Study Uncovers Alarming Lack of Management in

Workforce Control

Findings to be presented at SAP^® SAPPHIRE 09

Orlando, Fla.—May 13, 2009—A Workforce Trends Study, commissioned by Yoh Talent Solutions, found that companies actually have much less control of their workforce than they believe. Roughly 70 percent of business leaders surveyed reported their company has a strategic workforce plan in place, but on average, only 25 percent have the ability to calculate spend and ROI outside their full-time employee base.

 

"Organizational efficiencies and savings can be effectively achieved through a re-evaluation of the entire workforce.," says Bill Yoh, President and CEO of Yoh.  "Companies rarely evaluate the cost savings that can be achieved by placing control mechanisms in key workforce areas—professional temporary workers, independent contractors, consultants and individuals contributing through statements of work. But by evaluating the entire workforce, companies are placing themselves in a position to succeed, especially in today's changing economy." 

 

The Workforce Trends Study was completed by more than 150 business leaders from leading companies nationwide in Q1 2009.  It identified how managing a seamless workforce in today's shifting global economy impacts a company's approach to comprehensive talent management.

 

"As margins shrink and business volatility increases, organizations are becoming increasingly creative with the composition of their workforce," says Dana Shaw, Executive Director of Strategic Solutions at Staffing Industry Analysts. "While the value of incorporating non-employees into the workforce is well-understood, we agree the optimal level of their use is less known.  Complicating matters further are differing labor laws and work cultures around the globe, each presenting a unique set of challenges and opportunities for leveraging the flexible workforce."

 

The survey also examined organizations' strategies in creating a responsive and productive workforce, including flexible workers. Results show that workforces are fragmented, lacking centralized management and are not optimized to withstand economic turmoil or support organizational excellence.

 

Yoh Talent Solutions, a leading provider of talent and outsourcing services and a unit of Day & Zimmermann, will announce the complete results of the Workforce Trends Study at SAP^® SAPPHIRE 09.  Bill Yoh will unveil the survey data and resulting trends in his presentation, "Decentralization in the Workforce Prohibits Agile Decision Making," from 1:15 p.m. to 1: 45 p.m. in the Process Theatre.

 

In addition, Yoh Talent Solutions executives will be on hand at Booth # 314 at SAP^® SAPPHIRE 09 from May 11- 14, 2009, at the Orange County Convention Center in Orlando, Fla. For more information on the Workforce Trends Study's findings, visit yoh.com/workforcetrends.

 

ABOUT YOH TALENT SOLUTIONS

Yoh Talent Solutions provides workforce solutions supporting process improvement and talent acquisition. As a unit of Yoh, one of the largest providers of talent and outsourcing services to customers in the United States, the company generates more than 400 million USD of business annually. Delivering long - and short - term temporary and direct placement of technology and professional personnel, as well as workforce solutions, for the information technology, scientific, engineering, health care and telecommunications communities. Operating from more than 75 locations, Yoh proudly serves as a business unit of Day & Zimmermann. Positioned as one of the largest privately-held companies in the world and with revenues of $2.4 billion, Day & Zimmermann has been in business since 1901 - providing an established foundation for Yoh. www.yoh.com

 

ABOUT DAY & ZIMMERMANN

Day & Zimmermann accelerates customer success by delivering diversified services. Operating from more than 150 worldwide locations with 2.4 Billion USD in revenues, the Day & Zimmermann family of companies employs 24,000 professionals and is currently ranked as one of the largest private companies in America by Forbes and is a former winner of the U.S. National Family Business of the Year award.  Founded in 1901 and headquartered in Philadelphia, PA, Day & Zimmermann companies today provide architectural-engineering-construction services, power plant maintenance, modification and specialty services, security services, staffing services, and validation services to businesses and government agencies, and munitions production, equipment maintenance and facilities management services to the Department of Defense.  For more information, visit http://www.dayzim.com.

 

 

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