FOR IMMEDIATE
RELEASE
ABERDEEN GROUP REPORT SPONSORED BY
GUIDANT GROUP REAFFIRMS CRITICAL ROLE OF MSPs IN MANAGING CONTINGENT WORKFORCE
Report Reveals Cost Savings of 8% to
11% Per Year For Companies Using MSPs To Manage Contingent Labor; Guidant Group
Customers Experience Similar Savings
HOUSTON, Nov. 19, 2009 —
According to a recent study by Aberdeen Group, utilizing
expertise, solutions and programs provided by managed service providers (MSPs)
is a critical step to turn an underperforming or average enterprise into
best-in-class with regards to its contingent workforce management. The report,
“Contingent Labor Management: Best-In-Class Contingent Workforce Strategies For
2010…And Beyond”, was sponsored by Guidant Group Inc., a managed services and
talent acquisition consulting company.
“Our research has found that as enterprises’ MSP programs
mature, they drive consistently higher cost savings on their contingent labor
spending,” said Christopher Dwyer, Aberdeen research analyst and author of the
report. “By outsourcing contingent labor management to MSPs, enterprises have
not only seen an immediate impact on savings of 8 percent in the first year,
they’ve also been able to sustain and develop those savings as the program
matured to as much as 11 percent savings after 4 years.”
The Aberdeen Group research also found that 66 percent of
top-performing enterprises are readily outsourcing the day-to-day contingent
labor operations to MSPs that not only hold expertise in the field, but also
handle all the processes within the contingent labor cycle, including sourcing,
administration, compliance-tracking, vendor performance, and
onboarding/offboarding. In addition, MSPs assist enterprises in controlling the
volatile nature of contingent labor costs; in fact, enterprises leveraging MSPs
to manage their contingent labor programs have achieved cost savings that are
nearly 40 percent higher than enterprises that do not work with MSPs.
“MSPs can streamline contingent labor processes and
introduce efficiencies that positively affect pay-rates, mark-ups and other
negotiations that are sustainable over time,” said Dennis Kanegaye, President of
Guidant Group. “Guidant Group customers, including the University of Southern
California, Northeast Utilities and Duke Energy, have seen consistent savings in
their contingent labor costs after engaging with us.”
This report collected data from nearly 200 enterprises
between September and October 2009 in order to develop a comprehensive look into
the processes, procedures, and methodologies of best-in-class enterprises using
contingent labor in diverse industries. The report, published on November 12,
2009, is available for downloading at
http://www.guidantgroup.com
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About Guidant Group, Inc.
Guidant Group is a managed services
and consulting company dedicated to developing comprehensive and integrated
talent acquisition programs for its clients. The company leverages its vast
experience in the staffing industry, recruitment infrastructure, valuable sector
knowledge, and proven methodologies to deliver a holistic approach to improved
talent acquisition. Please visit
www.guidantgroup.com
for more information.
About Impellam
Impellam Group plc is the parent
company of CORESTAFF Services. Based in the UK, Impellam operates across a broad
range of staffing sectors and is complemented by businesses in the outsourced
support services sector. In addition to its CORESTAFF locations in the United
States, Impellam operates offices throughout the United Kingdom, Australia, New
Zealand, Ireland and Switzerland. For more information on Impellam, please visit
www.impellam.com.
Media Contacts:
Ronnie
Kihlstadius, Guidant Group, 888-772-2094,
Ronnie.kihlstadius@guidantgroup.com
Brad Leone, Pennebaker
Fifth Ring, 713-963-8607,
brad@fifthring.com