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Benchmarks: Temp/contractor sourcing models

CWS 3.0 - Contingent Workforce Strategies

Benchmarks: Temp/contractor sourcing models

Sharon Thomas
| February 8, 2023
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The global market spend for MSP is estimated at $194 billion for 2021, a year-over-year increase of 30% following on from an annual decline of 1% in 2020, according to SIA’s MSP Global Landscape and Differentiators 2022 report.

In terms of both temp/contractor spend and client distribution, the vendor-neutral model is the most prevalent, at 50% and 53%, respectively. Although the amount of spend (2%) and volume of clients (3%) represented by the contingent RPO model is minimal, when combined with the master supplier model, approximately a third of providers are sourcing candidates on behalf of the client either under their own brand or that of the client.

Source: MSP Global Landscape and Differentiators 2022