How Business Leaders Should Think About Labor Mix Today with Hugo Malan

Over the past 18 to 24 months, temporary labor usage in the U.S. has dropped by 15%, despite the strong economic performance. This surprising decline in temp labor penetration highlights a critical shift in workforce strategies and the need for companies to evaluate their labor mix. Hugo Malan, President of Kelly Science, Engineering, Technology, and Telecom, is here to discuss one of the most pressing issues for business leaders today: finding the right labor mix. As a seasoned leader in workforce solutions, Hugo shares valuable insights on how companies can achieve the right balance between permanent, temporary, and consulting labor to drive flexibility, continuity, and innovation.Hugo explains how short-term economic fears, such as concerns about a recession, have led companies to reduce their use of temporary staff and maintain permanent staff. He anticipates a normalization in the demand for temporary staffing by 2025 as economic anxiety decreases and companies look for more flexible labor options.Tune in to learn how to prepare your company for future demand fluctuations and maintain a flexible, high-performing workforce.“If you don’t have a flexible component in your labor force, it becomes more difficult to respond fast enough to an upturn or downturn in demand, and that can have significant negative impacts on your bottom line.” ~ Hugo MalanIn This Episode:- Defining labor mix: permanent, temporary, and consulting- The importance of finding the right labor mix- Surprising shifts in the U.S. labor market- The root causes of labor market changes- The impact of economic anxiety on temporary labor- Future trends and predictions for the staffing industry- Advice for business leaders on finding the right labor mixAnd much more!Connect with Hugo Malan: - LinkedIn: https://www.linkedin.com/in/hugo-malan-0994191/Connect with Debbie Madden:- Website - https://www.stride.build/- LinkedIn – https://www.linkedin.com/in/debbiemadden1/- LinkedIn - https://www.linkedin.com/company/stride-consulting/