While unemployment remains high amid the pandemic, the pendulum will swing back toward a challenging labor market. How to prepare your program for the upcoming shift.
As your program and the marketplace evolve, you should revisit your framework to ensure it still aligns well and closely supports your program’s goals and objectives. Here are some considerations.
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.
VMS pricing modelsWhile contingent workforce programs’ appetite is increasing for alternative VMS pricing models, fee as a percentage of spend remains dominant.