ManpowerGroup MAN Solutions' Managed
Service Provider (MSP), TAPFIN, today released the world's first Contingent
Workforce Index at Staffing Industry Analysts' (SIA) Contingent Workforce
Strategies (CWS) Summit in Chicago. The Contingent Workforce Index is an
innovative approach to measuring contingent labor favorability, comparing and
ranking 75 countries on the conditions for contingent workforce engagement.
According to the report, Hong Kong, New Zealand and the United States are the
top three countries for contingent workforce engagement.
"Our clients are operating in an environment where the only certainty is
uncertainty, and this creates tremendous complexity when it comes to
developing global workforce strategies, especially as it relates to contingent
labor planning," said Kip Wright, ManpowerGroup Solutions Senior Vice
President and TAPFIN General Manager. "The Contingent Workforce Index provides
first-of-its-kind insight around contract labor with a country-level look at
how contingent labor markets compare to one another. With this unparalleled
perspective, business leaders have the ability to analyze markets based on
their unique criteria and objectives, but in a way that simplifies the
analysis of that information, allowing them to make better informed decisions
about their workforce."
Each of the 75 countries in the Index is assessed on 36 market conditions and
statistics that influence the state of the contingent workforce. Using a
proprietary formula, countries are ranked on their overall environment for
contingent workforce engagement and in four key categories: availability of
contingent workers, cost of engaging contingent workers, regulation of
workforce engagement and contingent workforce productivity. This exclusive
analysis provides insights for many aspects of business planning, from
expansion of global workforce strategies and MSP programs, to capacity
planning and sourcing strategies.
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