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Contingent Workforce Solutions

Contingent Workforce Solutions. Case Study. A solution was found for one of the largest corporations in HK by engaging with CMS Asia . Client Profile A large multinational manufacturing company IT department engaged contingent workers both directly and via recruitment agencies.

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Contingent Workforce Solutions

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  1. Contingent Workforce Solutions Case Study

  2. A solution was found for one of the largest corporations in HK by engaging with CMS Asia. Client Profile • A large multinational manufacturing company IT department engaged contingent workers both directly and via recruitment agencies. • This represented a little over 33% of their overall resources for their IT department. • Over 25 recruiting agencies were engaged to source contractors paying margins ranging from 25% to 50%, plus on-costs. • All directly engaged contractors were being payrolledthrough one of those recruiting agencies for a significant cost without a strong service provided. Case Study Sample

  3. A solution was found for one of the largest corporations in HK by engaging with CMS Asia. Problem • The client was paying out high margins to recruitment agencies without any structured service provided. • In addition, there was no transparency of the costs, no control of the resourcing process, no governance of HR compliance and no follow-up on the workforce. • The client also received many different invoices coming from multiple channels with various payment terms and conditions. Case Study Sample

  4. Client Issues

  5. Solution Implemented by CMS Asia • Developed Vendor Master Agreement; • Finalized recruitment agencies panel list and uniform fees; • Standardized Employment Contract; • Centralized channel for contractor matters from hiring to off-boarding; • Managed 360 degree hiring process ; define core requirements with HR and hiring manager, sourced CVs from panel agencies, interview arrangements and salary negotiation; • Provide assistance to managers relating to contractors; HR compliance, ER issues, etc.; • On-going one-to-one contractor management service; • Assisted in setting rate card for each role through salary benchmarking; and • Streamlined invoicing process/channels allowing only one company, CMS Asia. Solution

  6. John Appleby, Director : Phone: +852 3018 4900 Mobile: +852 9487 3260 Email: jappleby@cmsasia.co Peter Ritchie, Director : Phone: +852 3018 4900 Mobile: +852 95295122 Email: pritchie@cmsasia.co Web:www.cmsasia.co Contact Information

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