The workforce landscape is evolving rapidly, and businesses that rely on contingent labor must adapt to remain competitive. With new compliance regulations, shifting workforce expectations, and advancements in vendor management systems (VMS), 2025 presents a unique set of challenges and opportunities. Is your contingent workforce strategy optimized for success?
Key Questions to Asses your Contingent Workforce Strategy
1. Are You Struggling with Visibility and Control?
If you lack real-time insights into your contingent workforce, you may be missing opportunities to optimize costs and performance. A well-integrated VMS provides transparency across all vendor relationships, spending, and worker performance.
2. Is Your Staffing Process Efficient and Scalable?
Manual processes and fragmented staffing solutions slow down hiring and increase costs. If your current approach isn’t scalable, it may be time to consolidate vendors and leverage a VMS to streamline workflows and improve response times.
3. Are You Confident in Compliance and Risk Management?
With evolving labor laws and worker classification rules, compliance is more critical than ever. For instance, a 2020 report by the National Employment Law Project highlighted that misclassification of employees as independent contractors imposes significant costs on workers and federal and state treasuries. Businesses using a contingent workforce should have automated compliance tracking and risk mitigation strategies in place to avoid costly legal issues.
4. Are You Maximizing Cost Savings and ROI?
Contingent workforce management should be cost-effective, but without proper oversight, hidden costs can add up. Vendor consolidation, rate benchmarking, and analytics-driven decision-making can help optimize spending.
5. Are You Leveraging Data and Analytics for Decision-Making?
Data is key to making informed workforce decisions. If you aren’t using analytics to track workforce trends, measure supplier performance, or forecast future hiring needs, you may be missing out on critical strategic advantages.
How CSSvSource Can Help
CSSvSource specializes in optimizing contingent workforce management through cutting-edge VMS solutions. By improving visibility, automating compliance, and enhancing workforce scalability, we help businesses stay ahead of the competition in 2025 and beyond.
Not sure where your strategy stands? Contact CSSvSource today for an assessment and see how we can elevate your contingent workforce strategy.