HCMWorks is a leading North American consulting firm in the field of contingent workforce management. We offer an extensive portfolio of advisory services for organizations to gain a better handle on their contingent workforce. Whether you manage your workforce programs in-house or are looking for an outsourced solution, HCMWorks can support you in key areas to give you an extra hand, offer key industry insights and share best practices.
A key reason our clients choose HCMWorks is due to our vendor-neutral approach to both technology selection and staffing vendor selection. We work with all types of staffing vendors and technology providers, and recommend the best solution for your requirements, without having any links or affiliations with any of them. Our focus rests solely on supporting our clients’ contingent workforce management objectives, without any hidden staffing agenda or objectives.
This white paper dives deep into your contingent workforce ecosystem and uncovers three key areas to improve on. It offers valuable insights and actionable recommendations.
Gain control over the growing contingent workforce with these best in class risk management, talent acquisition, and cost control recommendations.
The future of work is changing. The contingent workforce - which is made up of freelancers, consultants, independent contractors and part-time workers - now makes up a huge percentage of the world’s workforce.
In fact, a report from Intuit predicts the number of contingent workers will only continue to increase worldwide. The study notes that today around 25-30 per cent of the US workforce is currently contingent, with that number expected to exceed 40 per cent by 2020.
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Competition for labour in today’s business market is constantly growing. This is largely driven by a shortage in skilled workers, which is affecting almost every industry across both the US and Canada.
In fact, the Society for Human Resource Management claims that around 83 per cent of organizations are currently struggling to find workers with the right skills. Meanwhile, a report by American Action Forum (AAF) found that, by 2029, employers in nearly every US state will face significant shortages of qualified workers due to an ageing population.
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Large businesses in today’s market work with a wide range of vendors. In fact, most companies are more dependent on vendor relationships for the success of their business than ever before, whether it be for talent acquisition, procuring office supplies, service providers or accessing equipment manufacturers.
That’s because vendors have specific expertise in a particular area of your business, making them a far more effective and cost-efficient way of accessing specialized knowledge without having to pay for an expensive in-house team.
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