Today’s companies, both large and small, are constantly forced to face re-evaluating the composition mix of their internal versus external talent in order to shift strategies, better meet business goals and remain viable in highly competitive markets and industries.

However, most companies recognize the need to reduce legal and tax risk by allowing a trusted 3rd party to handle the strategic planning, on-boarding, work direction and payment of their external workforce.  This is where SDL provides differentiating value, as compared to other vendor partners.

Research indicates that over 45% of workforces will be made up of contract/flexible talent within the next 2 years, a trend which is a growing three times faster than traditional employment. Now, you too have a powerful option to add as a strategic component to your workforce initiatives.  The ability to scale up or down development manpower as needed, without impacting employee morale, is a priceless competitive advantage in the war for talent.

Our Contractor Management Service will help you:

• Set up and manage your independent contractor engagement program – from on-boarding to off-boarding
• Better leverage an external workforce which reduces costs and enables the improvement of overall financial performance
• Eliminate the administrative burden of finding, engaging and managing independent workers
• Manage your talent supply chain for compliance, consistency and the reduction of legal risks, no matter if you have 1 or 10,000 contractors

Affordability

You may be asking yourself, “Can we afford to outsource all or part of our Contractor Management?”  A better question to ask  is, “Can you afford not to?”

Rarely is there “extra” budget for this type of initiative, however in some cases, utilizing contract staff may in fact make better business sense.  According to the principles of cost accounting, an employee actually costs their employer 2.4 – 3.3 times their base salary.  This includes expense allocations for items such as medical/dental insurance, worker’s comp insurance, liability insurance, 401k contribution, bonuses, payroll taxes, paid time off and their share of indirect costs (training, meeting expenses, office supplies, legal fees, technology services, office rent, corporate taxes, mobile devices, conferences/trade shows, etc.)

Using a Contractor Management Service partner, only when needed, usually saves a company up to 40% due to non-existent employee-related expenses.