Learn how to manage risk in your contingent workforce

This guide will help you save time, reduce costs and assure compliance

BPS World - How to manage risk in your contingent workforce

Focus on opportunities, not risks
 

The contingent workforce continues to grow in importance and size. But rather than focus on risk, you should be free to exploit the opportunities being created.

Find out how to:

  • Cut out inefficient processes
  • Protect your business from overpaying for talent and legislative repercussions
  • Bridge any disconnect between Procurement and HR teams

How a single partner can help you

Both employers and contingent workers have their own concerns about compliance and risk.

This guide provides a model that brings the services required for mobilisation, compliance and payroll under one umbrella.

Learn how to successfully:

  • Reduce costs associated with managing risk
  • Save time performing audits and background checks
  • Ensure compliance across local and global locations
Engineering giant achieves 100% compliance
 
BPS World has helped global engineering giant M+W/Exyte reduce recruitment costs, mitigate against risk and increase visibility within its contingent workforce.
 
We recommended:
  • Reduce agency spend by using a single partner to manage recruitment
  • Track the end-to-end recruitment process using a BI dashboard
  • Use our compliance expertise to protect the business

The Results:

  • £831,000 in cost savings in first three years of working together
  • Contractor time-to-hire reduced from 35 days to 17 days
  • 100% compliance of UK contract personnel

THIS MULTI-PRONGED APPROACH TO TALENT MANAGEMENT HAS NOT ONLY DELIVERED POSITIVE RESULTS, IT'S ALSO HELPED US FURTHER ENHANCE OUR POSITION IN A COMPETITIVE MARKETPLACE

JACQUIE BURGESS, HEAD OF UK HR - M+W GROUP