Benchmarks

  • UnemploymentDec2015

December 2015 unemployment drops

By |January 20th, 2016|

Total nonfarm employment rose by 292,000 and the unemployment rate edged lower by three basis points to 5.01% in December, according to the US Bureau of Labor Statistics (BLS) in its monthly jobs report. The college-level unemployment rate, which can serve as a proxy for professional employment, was unchanged month over month at 2.5%. Higher employment […]

  • Vendor Bidding Model

Which vendor bidding models does your organization have in place?

By |December 16th, 2015|

In our 2015 Contingent Buyers Survey for North America, we asked which vendor bidding models were in place in their organization. As illustrated in the graph, primaries and structured tiers were substantially more prevalent than open bidding and sole-source models. Because some programs use more than one model, respondents could select more than one option. […]

  • Tenure

Rehiring Temps? What’s the wait time after hitting tenure limit?

By |November 18th, 2015|

In our 2015 Contingent Buyers Survey for North America, we asked large (1,000+ employees) buyers with tenure limits to estimate the months they are required to wait before rehiring workers dismissed due to tenure limits. As illustrated in the following graph, 85% of respondents noted they have to wait at least a year.

 

  • MSP-VMS use

Level of VMS-MSP Usage

By |October 28th, 2015|

In our annual Contingent Buyers Survey for North America, we ask large companies (1,000+ employees) if VMS and/or MSP is currently in place in their organizations. We define an MSP as a managed services provider that helps a company run its contingent workforce program and a VMS (vendor management system) as the technology used to facilitate […]

  • Contingent Share_main

What percent of your workforce is contingent?

By |September 30th, 2015|

In our Contingent Buyers Survey for North America, we ask respondents to estimate the percent of their organization’s workforce that is contingent. We define contingent workers as all non-permanent workers, including temporary, contract staff, independent contractors and consultants, but excluding part-time regular employees. After rising substantially for a few years, the average percent across respondents […]

  • traffic through city

Movers, shakers: Fastest-growing staffing suppliers on new 2015 list

By |September 2nd, 2015|

Looking to make your program more effective? Want to partner with suppliers who can provide quality talent and have established best practices? Then take a look at some of the up-and-coming staffing suppliers. The list of fastest-growing staffing firms for 2015 is now available, and it includes 102 firms that posted a compound annual growth […]

  • The  financial crisis Concept Illustration

How much of your spend is through SOW contracts?

By |August 26th, 2015|

In our 2015 Contingent Buyers Survey for North America, we asked respondents for the percent of contingent workforce spend that was project/SOW-based. Seventy-nine percent of respondents reported that at least some of their CW business is made up of such arrangements; 19% noted a majority. Because this survey is limited to companies with more than […]

  • ThinkstockPhotos-185816094

Read the numbers: Common mistakes business leaders make in statistical analysis

By |August 5th, 2015|

Contingent workforce managers rely on data to know how their programs are performing. But are you reading the numbers correctly? Sree Thiyagarajan, a research associate at Staffing Industry Analysts, explains a few common mistakes people make in Staffing Industry Review.

  • ThinkstockPhotos-490581671

Temps reveal what they prefer to be called, and it varies by pay.

By |July 22nd, 2015|

What do temporary workers want to be called? In our latest Temporary Worker Survey for North America, we asked: “With regard to the temporary work you perform through your staffing agency, what do you prefer to be called?” As illustrated in the graph, answers varied markedly by pay.

 

 

  • ThinkstockPhotos-454127893

Benchmarks: Do temps use healthcare exchanges?

By |June 17th, 2015|

Health insurance exchanges are gaining traction among temporary workers. In our 2015 North America Temporary Worker Survey, we asked temporary workers assigned by staffing suppliers about their current use and plans regarding health insurance exchanges. Not only did 38% note that they currently receive healthcare insurance from an exchange (up from 25% in last year’s […]