Best Practices for Payroll Populations of Contingent Workforce programs

Best Practices for Payroll Populations of Contingent Workforce programs

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Over the last decade, many organizations have begun to examine the opportunity to consolidate their contingent labor and “consultants-rich” internal buying activities under a consistent and controlled business model. Along with the deployment of Workforce Management Solutions, Master Services Providers Solutions and Vendor Management Systems Solutions, Payroll Services Solutions have grown to be a key complementary engagement model for companies to achieve tangible cost savings and avoid risk. Companies also see this as a way to drive diversity spend initiatives as the payroll population of a contingent workforce program is estimated to be between around 10% to 20%.

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