GLOBAL or GLOCAL ? What will be the Future Of Contingent Workforce?

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By: Kaushik Yathindra -- Senior Research Analyst

31 March, 2014

GLOBAL or GLOCAL ? What will be the Future Of Contingent Workforce?
WHITEPAPER

Rising contingent workforce spend due to increased adoption of contingent workers has lead organizations to work on global workforce programs. With increase in regulations in the contingent workforce arena category managers are evaluating the best practices for their organization structure and moving towards a Glocal (Global and local) strategy. This whitepaper thus focusses on how clients sourcing strategy is going to be in the future and what are the decision making points clients need to look at. Why is this shift happening? The Glocal model is expected to increase to 35-40% by 2015 due to the changing market dynamics, industry regulation, parity regulation and legal compliance across the globe