Growth in the MSP market — representing $141 billion of spend under management in 2018 — slowed to an estimated 8% compared to 12% in 2017, according to SIA research. Despite the slowdown, interest in MSP remains.
A US House subcommittee heard testimony from attorneys and others on independent contractor classification, the fallacy of flexibility and the effects of proposed legislation on law-abiding employers.
SIA’s Peter Reagan explores what he thinks lies ahead for the contingent workforce and its users, including more entrepreneurial gigs and no intellectual property.
VMS pricing modelsWhile contingent workforce programs’ appetite is increasing for alternative VMS pricing models, fee as a percentage of spend remains dominant.