Building Workforce Strategy with Big DataBig data. We talk about it every day. We have all heard that better data leads to better decisions. Well, if it is so helpful, why are so many of us struggling to make sense of how to use big data to benefit our businesses and workforce strategy?

The problem usually is not a matter of data collection or computer analysis. Most companies face problems when it comes to asking the right questions before aggregating data, understanding what the data really show, and most importantly, having the courage to act on the data to change their business.

Many procurement and HR professionals concerned with workforce management may wish they knew how to use big data the right way. Instead of relying on wishful thinking, Beeline sponsored a webinar on Thursday, August 28, 2014 to address the topic. After all, Beeline is a data-driven company and knows how to work with massive amounts of information.  [click to continue…]

Posted in Analytics, Workforce Intelligence | Leave a Comment »

The New State of Contingent Workforce Management

by Chris Dwyer on August 26, 2014

Ardent PartnersThe contemporary spectrum of the non-traditional workforce is consistently shifting and evolving. Modern enterprises must build and develop contingent workforce management (CWM) programs that can address a variety of attributes that differ greatly from this category’s historical processes. Ardent Partners is set to publish the second edition of its annual State of Contingent Workforce Management research report, and we’re asking for your participation in a 12-minute online survey that will help influence and shape the research findings for this critical new CWM study.

The upcoming State of Contingent Workforce Management report

The upcoming State of CWM report is set to publish in October, will address a range of hot-button items in this industry, including:

  • The evolving role of Vendor Management System (VMS) technology in addressing classic and fresh aspects of CWM programs, from supplier management to SOW management.
  • The notion of the “perfect storm,” a concept that applies to the rise in utilization of contract talent, freelance talent and independent contractors, and their benefits to the average enterprise.
  • The concept of total talent management (TTM), which entails the centralized management of both traditional and non-traditional workers utilizing both CWM-specific solutions (i.e., VMS, MSP, etc.) and human capital management platforms (such as RPO) in an integrated manner. In last year’s State of Contingent Workforce Management study, total talent management was the number one aspect expected to be a part of the CWM industry’s future.
  • Further discussions of Ardent’s landmark Contingent Workforce Management Framework. The Framework educates companies across the globe on the best capabilities, competencies, and strategies to build into their contingent workforce management programs.

Click here to participate in the new survey. All participants will receive a complimentary edition of the upcoming report, expected to publish in early October. I personally thank you for your insights!

Posted in Contingent Workforce | Leave a Comment »

Beeline announces OnForce merger & other weekly workforce news

Once again, we’re bringing you our Beeline Weekly Roundup. We seek out the top industry headlines and workforce trends each week, to keep you informed about what’s happening in the world of temporary employment.

This week…

Beeline Announces Merger with OnForce (via Beeline)

Adecco Group has acquired OnForce and is merging the company under Beeline’s portfolio of workforce solutions. Beeline and OnForce will deliver the first integrated solution that offers customers multiple channels for sourcing talent. Combining Beeline VMS with OnForce FMS gives customers unprecedented access to both their trusted supply chain and their network of highly skilled, carefully vetted, and correctly classified independent contractors through one cloud-based solution. This merger is a major step forward for Beeline as we work to achieve our vision and deliver the tools our customers need to effectively manage their extended workforces.

Everything You Need to Know Before Hiring a Temp (via Fast Company)
Studies say that 42 percent of companies are already implementing or are thinking about ramping up temporary hiring for their organizations; moreover, with the temporary workforce slated for a 7 percent growth in 2015, it’s completely valid to consider temporary workers for your workplace. However, it’s important to think about the different risks and benefits associated with hiring temporary workers. Who are temporary workers? What are the costs versus full-time workers? What are the legal considerations to make with temporary hires? Fast Company covers all the bases in this article.

Smaller Spend Levels Can Call for an MSP/VMS (via The Staffing Stream)
When companies process less than $20 million in their temporary labor spend on an annual basis, it makes sense to deploy an MSP/VMS program on operational, administrative and financial levels. Historically, those companies spending less than $20 million simply did not think that implementing MSP/VMS programs was beneficial, managing programs in-house through Procurement and HR departments instead. Now, the opposite is true, as innovative MSP/VMS providers are able to deliver benefits in spend-restricted environments. The Staffing Stream compiles a list of benefits to this in their article.

Freelance Workers a Growing Segment of California Economy (via Los Angeles Times)
Though the official state unemployment rate for California dropped to 7.4 percent in June, 6.2 million Californians are still jobless, not working enough or working under-the-table jobs. California companies are still timid when hiring back full-time workers due to rising costs and the effectiveness of their outsourcing plans. However, many have turned to contingent workers to keep projects moving, though turnover rates still remain fairly high.

That’s it for this week. Be sure to bookmark the Beeline blog to stay informed about the industry trends and findings. We hope everyone has a great week!

Posted in Company News, Industry News, Workforce Intelligence | Leave a Comment »

Unemployment Down in Europe, and other workforce news 7/28-8/1

Hello and happy Friday! It’s time for the Beeline Weekly Roundup. We scope out industry headlines and trends weekly, so that you stay informed about what’s happening in the temporary workforce.

This week…

Europe: Unemployment Falls for Second Consecutive Month (via Staffing Industry Analysts)
The Eurozone saw a 0.1 percentage point drop in unemployment in June 2014, now sitting at 11.5 percent. For Europe, this is the lowest level of unemployment since September 2012. When looking at just EU Member States, unemployment sits at just 10.2 percent, also dropping 0.1 percentage points from May. The lowest rates lie in Austria – at 5.0 percent – and Germany – at 5.1 percent. The highest rates are in Greece and Spain; both countries have unemployment rates well over 20 percent.

Temporary Workers Likely to Make Up One-Fifth of Workforces by 2022 (via CPID)
Currently, only one in seven workers actually want to work in a “traditional” nine-to-five office setting, according to the Future of Work report. One-fifth of those surveyed in China, India, Germany, the UK, and the US, see themselves working remotely and virtually, with the ability to log on from anywhere in the world within the next 10 years. Moreover, HR professionals that were surveyed predict that at least 20 percent of their workforce is going to be made up of temporary workers or contractors within the next eight years and are building strategies to work with the change.

The Compliance Management Checklist, Part I (via CPO Rising)
CPO Rising created a “Compliance Management Checklist” series to help enterprises and organizations narrow down the most important, modern compliance measurement items and highlight the risk details widespread in the contemporary spend management spectrum. In the first part of this series, CPO Rising touts: Standardized contract language/terms, procure-to-pay processes, and enforcement of a preferred supplier program.

That’s it for this week. Be sure to bookmark the Beeline blog to stay informed about the industry trends and findings. We hope everyone has a great weekend!

Posted in Industry News, Workforce Intelligence | Leave a Comment »

Hiring in June & other workforce news with Beeline

Once again, we’re here for the Beeline weekly roundup. We scope out industry headlines and trends each week, so that you stay informed about what’s happening in the temporary workforce world.

This week…

Hiring Booms in June as Economy Speeds Up (via Market Watch)
The Bureau of Labor Statistics released their July economic situation last week. It was revealed that 288,000 jobs were added in June, which is the fifth consecutive month in which there have been more than 200,000 jobs added to the U.S. market. The last time this happened was in 1999. Because of the large growth, the unemployment rate also dropped 0.2 percentage points, now resting at 6.1 percent. This is good news, as the unemployment rate has officially exceeded the Fed’s year-end prediction just halfway through the year.

US Adds 10,100 Temporary Jobs; Penetration Rate Hits New High (via Staffing Industry Analysts)
The Temporary Help Services Sub-Sector added 10,100 jobs in June, which means that there are now almost 2.9 million temporary workers in the U.S. labor force. The temporary penetration rate, which is the percentage of temporary jobs in total employment, is now at 2.0677 percent, a new record high for the rate.

Procurement Outsourcing Market Sees 12 percent Growth for 2013 (via Shared Services Link)
The year 2013 was good for end-to-end procurement process outsourcing, according to Everest Group. They recorded notable growth of 12 percent for the year. The Procurement Outsourcing Annual Report 2014: Expanding New Horizons paper has predicted an additional 10to 12 percent growth for 2014, as well as contract size increases. Everest claims that the rise of value-added procurement outsourcing has allowed organizations to examine new dimensions to potential partners in outsourcing.

That’s it for this week. Be sure to bookmark the Beeline blog to stay informed about the industry trends and findings. We hope everyone has a great 4th of July weekend!

Posted in Industry News, Workforce Intelligence | Leave a Comment »

Monthly Temporary Workforce Report

This month, the Bureau of Labor Statistics released their monthly economic report, touting the current hiring situation and health of the economy. This report showed that the United States added 217,000 positions to the overall labor force in May 2014. Because this number was fairly lackluster compared to last year’s report, the unemployment rate remained stagnant, sitting at 6.3 percent.

What about Temporary Help Services?

Temporary Help Services, a sub-sector of Professional and Business Services, saw significant boosts upward at the beginning of 2014 and continued to chug along splendidly into the second quarter of the year.

This month, temporary health services saw moderate growth, adding an additional 14,300 jobs to the already strong sub-sector. Since last year, temporary help services added 224,000 jobs to the U.S. economy. Currently, we have almost 2.9 million temporary workers in the United States.

Temporary Penetration Rate still strong

May’s Temporary Employment Penetration Rate is still high, sitting at 2.065 percent, according to the BLS. With the upkeep of the temporary employment penetration rate and a record reliance on temporary employees in the United States, staffing companies are seeing strong results.

Staffing companies accounted for 2.06 percent of non-farm payrolls in May. The percentage rose for the 19th time in the past 20 months, with October 2013 being the only exception. This could be pointed back to last year’s government shutdown.

Noteworthy: BLS Revisions of May’s Report

In this month’s report, the BLS noted minor revisions regarding May’s report. Prior to revision, May reported the addition of 288,000 jobs in April, however it has since been changed to 282,000. The temporary employment penetration rate, originally reported at 2.065 percent was since revised at 2.058 percent.

Be Involved: What are your thoughts about June’s report?

Do you think temporary hiring will keep up the momentum through the rest of 2014? What do you think July will reveal with the start of temporary employment for the summertime? Share your thoughts with us in the comments section below!

Posted in Industry News, Temp Workforce Report | Leave a Comment »