Today’s on-demand, gig economy has made it more advantageous than ever before to engage workers on a temporary basis, be it through staffing agencies, service providers or directly as freelancers or independent contractors. This shift from a largely 9-to-5 permanent workforce to a flexible contingent workforce, is convenient for both sides, but is not without risk.
Overall, a mismanaged contingent worker program can carry hidden costs, and expose you to significant risks: billing and timesheet fraud, third party risk, co-employment risks, and long-tenure entitlements to name a few.
How is your organization impacted by the rapidly changing local, state and federal legislations across multiple jurisdictions?
HCMWorks will help you assess your risk profile from multiple points of entry to recommend and design a workforce management solution that is layered to provide you end-to-end compliance, effectively mitigating your total risk.
Below are the core areas in which we help organizations reduce their risk:
A properly managed contingent workforce program can protect your organization against many risk vectors, across all categories of non-permanent workers, be it through staffing vendors, directly sourced candidates, independent contractors and SOW resources. HCMWorks will ensure your can confidently draw from the benefits of this increasingly important pool of human capital without exposing yourself to undue risk.
Most business owners do not have the knowledge and experience needed to properly determine whether a worker is in fact an independent contractor. If the thought of facing a potential misclassification lawsuits worries you, don’t chance it. You need professional advice, and we can help.
Outsource your continent workforce payroll to professionals who have the expertise needed to get it done right.
To avoid class-action lawsuits, your company should consider investing in contingent workforce consultation services.
Worker misclassification is no joke. Are you 100% certain that your contractors are properly classified? How are you making sure that you are following all federal, provincial and state policies to avoid misclassification and potential lawsuits?
HCMWorks will help you properly classify all of your current and future workers.
Contingent labor is increasingly attractive to organizations looking for ways to reduce costs, increase flexibility, and extend capabilities through better access to talent. But your contingent workforce also poses several significant challenges that need to be addressed.
In this white paper, we examine:
A significant shift in the way companies are hiring their workforce is currently taking place. Businesses are moving away from an office full of traditional full-time employees and a significant growth in contingent workers has been seen across almost all industries.
So what is a contingent worker? The contingent workforce is made up of freelancers, independent contractors, consultants and pretty much anyone who is employed by your company on a non-permanent basis. These are workers who have been hired to complete a specific project.> Read More
ProcureCon Canada 2018 is only a week away, and we’re excited to be participating this year as a corporate sponsor of the conference. ProcureCon, April 16-18 at the Hyatt Regency Toronto, is a tremendous opportunity to learn what’s new and innovative for procurement, and meet with professionals involved in strategic corporate procurement, purchasing & sourcing management.> Read More
To a lot of businesses, the essential service provided by procurement feels complex, cumbersome, and expenses associated to it can make it costly.
To make sure your company’s procurement function is optimized for decreasing effort, cost and risk, you need to improve your approach to your procurement activities and processes.Doing this will ensure you work out the best solutions for your company’s unique needs; making sure you always pay the right price and you don’t miss vital steps in the procedure.> Read More