Blended workforce

It refers to a strategic approach where an organization combines full-time employees and various contingent workers, such as freelancers, contractors, temporary workers, or consultants. This approach allows businesses to flexibly adapt their workforce composition to meet the demands of specific projects, seasons, or changing market conditions. Blended workforces have become increasingly popular due to the rise of the gig economy and advancements in technology that enable remote work and collaboration. By leveraging a blended workforce, organizations can access specialized skills and expertise on-demand, reduce labor costs, increase agility, and scale their operations more efficiently.