Contingent Workforce

Contingent Workforce

The BuraqHR Impact

Cut labor costs by up to 70% & simplify how you find, engage, & acquire your contingent workforce.


Significant
Cost Savings

Fast Access
to Top Talent

Data-Driven
Candidate Selection

HOW BURAQHR CAN OPTIMIZE YOUR CONTINGENT WORKFORCE

BURAQHR is a leading company in the field of contingent workforce management. We offer an extensive portfolio for organizations to gain a better handle on their permanent and temporary workers. Whether you manage your workforce programs in-house or are looking for an outsourced solution, we can support you in key areas to give you an extra hand, offer key industry insights and share best practices.

Why our clients choose us?

A key reason our clients choose BuraqHR is due to our vendor-centric approach to both technology selection and staffing vendor selection. We work with all types of staffing vendors and technology providers, and recommend the best solution for your requirements, without having any links or affiliations with any of them. Our focus rests solely on supporting our clients contingent workforce management objectives, without any hidden staffing agenda or objectives.

HOW BURAQHR CAN OPTIMIZE YOUR CONTINGENT WORKFORCE

BURAQHR is a leading company in the field of contingent workforce management. We offer an extensive portfolio for organizations to gain a better handle on their permanent and temporary workers. Whether you manage your workforce programs in-house or are looking for an outsourced solution, we can support you in key areas to give you an extra hand, offer key industry insights and share best practices.
Robust delivery-driven organization focused on scalability, compliance, and delivering quality resources.
Client-centric delivery model with exclusively dedicated teams for each one of our clients.
Proven performer status with several MSP partners.

Deep analytics capabilities to enable workforce performance improvement

Matured recruiting engine of 350+ recruiters and 4M+ active profiles.
Top 3 preferred vendors with more than 70% of our clients.
Non-traditional engagement models to suit the gig economy.

Continuous program improvement

The Challenge

The contingent workforce provides your organization with many significant benefits. But managing contingent workers also comes with some challenges. The key challenge many organizations face is finding the appropriate balance between limiting risk, while on the other hand, being able to proactively respond to ever demanding business needs.

Here are the 3 main challenges organizations are facing:

Managing Overhead Costs

Labor costs can account for as much as 70% of total business costs, including employee wages, benefits, payroll, and other related taxes. For small companies trying to grow, it can be difficult to strike a balance between investing in a larger workforce and mitigating these overhead costs. But creating this balance is critical to success. Otherwise, companies will either leave opportunities on the table or overrun their budgets with employee benefits and salaries.
The average job applications receives over 250 resumes.
83% of employers have difficulty finding a suitable candidate.

Finding Skilled Labor

About 83% of employers have difficulty finding suitable candidates to hire. That’s because the labor market is in the midst of a global skills shortage, especially in sectors like IT, manufacturing, and healthcare. This means it’s increasingly difficult for companies to hire someone with the appropriate skills on a reasonable timeline. Waiting too long to find someone may cause a project to fail—but hiring someone without the appropriate skill set could do the same.

Vetting Contingent Workers

Already, 62% of HR managers are turning towards more flexible means of acquiring talent, like hiring contingent labor. However, simply outsourcing tasks to a third-party is not a catch-all solution. How can hiring managers be sure that their contractors will deliver quality work? And if they don’t, how will the company ensure projects are completed on time and at a high standard? Most importantly, how can hiring managers track that all outsourced workers are in line with government regulations to protect their company from risk?
62% of HR managers are turning towards more flexible talent acquisition solutions.

Contingent Workforce Management

BuraqHR takes a data-driven approach to contingent workforce management. Through its VMS offering BuraqHR, BuraqHR offers end-to-end contingent staffing solutions. From one platform, you can scale your workforce up and down, hire skilled laborers, deploy talent on a per-project basis, and tightly manage your talent spend.

Providing insights into market rates, AI-powered sourcing, and information on past candidate performance, BuraqHR equips recruiters and hiring managers with everything they need for success.

The BuraqHR Solution

The contingent workforce provides your organization with many significant benefits. But managing contingent workers also comes with some challenges. The key challenge many organizations face is finding the appropriate balance between limiting risk, while on the other hand, being able to proactively respond to ever demanding business needs.

Here are the 3 main challenges organizations are facing:

Visibility into Market Rates

Get the right talent at the right price. Even though outsourcing jobs can save significant labor cost savings , companies will often end up paying well above market rates for sub-par candidates, simply because they don’t know what’s fair. With BuraqHR’s business intelligence, recruiters can compare different pay rates side-by-side. If you’re using third-party suppliers, the system will automatically generate a “scorecard” for each one. By measuring supplier performance on quality, price, and turnaround time, these scorecards ensure that you’re outsourcing your jobs to the right people for the best results.

Automated Worker Compliance

Mitigate risk and follow all necessary regulations. BuraqHR automates the process of vetting would-be-employees. With end-to-end compliance solutions, including I-9 verification modules, background check integration partners, and immigration and PAF tracking, BuraqHR Procurewise ensures all employees are in good standing before they’re signed on.

Advanced Business Intelligence

Receive instant insights about your workforce. BuraqHR ’s powerful analytics provide data on employee performance, project milestones, and manager feedback. With customizable reports and interactive dashboards, this data updates in real-time, so hiring managers instantly understand which candidates succeed (and which don’t) for smoother internal operations.