The 4 Most Popular Rate Approaches for Contingent Workforce Management

To maximize the efficiency and success of your contingent workforce compensation process, you should start by selecting a rate approach that best aligns with your company’s needs.

Among the various options available, four stand out for their effectiveness in maintaining fair and competitive pay. In the following infographic, we provide a visual and straightforward explanation of these approaches.

You can also scroll down to download a PDF version.

A VectorVMS infographic on the 4 Most Popular Rate Approaches for Contingent Workforce Management