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Report: Companies More Dependent on Contingent Labor

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Wed Jul 21 2010

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HOUSTON--(BUSINESS WIRE)--With nearly 60 percent of companies becoming more dependent on their contingent labor programs over the next two years, The Contingent Labor Management 2010 Report, published by the Aberdeen Group, found that companies will have a greater number of Statement-of-Work (SOW), Independent Contractors (IC) and services-based work employees.

The report, sponsored by Guidant Group Inc., a managed services and talent acquisition consulting company, takes an in-depth look at how companies can better manage their ever-expanding contingent workforce, including ICs and SOWs. It suggests companies can manage their contingent workforce by exhibiting spending control and securing a quality contingent workforce as they focus on:

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  • Key performance metrics required to derive value from temporary workers

  • Core technologies and solutions that help leverage, track and organize contingent spending and labor, such as Managed Service Providers (MSP), Vendor Management Systems (VMS) and Independent Contractor Engagement Specialists (ICES)

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