Two converging forces are driving this – companies seeking talent with highly specialized skills and individuals who increasingly choose to pursue more flexible options.

That helps us make better decisions about things like governance and who we re-engage – and ultimately and most importantly, better serve the lines of business in getting work done.”Ī global shift in the way work gets done is well underway. With SAP Fieldglass, we have clearer visibility as to the basics of who is doing the work, which of our internal systems they can access, and their quality of work. Wendy Stenger, global lead, External Workforce Programs, Thomson Reuters, explains, “We are on a journey to better manage our external workforce, which is a vital source of the skills we need to compete in the digital era. On average, 42% of total workforce spend is on the external workforce, and more than half of that is on contingent labor.

It also acts as a vital source of skills as 62% of executives say their external workforce is important or extremely important in meeting business needs for specialized new IT and digital skills. Highlights from the report, Contingent Workforce Insights 2019: Expertise in Full Force, will be shared today at CWS Summit North America taking place at the Manchester Grand Hyatt San Diego in San Diego, California.Īccording to the research, the external workforce, including contingent workers and services providers, is key to helping organizations achieve a broad range of business goals from boosting organizational agility, as cited by 63% of respondents, to increasing speed to market (61%). Yet, the lack of adequate management rigor prevents organizations from reaping the full value of contingent labor and creates risks in security, compliance and more. SAN DIEGO, Calif.-( BUSINESS WIRE)-CWS SUMMIT NORTH AMERICA-New research from SAP Fieldglass and Oxford Economics shows significant reliance on contingent labor in today’s modern workforce to get work done.

Fieldglass payroll