Today’s energy and natural resource industries, including oil, gas, and electricity production and transmission companies, depend heavily on a workforce composed of up to 80 percent contractors and contingent workers.
Along with small cadres of direct employees, these contingent workforces help energy companies manage their fixed costs while adapting quickly to dramatic market changes.
To manage this extended workforce, industry leaders turn to vendor management systems (VMS) and managed services providers (MSPs). These technology and service solutions not only automate the contingent staffing process. They source and manage all types of talent and employ sophisticated workforce analytic tools to turn program metrics and other data into business intelligence their energy clients can apply to make better workforce decisions.