Today we released a report about contingent labor. The results show a huge potential. Consider this:
92 percent cite inconsistent costs and a lack of price control a primary pain point with their current contingent labor workforce.
69 percent are highly concerned about their organizations compliance with industry regulations such as Sarbanes-Oxley, SEC, FDIC, etc.
66 percent are highly concerned about employee misclassification and co-employment risk.
50 percent do not know if their company has ever defended itself against a lawsuit associated with contingent labor.
33 percent could not report which, if any, department holds primary responsibility for minimizing their companys risk and liability as it relates to contingent workforce management.
21 percent could not estimate their companys current annual spending for contingent labor in the U.S.
18 percent could not estimate the number of suppliers currently providing contingent labor to their company
The report Contingent Workforce Management: Market Trend Survey Key Findings can be downloaded here you will also be able to access the report Contingent Workforce Management: A Recipe for Success.
The trend report is based on in depth interviews with 25 Fortune 500 companies.



