A majority of large companies that use staffing include “statement-of-work” consulting in their contingent workforce programs, according a poll last year by SIA in the report “Workforce Solutions Buyer Survey: 2020 Americas Results.”

It found that 55% of large companies include SOW management in their contingent workforce program and 34% planned to do so in the next two years.

“SOW consulting services,” is also this week’s Staffing Word of the Week.

SIA’s Lexicon defines it as “the statement of work itself is a document that captures the work products and services, including, but not limited to the work activities and deliverables to be supplied under a contract or as part of a project timeline. In contrast to a typical temporary or contingent work arrangement which is billed based on time worked, SOW agreements are sometimes billed based on a fixed price deliverable or for hitting specific milestones. Like typical contingent arrangements, they may also be billed based on time, including arrangements where there is a time-based billing that is capped at some ‘not to exceed’ level for time and materials.”

The full Lexicon is available online at no charge.