HCM Strategies is a full-service workforce analytics firm. Our passion for analytics comes from our deep roots in data, analytics, finance & corporate strategy.
@AlanTonelson We recommend using the Employment Cost Index, rather than Employer Costs for Employee Compensation, to analyze changes over time. We have an article that explains these data sets. It's about 20 years old, but the basic ideas still hold today. Please see:
https://t.co/1eDFYOiKYC
“unlike previous cycles, I’m not seeing rising pay rates even though the demand is outpacing the supply,” Barsoumian. https://t.co/g7Hsu91R0D
Is your contingent workforce ratecard optimized to labor market trends while aligned to your recruiting strategy?
Wages are rising at a record pace, talent demand is outpacing talent supply, and procurement / supply chain positions are in high demand. Is your contingent labor rate card optimized to account for these and other market changes?
https://t.co/DI9YBZQlca
Is pay equality the new normal? We think so. The best way to ensure pay equality in your contingent workforce program, a robust and proactive rate card which sets market rates based on skills, experience and market conditions.
https://t.co/8PrzSMJgrB