost to a variable cost Traditionally, talent has been a fixed cost; salaries, technology, and hiring costs do not change based on the size of the hire. Skill acquisition turns a fixed cost into a variable cost where you pay according to usage through a growth-through-shrinkage model, creating a variable cost structure for talent.
This frees up cash and expands capabilities on demand. You can add experts to your team when you need them. So why would you want to hire someone full-time when you only have a few months of real work available? Not email contact lists uk only is it cost-effective, it also enables teams to be flexible.
They can pivot, ramp up, and scale down relatively quickly. Improve performance to achieve a win-win with the help of Nafthly In the past, making better use of your available workforce might have meant putting more responsibility on your team and making them work longer hours.
But digital transformation, in the form of labour markets and online collaboration tools, allows you to choose a more effective and sustainable solution. Getting freelance skills removes many of the challenges freelance talent has to offer to businesses.
But the benefits aren’t one-sided. The growth-through-shrinkage model allows the entire workforce—both internal and external—to reach their full potential, and potentially enjoy greater well-being through the use of freelance platforms like Nafthly . Khaled Ali Writer and content creator - passionate about providing content that befits our Arab community.