Contingent Labor Management
The contemporary contingent workforce has undergone an evolution over the past five years. These changes have forced companies across the globe to enact robust strategies and solutions for driving value and gaining visibility into aspects beyond “classic” temporary labor, such as Statement-of-Work (SOW)-based projects, services procurement and independent contractors.
This latest Aberdeen research study, which examined the strategies and challenges of over 200 companies, found that the modern contingent labor umbrella encompasses over 22% of the average organization’s total workforce. With corporate attention around SOW-based project and services, companies must enhance their processes to avoid compliance gaps, mitigate contractor risks, and link projects and services to true operational growth.
