Benchmarks

Benchmarks: RPO pricing models

|September 1st, 2021|

Recruitment process outsourcing providers employ a variety of pricing models for their services, according to the “RPO Global Landscape Summary 2021” report from SIA. The most common was a combination of cost per hire and fixed monthly fee.
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Benchmarks: Buyers to increase direct-sourcing spend

|June 30th, 2021|

A median 20% of buyers’ contingent workforce spend will be going through direct-sourcing channels in 10 years, according to SIA research, up from a median 1% today.
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Benchmarks: Temp workers have little interest in talent platforms

|May 12th, 2021|

The use of freelance platforms by staffing firms’ temps dropped in 2020, with the majority of survey respondents not knowing about or not using business-related platforms.
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Benchmarks: SOW spend through VMS

|February 10th, 2021|

Despite being a focus area for vendor management system providers as well as CW programs, SOW represents just 16% of reported 2019 VMS spend under management, suggesting that it remains a largely unpenetrated market for VMS.

Benchmarks: Professional skills dominate RPO services

|January 20th, 2021|

Recruitment process outsourcing is used most heavily for professional roles; however, providers meet needs ranging from apprenticeships to executive search.

Benchmarks: Programs to prioritize supplier consolidation, diversity

|December 9th, 2020|

Consolidation and programs for diversity suppliers are top-of-mind for contingent program managers as they head into the new year.

Benchmarks: Staffing providers offering service guarantees

|November 18th, 2020|

As part of its annual staffing firm survey, SIA asked firms whether they offered their clients a service guarantee. Nearly half offered a complete money-back guarantee.

Benchmarks: Remote work for the post-pandemic temp

|October 7th, 2020|

While the number of temporary workers able to work from home will drop post-pandemic, staffing executives still foresee about 20% of their temporary workers will continue to do so.

Benchmarks: Global SOW spend exceeds $500 billion

|July 1st, 2020|

Businesses worldwide spent an estimated $523 billion on statement-of-work projects last year, according to SIA.

Benchmarks: Covid-19 ushers significant drop in spend

|April 22nd, 2020|

Covid-19 has brought an abrupt end to a decade of sustained growth of US business spend on temporary labor through staffing firms.