Why It’s Important to Implement a Contingent Workforce Strategy

Many companies rely on contingent workers to optimize their operations, including enabling businesses to adapt to fluctuating shifts in demand. While contingent team members create workforce agility, they still need to be properly managed. Otherwise, you could incidentally increase your costs, introduce more risk, and even hinder productivity.

By introducing a contingent workforce strategy, you can create cohesion, increase efficiency, and experience substantial cost savings. If you aren’t sure where to begin, here are some tips.

Centralize Management

Many companies allow each department to manage its own contingent workers. While this approach may seem ideal, it can actually create problems. Duplications may accidentally occur since each department isn’t aware of the actions of the other. Hiring processes may begin to differ between teams, increasing the odds that something critical will be overlooked.

By centralizing your contingent workforce management, you can reduce administrative errors, standardize processes, and create a seamless approach that includes checks to avoid redundancies. Additionally, you can make certain crucial areas like payroll and compliance are always handled correctly.

Embrace Technology

When a process is manual, the odds of errors increase. Plus, manual processes require time and attention from members of your staff, and that’s energy they could be putting elsewhere.

In order to make the most of your contingent workforce, you need to place the right workers in the proper area at the best time. That way, you can increase efficiency and productivity while controlling costs.

By implementing technologies like a vendor management system (VMS), you can access a central hub that is designed to make managing your contingent workforce as simple as possible. It makes handling personnel and payroll records easier while simultaneously decreasing risk. Plus, a VMS can also assist with performance management and future planning.

Partner with Experts

Managing a contingent workforce isn’t the same as managing your permanent team members. The needs of these workers are different, and the situation can be surprisingly complex. This is especially true if demand may fluctuate dramatically in a short period.

By partnering with a managed service provider (MSP), you can gain support for contingent workforce management experts. Not only do they have vast talent pools to help you achieve your recruitment goals, but they also understand the nuances of contingent employment. They can assist you with compliance concerns and reduce risk. Plus, they can streamline and standardize your contingent employee hiring processes, ensuring the experience is efficient, optimized, and simplified.

A robust MSP can assist in a variety of areas. They can manage job requests, administer onboarding processes, and provide training. Additionally, contract, compliance, and payment management can all be centralized with an MSP.

If you are looking for an MSP partner, the experienced team at Apogee Managed Solutions wants to hear from you. Contact us to discuss your unique needs today and see how our contingent workforce management expertise and comprehensive services can benefit you.


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