CLIENT: Multinational Investment Bank
LOCATION: New York, St. Louis
TALENT SOLUTION: Contingent Workforce Management
CHALLENGES:
RESULTS:
The North American arm of a multinational banking and financial services company was seeking a more efficient—and cost-effective—way to manage their contractor population.
Before LevelUP’s engagement, the company relied solely on agencies to fill most open positions with little oversight – leaving them at the whim of mark-up fees and market challenges. Business units had free reign to choose their vendor, making it difficult to evaluate vendor performance.
Launched consultant program to support recruitment, onboarding, ongoing management, and offboarding of temps, consultants, and vendors.
Standardize Vendor AgreementsDeveloped a vendor agreement that would be standard across all business units to effectively measure performance and value.
Enforce Maximum Mark-upsMaximum mark ups implemented to ensure costs stayed within reason