Employees vs. Contractors

6 Ways to Strike the Right Balance

Businesses often get more done more cost-effectively by calling upon a combination of both employees and contingent workers. But too many organizations leave this decision up to managers who often lack the data or ability to make the best decision. 

So how can your company take the best advantage of both employees and contingent workers? Download this eBook to learn about six considerations that can get you started down the right path:

  • Choose for the task at hand
  • Make sure you get the math right
  • Understand employment laws
  • Use predictive analytics
  • Understand your contingent workforce options
  • Consider the effects of supplier management
Hiring contingent workers can reduce costs, but misclassifying workers can expose you to significant liability. A study by the Aberdeen Group found that organizations employing a VMS are almost 80% compliant, compared to 60% of organizations that don’t use one.