David Reid

How to turn compliance into profit: Compliance in contingent workforce management isn't just about avoiding penalties - it's your secret weapon for growth. Building a compliance advantage requires 20% strategic planning and 80% execution excellence. Execution excellence enables you to: • Turn risk management into revenue opportunities • Transform regulatory burdens into operational efficiency Smart compliance is the new competitive edge. It's the transformation of regulatory requirements into business acceleration tools. Here's the roadmap: 1. Map your current compliance landscape 2. Identify optimization opportunities 3. Build automated monitoring systems 4. Create response protocols 5. Measure and improve continuously 2024 brought powerful tools to maximize compliance efficiency: Tools like: • Digital identity verification - to streamline onboarding • Real-time monitoring systems - to catch issues early • Automated documentation - to reduce manual work • AI-powered risk assessment - to predict challenges The new competitive advantage is in proactive compliance. • Diversify across regions (local / state / federal / international) • Own your data (capture compliance metrics) • Build trust (consistently deliver audit-ready results) Mastering compliance enables you to become unstoppable. Get there by: • Automating routine checks • Training your team regularly • Creating clear protocols • Maintaining documentation Recognize that your approach is unique. Pick a path towards compliance excellence, but share every learning. Your journey of different solutions and experiences creates a distinctive story. Community is the new risk management. • Lean into knowledge sharing • Find your compliance network • Create a learning hub • Constantly update / improve / gather insights Your team's needs will guide your compliance roadmap. "Compliance is not a constraint, it's a catalyst for innovation." Beliefs drive compliance success. The biggest mistake I see with early programs: They mistake complexity for effectiveness. Simplicity is what enables your success, protect it at all costs: • Document clearly • Automate wisely • Review regularly The journey to compliance mastery has its doubts. Consistency is your antidote: • Increases confidence • Attracts trust • Changes perspective ♻️ Share if this resonates and follow me for more goodies. P.S. A simple like will make my day 😎 #BeTheChangeYouWantToSee #PeoplePlacesProjects

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How to cut contingent workforce costs by up to 30% 👀 (While keeping top talent happy and productive) Here's my proven framework for optimizing costs without sacrificing quality. 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝘃𝗲𝗻𝗱𝗼𝗿 𝗺𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗶𝘀 𝘆𝗼𝘂𝗿 𝘀𝗲𝗰𝗿𝗲𝘁 𝘄𝗲𝗮𝗽𝗼𝗻: ✅ Consolidate your supplier base ✅ Negotiate volume-based discounts ✅ Implement performance metrics ✅ Regular rate card reviews ✅ Build strategic partnerships 𝗘𝗻𝗵𝗮𝗻𝗰𝗲 𝘀𝘁𝗮𝗸𝗲𝗵𝗼𝗹𝗱𝗲𝗿 𝗰𝗼𝗺𝗺𝘂𝗻𝗶𝗰𝗮𝘁𝗶𝗼𝗻: ✅ Clear role requirements ✅ Regular feedback loops ✅ Standardized onboarding ✅ Performance tracking ✅ Quarterly business reviews 𝗟𝗲𝘃𝗲𝗿𝗮𝗴𝗲 𝘁𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆 𝘄𝗶𝘀𝗲𝗹𝘆: ✅ Deploy a robust VMS ✅ Automate routine tasks ✅ Track spending patterns ✅ Monitor supplier performance ✅ Generate data-driven insights 𝗗𝗶𝗿𝗲𝗰𝘁 𝘀𝗼𝘂𝗿𝗰𝗶𝗻𝗴 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀: ✅ Build talent pools ✅ Create alumni networks ✅ Implement referral programs ✅ Develop employer brand ✅ Reduce agency dependency 𝗤𝘂𝗮𝗹𝗶𝘁𝘆 𝗰𝗼𝗻𝘁𝗿𝗼𝗹 𝗺𝗲𝗮𝘀𝘂𝗿𝗲𝘀: ✅ Set clear KPIs ✅ Regular performance reviews ✅ Skills assessments ✅ Project milestones ✅ Continuous feedback Smart cost optimization isn't about cutting corners. It's about creating efficient processes that deliver value. Your contingent workforce can be both cost-effective and high-performing. What's your biggest challenge in managing contingent workforce costs? Share below.

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Struggling with vendor management? Here's your blueprint. Vendor relationships can make or break your contingent workforce program. Here are 6 proven strategies to transform your partnerships into powerful assets: 1️⃣ Strategic communication framework • Regular performance reviews • Clear escalation paths • Data-driven feedback loops 2️⃣ Value-based negotiations • Win-win pricing models • Performance incentives • Long-term partnership focus 3️⃣ Technology integration • Seamless systems connection • Real-time data sharing • Automated workflows 4️⃣ At successful programs, I've implemented: • Quarterly business reviews • Shared KPI dashboards • Joint innovation sessions 5️⃣ Vendor optimization toolkit Essential elements include: • Performance scorecards • Market rate analysis • Service level agreements 6️⃣ Partnership excellence program Transform relationships with: • Innovation workshops • Best practice sharing • Continuous improvement cycles Want to elevate your vendor partnerships? Follow me for more insights on building high-performing contingent workforce programs. ♻️ Share if this resonates. P.S. A simple like will make my day 😎 #BeTheChangeYouWantToSee #PeoplePlacesProjects

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Struggling to manage your contingent workforce effectively? You might be leaving millions on the table. Statement of Work (SoW) management could be the game-changer you’ve been looking for. It can boost visibility, cut costs by up to 21%, and strengthen governance - all while allowing you to tackle large projects without affecting your profit and loss statement. ➡️ Read our latest article to discover how SoW management can transform your workforce strategy and unlock hidden potential: https://lnkd.in/emn9fgp6 #ContingentWorkforceManagement #StatementofWork #PageOutsourcing https://dy.si/wJXRB

What are the most common challenges faced when implementing a 1st Gen MSP? Find out about the challenges 50 organizations faced and how you can avoid them

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Thanksgiving and Christmas fast approaching! If you are considering new opportunities for 2025 get in touch with reesmarx If you are in the process of, or have completed, budgeting for new hires to continue your growth in 2025 get in touch with reesmarx Nick Gilmour Matt Mann or Ericha Hartz if you are exploring the best way to grow internationally! #globaltalent #eor #globalexpansion

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🚀 Building a Future-Ready Workforce through Upskilling and Continuous Learning 🚀 In today's rapidly evolving job market, staying ahead means embracing change and investing in continuous learning. Morgan McKinley's latest article dives deep into the necessity of upskilling and reskilling employees to build a resilient and future-ready workforce. 🔍 Key Highlights: 1)The importance of creating a culture of continuous learning. 2)Practical strategies for implementing effective upskilling programs. 3)Real-world examples of companies that have successfully adapted to change through employee development. Discover how forward-thinking organizations are navigating the skills gap and fostering a culture that not only embraces change but thrives on it. 🌟 Ready to future-proof your career or your team? Don't miss out on these valuable insights! Read the full article here - click the link in the comments #FutureOfWork #Upskilling #ContinuousLearning #CareerDevelopment #WorkforceTransformation #Leadership #HR #TalentManagement

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How to cut your workforce costs by 30% (Without losing a single top performer) Here's my blueprint for optimizing contingent workforce spending while maintaining exceptional quality: 1️⃣ 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝘃𝗲𝗻𝗱𝗼𝗿 𝗰𝗼𝗻𝘀𝗼𝗹𝗶𝗱𝗮𝘁𝗶𝗼𝗻 • Identify top-performing suppliers • Negotiate volume-based pricing • Build stronger partnerships with fewer vendors 2️⃣ 𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆 𝗶𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻 • Implement a VMS for real-time tracking • Automate routine processes • Use AI for better candidate matching 3️⃣ 𝗤𝘂𝗮𝗹𝗶𝘁𝘆 𝗺𝗲𝘁𝗿𝗶𝗰𝘀 𝗼𝘃𝗲𝗿𝗵𝗮𝘂𝗹 • Define clear performance indicators • Track hiring manager satisfaction scores • Monitor project completion rates 4️⃣ 𝗥𝗮𝘁𝗲 𝗰𝗮𝗿𝗱 𝗼𝗽𝘁𝗶𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻 • Analyze market rates by role • Standardize pricing across regions • Create skill-based compensation tiers 5️⃣ 𝗣𝗿𝗼𝗰𝗲𝘀𝘀 𝗲𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆 • Streamline onboarding workflows • Reduce time-to-fill metrics • Eliminate redundant approvals The secret isn't cutting costs blindly It's about strategic optimization that protects your talent quality What's your biggest challenge in managing contingent workforce costs? Share below.

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Join us for an insightful session on global contingent workforce strategies with Michelle McSweeney and Scotty Parrish. Discover best practices and actionable steps. Don't miss out—register now and elevate your CW program!

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Interesting article about IT talent bench strength diminishing. As the war for talent continues to be waged and talent availability is strained, leveraging the right outsourcing partners with proper bench strength is critical. #outsourcing #staffingtrends #ITstaffing

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💼 4 Ways to Reduce Contingent Labor Costs Without Compromising Quality 💼 Managing costs in contingent labor doesn’t have to mean cutting corners. Here are proven strategies to help streamline expenses while ensuring your team gets the talent they need: 1️⃣ Optimize Supplier Contracts: Renegotiate terms to ensure competitive rates and volume discounts, maximizing the value from top-performing vendors. 2️⃣ Implement Strategic Workforce Planning: Forecast demand accurately to avoid overstaffing or costly last-minute hires, aligning talent acquisition with real business needs. 3️⃣ Leverage Direct Sourcing: Build a talent pool of pre-vetted candidates, reducing dependency on third-party suppliers and lowering acquisition costs. 4️⃣ Focus on Compliance & Process Efficiency: Minimizing compliance risks and streamlining onboarding reduces delays and administrative costs, keeping projects on track and under budget. Ready to make an impact? Let’s connect on innovative ways to save on contingent labor! #ContingentLabor #CostReduction #TalentManagement #BeTheChangeYouWantToSee

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🎂 Today I turn another year wiser in the world of contingent workforce! Here are 3 birthday wishes that perfectly align with our industry's future: 1️⃣ 𝗗𝗶𝗿𝗲𝗰𝘁 𝗦𝗼𝘂𝗿𝗰𝗶𝗻𝗴 𝗺𝗮𝗴𝗶𝗰 May organizations discover the power of building their own talent clouds ✅ Reduced time-to-hire ✅ Cost savings up to 30% ✅ Better candidate experience 2️⃣ 𝗔𝗜-𝗽𝗼𝘄𝗲𝗿𝗲𝗱 𝘄𝗼𝗿𝗸𝗳𝗼𝗿𝗰𝗲 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 Like blowing out candles, may AI light the way forward ✅ Smarter matching algorithms ✅ Automated compliance tracking ✅ Predictive analytics for workforce planning 3️⃣ 𝗗𝗶𝘃𝗲𝗿𝘀𝗲 𝘁𝗮𝗹𝗲𝗻𝘁 𝗲𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺𝘀 Just like a birthday cake needs different ingredients ✅ Broader talent pools ✅ Inclusive hiring practices ✅ Enhanced innovation through diversity 𝗕𝗼𝗻𝘂𝘀 𝘄𝗶𝘀𝗵: May your contingent workforce program be as sweet as my birthday cake! 🍰 If you feel like celebrating with me, share your workforce wishes in the comments below and make sure you follow me for more insights on the future of work 🎉 P.S. Cake is temporary, but great talent strategies are forever! #BeTheChangeYouWantToSee #OldTimer #HasAnyoneSeenMyGlasses

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How to Build a Multi-Million Dollar Direct Sourcing Program: (and save up to 40% in staffing costs!) Want to transform your contingent workforce approach? Let’s delve into how you can master direct sourcing: 1️⃣ Start with your Foundation: - Define specific talent needs - Document essential skills - Map out timelines - Set clear budgets 2️⃣ Build Your Brand Talent Magnet: - Craft compelling job descriptions - Create targeted outreach campaigns - Design a strong employer value proposition - Set up candidate communication flows 3️⃣ Leverage Your Existing Resources: - Tap into internal databases - Utilize employee networks - Engage past contractors - Connect with silver and bronze medalists 4️⃣ Implement Smart Technology: - Deploy efficient systems - Use AI-powered matchmaking - Enable automated updates - Track engagement metrics 5️⃣ Train Your Team: - Develop sourcing expertise - Build assessment frameworks - Define engagement protocols - Establish quality benchmarks The right strategy elevates your brand and improves candidate experience. Execute systematically to see real change! Let's hear your thoughts – what's working in your direct sourcing strategy? Drop a comment, follow me for more insights, or reshare if this resonates! Cheers to innovative workforce solutions! #DirectSourcing #WorkforceManagement #BeTheChangeYouWantToSee

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Are you looking to enhance your contingent workforce and drive significant improvements in efficiency and cost savings? On average, our clients save 10-20 percent in cost savings in the first year of a Managed Services Program (MSP) partnership. In our latest blog post https://ow.ly/mnoN30sEk4q we highlight six key benefits of MSP partnerships that extend far beyond cost savings.

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In the US, RPO providers are closely integrated into organizations. When it comes to contingent labor however, things are very different. Can we do some of the things we do with RPO, with contingent talent? Can we narrow the train tracks between contingent and full-time labor? Learn how to attract, engage and retain contingent workers, and explore the future of contingent hiring: https://lnkd.in/gmSbuxh8 #Talent #HR #Hiring #Recruitment #Staffing #Contingent #ContingentHiring #Contractors #US hashtag #UnitedStates #UnitedStatesJobs #USAJobs

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A great post by John Wittorf celebrating the succeess of the Wilton & Bain Interim Management Practice in North America. We are seeing a genuine uplift in demand from our PE clients looking for interim talent, in particular within Technology & Transformation. A high impact, accelerated way of resourcing for your most business critical projects. Call James Royall or John Wittorf if you would like to learn more.

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