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Contractor availability being hampered by talent gap

A shortage of talent is impacting contractor availability

The shortage of a skilled and competent workforce was identified as the top challenge by companies in achieving their contractor management objectives in the next 12-18 months, according to new research.

The report from ISN found that, at the same time, 42% of the companies surveyed expect their need for outsourcing work to third-party contractors to increase, half of which anticipate double-digit increases.

“Internal and external constraints such as competing internal priorities, shortage of qualified workers and an increased reliance on subcontractor relationships continue to put pressure on companies that hire contractors,” said Joseph Eastin, President and Chief Executive Officer of ISN.

“It is essential to have a strategic contractor management plan in place that ensures work is being completed in a safe, reliable and sustainable manner.”

Improving the safety performance of both employees and contractors was identified as the top priority for driving organisation’s contractor management goals.

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In addition, improving business continuity and operational excellence was also ranked as a key driver for meeting their contactor management objectives.

“The survey data confirms what we’ve seen in the industry; leading organizations drive a safety-first culture and maintain a documented strategic plan for their contractor management objectives,” said Dag Yemenu, Senior Vice President of Technical Services at ISN.

“By establishing a clear communication strategy, incorporating a risk-ranking process and integrating internal business processes, a sustainable contractor management system is one that enables you to meet your safety and compliance objectives while promoting a culture of transparency, partnership and continuous improvement.”

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