The payroll staffing, paystaff, industry snapshot.

1.
ERGO Comps, LLC
O: 281.756.7178
www.ERGOcomps.com
PayStaff Industry Snapshot
Market Overview / There is no shortage of firms that provide payroll services
from software to HR consultants to staffing firms, to accountants, and
outsourcing BPOs, and a myriad of other options. By 2020, more than a third of
the workforce will be non‐traditional workforce: i.e. Gig, fractional, contingent,
SuperTemps, contractors, nearshore/offshore or outsourced. These workforce
dynamics creates the opportunity for additional services beyond staffing and
paying contractors across WFM and HCM.
Primary sources of certified professional gig and contractors for SMBs include:
1. Online marketplaces and platforms such as TaskRabbbit, UpWork
2. Consulting and Staffing firms for temporary and certified Gig
professionals such as Manpower, Kelly, Korn Ferry, Allegis, and
hundreds of others by industry
3. Outsourcing firms for contractors domestic, nearshore, offshore,
delivered in project, on‐demand, or recurring omnichannel
Industry Snapshot / There are a number of service models that staff workers
and handle their payroll, administration, and benefits from traditional staffing
firms, to consulting, to outsourcing, to holding companies, to modern
marketplace models, and of course hybrid versions of the aforementioned
models. Typically, these firms provide a combination of the following services:
Workforce Solutions, Payrolling, Payroll Staffing, Managed Services, Talent
Supply Chain, and industry WFM solutions.
Corporate Development Options /
#1
Consolidation of certified pros.
Drivers of consolidation include:
1. Scarcity of certified technical specialists.
2. Shortage of industry centric pre-configured solutions.
3. Demand for HCMaaS solutions.
#2
Partnerships to Expand Your Capabilities.
Opportunity to capture greater profits per customer with an expanded portfolio of
capabilities:
1. AaaS – Analytics as a Service.
2. HCMaaS – Capture the Demand for the As-a-Service economy.
3. ASO - Omnichannel administration solutions.
4. Strategic Workforce Management capabilities.