The "gig" economy (contingent labor) now represents nearly 35% of the overall workforce and is growing. While salaries have remained flat, contingent labor rates are rising. Procurement’s primary role is always twofold; providing quality products while reducing spend. However, buying widgets is not like buying labor. Hiring Managers want the best candidate and sometimes those candidates cost more. Procurement is faced with the dilemma of knowing "how much" a candidate is really worth, what is the “right price” for a particular resource, and what is a fair margin for a supplier.
Please join us for this “day in the life of procurement” session that will highlight best practices for buying labor. You will learn about opportunities for savings while insuring candidate quality, how labor market intelligence will help you negotiate more effectively, how fixed markups and not to exceed rates may be diminishing your opportunities for savings, and how to simplify rate card management.
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