How we saved our client 4% of their overall contingent workforce spend in 1 Year

Our client is the local arm of a leading global insurance and financial services organisation providing a wide range of life, personal wealth and general business insurance products and services.

Challenge:

Our client was looking for a partner to support and improve the management of their contingent workforce.
They needed help to:

• Deliver cost savings
• Ensure oversight of the entire contingent workforce category process
• Address and mitigate future co-employment risks
• Review & re-establish contractor sourcing agreements

Solution:

• Implemented a standardised rate card, standardised margin and tenure margin reduction
• Candidate Care Program that increased contractor engagement and productivity
• Built and managed Bespoke VMS / ATS
• 24 / 7 real-time reporting built to order
• NPS tracking and reporting for continuous improvement
• Single point of contact for all contractors and queries
• WHS Management for contingent workforce
• Centralised Invoicing
• Advisory Services across; compliance, workplace law, worker engagement practices, diversity & inclusion, supplier & contract reviews, market intelligence etc.