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Procurement Market Intelligence Report
Contingent Workforce Management Services
Sourcing Guide & Market Trends
Comprehensive intelligence for making smart purchasing decisions
Learn about actual and potential costs
How much should I pay for Contingent Workforce Management Services?
What is the average price of Contingent Workforce Management Services?
This procurement report includes pricing information to help you purchase Contingent Workforce Management Services. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.
Has the price of Contingent Workforce Management Services been rising or falling?
Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.
I’m not ready to purchase Contingent Workforce Management Services yet. Will I pay more if I wait too long?
We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.
What other costs are associated with purchasing Contingent Workforce Management Services?
Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Contingent Workforce Management Services with a reduced risk of unexpected costs.
See how we display average pricing information, trends and market data.
Find the vendor to meet your needs
Where can I purchase ?
Market share concentration in the contingent workforce management services market is high and rising. There are an estimated 3,300 providers of contingent workforce management services in the United States. While the number of providers leads to some competition, the largest suppliers in the market, such as Allegis Group, ManpowerGroup's TAPFIN,... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
Customer Service
Amid widespread health concerns, what contingency plans are in place to mitigate risk to your clients and employees? Do you offer clients any flexible exceptions, such as contract suspensions?
Do you have dedicated account managers available to address questions or concerns?
What is the average retention rate among your clients?
Have you had any major complaints from past clients? How have you dealt with these complaints?
How many current clients do you have in my industry? How does this impact your ability to source candidates due to conflicts of interest and an inability to contact current employees of your other clients?
Can you provide references or case studies from previous clients similar to me?
Are you experiencing fluctuations in demand as a result of the coronavirus outbreak? What measures are you taking to handle increased or reduced demand?
Value-Added Services
Does your firm specialize in contingent workforce management? If not, what is your primary line of business?
Do you offer vertically integrated staffing services through your own company? Is there a discount for using you as a master vendor?
Does working with you garner any discounts on permanent personnel recruitment?
Are you looking to expand your service offerings during the next three years? How so?
Do you offer contingent workforce management services for temporary employees located outside of the country?
Timeliness
Can you create a timeline of steps involved in the development and implementation of a contingent workforce plan for my company?
Have you ever encountered setbacks in the implementation of a contingent workforce program? What were they and how did you solve them?
How accurate are your time estimates for the hiring of personnel?
What are your primary metrics for measuring the timeliness of temporary placements?
What is your rate of on-time placements?
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Key elements for every RFP
What should my RFP include?
Project Budget
Buyers should disclose the overall budget for the project, if relevant.
Buyers should state their preferred pricing model and terms of payment.
Buyers can reference the Benchmark Price and Total Cost of Ownership sections of this report for assistance in creating a budget.
Selection Criteria
Buyers should evaluate vendors on the experience and qualifications of the firm and the recruiters, consultants and administrators assigned to the account.
Buyers should evaluate vendors' capacity and ability to meet the scope of the work.
Buyers should evaluate vendors based on their projected costs.
Buyers should evaluate references from vendors' previous clients.
For other selection criteria requirements, buyers should reference the Buying-Decision Scorecard section of this report.
Project Schedule
Buyers should outline when proposals must be submitted.
Buyers should communicate to prospective suppliers when bid awards will be posted.
Buyers should state when the staffing services should begin.
Buyers should outline the length and terms of the contract and cancellation policy.
Evaluate major factors to mitigate risk
How risky is the supply chain?
The risk of input price shocks or discontinuity of service due to supply chain issues is low for contingent workforce management services. The supply chain for MSPs is fairly stable, and there are no critical inputs that threaten the availability of services. Suppliers rely on widely available products and services,... Subscribe to learn more.