Contingent workforce: 5 Tips to Save 60% on Costs ( or More!)

Contingent workforce: 5 Tips to Save 60% on Costs ( or More!)

Contingent Workforce Management: Here are 5 mistakes that can cost you a fortune!

First it was Covid-19, then a recession, then banks went into bankruptcy… Businesses face new challenges daily, and to remain competitive, they need flexibility.

Contingent workforce already accounts for 42% of the workforce spend. And it is an upword trend as companies shift to hybrid working and hire remote workers across the globe.

But… there is a catch!

Shifting to a contingent workforce drives efficiencies and cuts costs only if the on-demand workforce is managed up to the highest standards. Else, businesses face missing invoices, tax penalties, duplicate payments, endless reconciliation hurdles, and God forbid, lawsuits….

So, what are the 5 contingent workforce management tips that can save you 60% on costs( or more!)?

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