Are you effectively managing costs across your contingent workforce?
A primary reason that organizations create contingent workforce programs is to generate cost savings.
Developed in partnership with our procurement and finance stakeholders, CXC have implemented cost savings programs across the workforce and recruitment supply chain resulting in annual savings of 8-15%.
Through our workforce management programs, CXC has established benchmarks and market insights to develop cost savings programs while maintaining engagement and performance of the worker and recruitment supplier.
“Annual cost savings of $1.2M have been achieved as a result of CXC’s workforce/payroll and tenure management program. In addition, workforce reporting and analytics have provided us with unprecedented visibility of spend and trends, enabling for tighter cost control and strategic workforce planning.”
Recruitment Lead, Human Resources, leading financial services client