Benchmarks: Bill rates rise, but one-quarter report decrease
Sixty-nine percent of contingent workforce programs have faced increasing bill rates over the past year, but the amount of the increase varied, and some saw a decrease.
Benchmarks: RPO market share by occupational skill
What are the largest occupational skill categories served by the recruitment process outsourcing market?
Benchmarks: IC compliance services use on the rise
SIA research finds the use of IC compliance services among enterprise organizations has visibly increased in recent years.
Benchmarks: To what extent do RPOs provide other services?
Approximately 23% of the recruitment process outsourcing market is derived from contracts where the same provider delivers both MSP and contingent workforce services, with 12% of agreements offering a fully blended solution under a single contract.
Benchmarks: How are you combatting the talent shortage?
SIA’s most recent Workforce Solutions Buyers Survey asked contingent workforce program managers what actions they have taken to address talent shortages over the past 12 months.
Benchmarks: Increased interest in direct sourcing
SIA’s most recent Workforce Solutions Buyers Survey provides insights on contingent workforce programs' direct sourcing spend and future plans.
Benchmarks: Time-to-fill for professional and commercial roles
Time-to-fill is a ratio closely watched by contingent workforce managers, and it varies by type of business, according to research from SIA. Here are rates typically seen from professional versus commercial staffing providers.
Benchmarks: How much do staffing firms typically charge for direct hire?
The most common direct hire fee is 20% of salary, with 42% of staffing firms reporting that level of fee, according to research by SIA.
Benchmarks: IT dominates $178 billion VMS spend
Enterprise organizations spent $178 billion through vendor management systems in 2020, according to research by SIA. While industrial occupations dominate in terms of volume of workers, IT and other professional fields comprise the bulk in terms of spend.
Benchmarks: World spends $4.4 trillion on contingent work
Businesses spent $4.4 trillion on contingent labor globally in 2020, roughly 61% of which was on independent contractor services and 9% on workers through staffing firms.
