Industry News for the Week of August 12

It’s time again for our weekly roundup, a way for us to keep clients and followers well informed about important industry information and workforce news that could affect their business.

Workforce news for the week of August 12-16, 2013. This week in the industry… Is Contract Work Leading the Economic Recovery? (via The Staffing Stream) “The August jobs report did allay some fears regarding the economy and the future. Most significantly, it showed a significant increase in hiring, particularly in the temporary and contract work sector. Here is what these hiring numbers mean for the current state of the economy…” This Staffing Stream article provides important insights about the state of the current hiring numbers and what they mean for the future of the nation’s economic growth. Majority of UK IT Spenders Will Not Reduce IT Outsourcing This Year (via Misco News) “An aggregate 74% of IT spending organizations in the United Kingdom will outsource more in 2013 or keep outsourcing stable, according to specialist research firm Whitelane Research. Whitelane’s latest study on IT outsourcing and IT service provider performance in the UK, which included over 230 big IT spenders in the country, revealed that the majority of the 37% which are stepping up IT outsourcing this year made the decision mostly with a view to achieving cost reductions.” Your Organization and your Managed Service Provider: Creating Value Beyond Negotiated Rates (via Spend Matters) “Procurement organizations have a reputation for “beating up” its suppliers. This may be true for those one-time purchases, but when it comes to temporary staffing service providers, the category manager can be a valuable asset in identifying additional ways to lower this service category’s total cost of ownership. Negotiating competitive billable rates for your organization’s contingent workforce is the first step in managing an organization’s temp labor spend. But what happens after initial savings from lower rates are realized? What can you do to extract additional efficiencies from the MSP?” That’s it for this week. Be sure to bookmark the Beeline blog to stay informed about the industry trends and findings.

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