Compensation Data Facts - What's What in Compensation


History of staffing continued... The temporary staffing and contract labor industry has transitioned from a technical engineering and clerical support dominated business, to now include every market and discipline. From legal to medical; across all platforms of recruiting from "temp to perm" to huge Global IT contractor markets; from S.O.W. projects to global outsourcing, the recruitment industry today has grown into a trillion-dollar business.

Innovation in technology and the Internet, coupled with management philosophy changes, have brought massive expansion for this industry. The evolution of staffing has become mind boggling and the use of social media has drastically changed the way we recruit. By the year 2018, its estimated that 2.44 billion people will use social networks, an increase from 970,000 in 2010. Contract and temp labor will soon be half the population.

PeopleTicker provides Market Intelligence to Human Resources professionals and Procurement teams helping organizations benchmark their existing suppliers, and design more cost effective new programs that maximize both full time regular and contingent labor spend. By combining big data aggregation with crowd-based validation through its SkillsVillage eco-system of experts, PeopleTicker provides the most accurate and current compensation information available in the market today.

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