The Issues
- Incomplete talent data
- Lack of visibility over extended workforce
- Difficulty attracting and retaining technology talent for some roles
- Overspend for other roles
- Lack of clarity about where best to locate staff: HQ, other company locations or remote
The Solutions
- Extracted the company’s talent data from VMS, cleaned it, and entered into Brightfield TDX
- Leveraged Brightfield TDX Labor Basket Analyzer to compare the company’s rates data with market norms
- Identified job roles above market rate with the highest headcount
- Identified best locations to attract talent at optimum rate between HQ, suburban locations, New York, remote working etc.
.svg)
The Results
- Identified savings opportunity, targeting $4-5M on top 6 roles
- Improved visibility into true market rates based on role & location
Next Steps
- Client is on a multiyear digital transformation journey
- Provided a new lever to build a flexible and cost-effective digital workforce based on true market rates
How did The Client benefit?
Provided insight into pay rates for all the positions across all locations in the United States
.svg)
Visibility into the low, mid and high bill rates for all locations
.svg)
Identified savings opportunity of up to $4-5 million based on staff relocation of top 6 headcount roles
Updated rate cards based on various factors to reflect market averages
Offered a new lever for achieving the objective to build a flexible and cost-effective workforce
Also identified underpayment on some roles, highlighting performance risks
Other Case Studies:
-1.svg)
.svg)
Seeing is believing
Curious to see how other companies manage the economics of their workforce? Schedule a live demo with one of our TDX Experts.
Seeing is believing
Curious to see how other companies manage the economics of their workforce? Schedule a live demo with one of our TDX Experts.
