Just this week we announced the availability of a new Aberdeen Group report that identifies contingent labor management trends and best practices. Fieldglass is on one of the underwriters of the report, titled Contingent Labor Management: Strategies for Managing the Complexities of the Contingent Labor Umbrella. We’ve sponsored this annual report in the past, and find it to be a good mile marker for the state of the services procurement industry. Fieldglass is offering the $399 report free-of-charge for a limited time here.
Aberdeen surveyed 170 companies, and the highlights from the survey are used to determine hot button issues and top challenges and concerns of those managing labor programs. Most of the findings, while important to validate what we see as issues in the space, aren’t exactly surprising. But one section of the survey in particular caught my eye: the top concerns in managing a contingent workforce.
The results clearly show that companies have moved beyond just automating their labor programs and are now looking to optimize their programs. A couple of years ago the top concern would be cost savings, those surveyed this time around were most concerned with the quality of their contingent labor. I believe this demonstrates a higher level of sophistication in contingent labor management. Of course, cost savings will always be a factor, especially for early stage programs. That said, the least expensive labor isn’t always how you can save the most money. Being strategic in your decision making and methodologies can be a better source of savings while also producing quality workers. Agree?