Q: In the current economic climate when the volumes of contingent workers are relatively low, what is best strategy to work with agencies to reduce costs?

 

A: I would ask for a mark-up review if there is audit language within your contract.  Mark-ups are where the suppleirs make their profit and is typcially the only compressible portion of the spend. Additionally, often times the act of inquiring about the mark-ups will drive unsolicited concessions.

 

 

View the webinar replay