Benchmarks: CW program swings to HR ownership
According to Staffing Industry Analysts’ most recent Workforce Solutions Buyer Survey, HR now owns more of the CW programs than procurement.
Benchmarks: Global spend on the gig economy
B2B human cloud companies such as Upwork and Work Market generated $6.4 billion, a relatively small piece of the $82.4 billion pie.
Benchmarks: US labor participation rate 82.0%, up from below 81% in 2015
The US labor participation rate in June for those 25 to 54 years old was 82.0%, up from below 81% in 2015, but below pre-recession levels of 83%. Also last month, US unemployment rate ticked up to 4.0% in June from 3.8% in May, driven by a surge in the labor force of 601,000 people. […]
Benchmarks: Buyers earn solid NPS score from temps
During its annual Temporary Worker Survey, Staffing Industry Analysts asked, “How likely would you be to recommend your most recently assigned client company to a friend or colleague?”
Benchmarks: Trillion-plus spent on independent contracts
Staffing Industry Analysts estimates the global gig economy was valued at $3 trillion in 2016, 58% of which was via independent contracting arrangements.
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Benchmarks: Employment figures portend possible cost increases
With employment numbers rising, companies should be prepared for wages to climb — as well as their staffing bills.
Benchmarks: Business-related staffing platforms not of interest to many temps
Business-related human cloud staffing platforms, such as Upwork.com, Guru.com or Freelancer.com, have plenty of room to grow in worker acceptance and familiarity.
Contingents are a valuable source of employees
CW programs are a critical part of organizations’ talent supply chains, with a large percentage of temporary workers looking for more traditional employment opportunities.
Industries most affected by worker shortages in US industrial temporary staffing
The industrial staffing segment, the largest in the temporary staffing market, faces many challenges that affect worker availability and costs.
