Live Demo Global Solutions – Anywhere & Everywhere Worldwide Contingent Workforce Management Today, virtually every leading company worldwide (e.g., FORTUNE 500, Global 1000) uses non-employee workers to augment their labor force and make it more agile. In today’s on-demand economy, companies recognize the strategic advantages of an extended workforce and embrace the opportunities that today’s new real-time talent engagement strategies can deliver. To support the pace and complexity of on-demand talent sourcing and management, organizations rely on powerful non-employee workforce solutions called Vendor Management Systems (VMS). A VMS not only automates tedious processes and increases operational efficiency. It also provides workforce visibility and turns massive amounts of data into the insight required to make strategic business decisions. Compliance–a concern for global programs While globalization allows today’s businesses to find, source, and engage talent like never before, it also raises issues of statutory compliance and visibility to the utmost importance. If you have only partial visibility of your non-employee workers or are only ensuring compliance in a few geographical areas—but not in all—you may be putting your program, your position, and your company in jeopardy. Compliance is a major reason multinational companies are “globalizing” their contingent workforce programs. According to industry analysts, 35 percent of companies today have a global contingent workforce program in place with the necessary capabilities for finding, engaging, and managing talent across various geographies. An additional 42 percent of businesses plan to develop a global contingent workforce program within two years. Why it pays to “think global, act local” There are several things companies need to consider before expanding their non-employee labor programs globally. First among these is the fact that there is no homogeneous “global contingent workforce” and no single set of laws and regulations that controls all talent engagements. Despite the fact that talent is globally distributed and increasingly accessible, global program strategies must encompass localized components that account for geographical variations in labor laws, tax structures, cultural norms, and market dynamics. For this reason, most companies have discovered that a contingent workforce program developed for one country can rarely be exported to another country without some necessary localization, and it is typically more complicated to implement the program in other countries than in the country where you started. In other words, a one-size-fits-all approach to the world does not work. A better solution is to develop a global strategy based on common goals across the organization, and then tailor each local program based on local market conditions, business customs, and labor regulations. The result will be a more flexible and agile program that provides global visibility and continuity. Consider cultural differences In addition to the tangible differences between countries and regions—languages, laws, tax structures, and more—there are other differences that must be considered. Many of these are cultural in nature and may exert a strong influence on whether an international program expansion will succeed. Change management is one example. In some cultures, change is driven from the top down, so it is crucial to establish top management’s support from the beginning. In other cultures, innovation is traditionally driven from the bottom up. To ensure effective adoption of the program, program owners will need to understand how this process works in the cultures involved and develop their change management and training plans accordingly in order to ensure success Expert Guidance is Available Contingent workforce program managers should remember that they don’t have to do this alone. For insight and planning, it is prudent to engage a guide. Your managed services provider (MSP) can help, and so can your VMS provider. Beeline has overseen hundreds of localized rollouts of global VMS solutions. Whether you have to manage one – or many – local contingent workforce program implementations, it is nice to know that your VMS partner has done this many times before. Regional VMS Hubs Are a Cost-Effective Option Sometimes it is not practical or cost-effective to implement a localized solution in countries where you have only a few workers. At the same time, it is important to include these workers in your overall program for both visibility and compliance purposes. In these cases, the right answer can be Beeline’s Regional VMS solution, a unique product offering that allows visibility and global consistency, even for smaller, outlying operations and satellite offices. Support by local experts Beeline is supported, managed and delivered by a team of VMS experts who are located in close proximity to customers all around the world. Our international team includes the following resources: Get the Latest Information on Industry Trends, New Products, and Emerging Technologies All these resources are available for you eBook Why VMS? Why now? COVID-19’s impact on contingent workforce management When a crisis strikes or an emergency occurs, business continuity takes top priority. 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