As the economy turns around and boomers exit the marketplace, finding the right resources to fill the talent gaps in your organization is becoming a growing challenge. The contingent workforce provides access to a vital source of quality talent but it also comes with a number of operational, financial and legal challenges and risks that must be carefully managed.
A managed services program or MSP is a combination of process, practice and technology that allow you to centralize and consolidate all your temporary workers, from both staffing vendors and directly sourced.
An MSP enables you to easily streamline, simplify and manage the contingent workforce supply chain from requisition to payment and everything in between. The outcome is increased visibility on contingent headcount and spend, reduced costs and greater compliance with federal and state regulations.
Visibility, savings, compliance and control
A properly structured MSP can protect your organization against misclassification challenges and class action lawsuits across all categories of non-permanent workers, be it through staffing vendors, directly sourced candidates, independent contractors and SOW resources.
Ask our team of experts how HCMWorks can help protect your business.
Many businesses that use contingent workers on an on-going basis would greatly benefit from the creation of a proprietary talent pool: a centrally managed database of contingent workforce alumni who have been vetted, on-boarded, and often trained on the very positions you need to fill, at your fingertips and with no vendor markups.
Key benefits that set us apart!
Learn more about why HCMWorks could be the right choice for your Contingent Workforce Managed Services Program.
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.Download NowMore Resources