Are you adopting a talent first approach to drive company success?
CEOs acknowledge that a lack of key skills is the fundamental threat to their growth, with strategic decisions now being based on their ability to attract, manage and retain talent. Yet a barrier to the success of this talent first approach is that most companies are yet to include their growing contingent workforce segment in their talent strategy. CXC is able to drive this for you.
CXC can introduce initiatives that will significantly improve your ability to engage new and known contingent talent, regardless of whether you adopt an in-house or outsourced MSP approach. Initiatives include direct access to talent, maximizing the effectiveness of your recruitment supplier channels and harnessing technology, process and people to create competitive advantage.
Staffing Supplier Management
Do you have an inconsistent supplier strategy for contingent workers, with varying contracts, capability gaps and no effective way of managing them?
Supply chain management is an essential service that engages suitably qualified and vetted suppliers, negotiates rates in line with the marketplace and partners with them in a consistent, mutually beneficial relationship to drive performance.
Supplier & Work Cost Savings Plan
Are you effectively managing costs across your contingent workforce?
Inconsistent supplier management and a lack of control over the contingent workforce results in significant cost blowouts. Issues include varying supplier margins, lack of payrate benchmarking, misclassification of contingent workers as statement of work, inflated oncosts and errors in the invoicing process.
Technology, Automation & Implementation
How can you harness technology to meet your sourcing and contingent workforce management objectives?
Providing a contingent workforce solution requires technology to achieve success for your program. CXC’s technology and professional services team can advise, implement and optimize your technology solution.
Worker Engagement & Performance
Are you managing the engagement and performance of both your permanent employees and contingent workers?
Most organizations today do not manage the engagement and performance of contingent workers. Aligned with your HR strategy, CXC can drive this initiative for you.
Data Insights & Benchmarks
Do you have visibility over your entire contingent workforce?
For most organizations, the data and subsequent insights for contingent workforce and statement of work are extremely fragmented and generally owned by third-party suppliers. Even where an MSP program is in place, full worker data is not visible. However, CXC’s programs can deliver this for you.
Enterprise Risk Mitigation
Is your contingent workforce program and reputation vulnerable to emerging risks?
As the HR company for an organization’s contingent workforce, CXC mitigates all the statutory and insurance risks associated with that workforce. As well as current risks, CXC’s in-house internal experts along with external tax and law partners continually review and build solutions in relation to the ever-evolving emerging risks.
Is your organization equipped to handle the practical and legislative challenges associated with a global workforce?
In a world where tax legislation grows in complexity and where non-compliance can be expensive, it is important to have a partner that understands the nuances of local legislation across the world to protect your brand and prevent escalating costs.