Contract Labour Costs Not Measured
|
21% of Fortune 500 companies can not estimate how much they will spend on contract labour. The failure can cost companies up to $100m annually. The survey findings come from Taleo Corporation. Funnily enough Taleo is a vendor of "demand talent solutions". "The Contingent Workforce Management Trend Report" concentrates on the contingent workforce. Many corporations could not answer critical questions about the use and impact of contingent labour. On average 7% of company revenue is spent on contingent labour. Luckily for Taleo, the survey found that massive savings could be made with the use of contingent workforce management technology. 69% of respondents were also concerned about compliance with regulatory matters such as Sarbanes-Oxley and the SEC. 33% could not say who was responsible for risk and liability as it relates to contingent labour.
|
Related Articles
Similar Areas Selected Books Keywords
|