Revolutionizing Contingent
Workforce Management
A Success Story in the
In the complex and rapidly evolving world of the global oil and gas industry, managing a diverse contingent workforce can present a myriad of challenges.
This case study will provide an in-depth look at how a leading organization in the Global Oil and Gas sector overcame significant labor mobility and management difficulties. Faced with a need for re-evaluation of their workforce model due to pandemic-induced risk and safety concerns, the company turned to ERA Staffing Solutions to restructure and streamline their processes.
A Success Story in the Global Oil & Gas Industry
In the complex and rapidly evolving world of the global oil and gas industry, managing a diverse contingent workforce can present a myriad of challenges.
This case study will provide an in-depth look at how a leading organization in the Global Oil and Gas sector overcame significant labor mobility and management difficulties. Faced with a need for re-evaluation of their workforce model due to pandemic-induced risk and safety concerns, the company turned to ERA Staffing Solutions to restructure and streamline their processes.
The Challenge
1
Addressing Contingent Labor Mobility and Management Issues
2
Improving Administration and Record-Keeping
3
Enhancing Visibility of Contact Details and Work Location
Amid the pandemic, our client faced the new risk and safety concerns brought about by the pandemic, necessitating a reassessment of their current workforce model and strategy.
The client struggled with promptly locating and contacting all contingent workers due to inconsistent and decentralized administration and record-keeping.
Due to the noted inconsistencies in administration and record-keeping,
there was limited visibility into the contact details and work locations
of their contingent workers.
The Solution
Post evaluation of various models, the client identified the need for an outsourced contractor payroll and management solution that could provide full visibility and compliance. They desired a professional who could mobilize contractors swiftly.
The Approach
In November 2022, the client selected ERA Staffing Solutions through a tender process to provide various services, including contingent labor engagement, payroll management, and remuneration.
The key decision-making criteria for selecting ERA were based on our ability to:
Mitigate risk, reduce costs.Improve Processes.Enhance the services and experiences of contingent workers, especially in new markets.The Solution
Post evaluation of various models, the client identified the need for an outsourced contractor payroll and management solution that could provide full visibility and compliance. They desired a professional who could mobilize contractors swiftly.
The Approach
In November 2022, the client selected ERA Staffing Solutions through a tender process to provide various services, including contingent labor engagement, payroll management, and remuneration.
The key decision-making criteria for selecting ERA were based on our ability to:
Mitigate risk, reduce costs.Improve Processes.Enhance the services and experiences of contingent workers, especially in new markets.The Results
A year later, the results of the Employer of Record (EOR) model have directly impacted various aspects of the client’s operations.
Key outcomes include:
Improved reporting and analytics encompassing monthly performance, disengagement reports, and cost reports.
On-site Account Management and a dedicated Services Team offering transparent and highly successful service delivery.
Enhanced compliance and governance in areas such as tax obligations, workers’ compensation, statutory requirements/insurance, Occupational Health & Safety obligations, co-employment risk, and disengagements.
Consistently met standards and maintained accuracy levels above 99.5% in contingent worker payments and invoicing, positively impacting the bottom line.
This case study underscores the effectiveness of ERA Staffing Solutions in addressing complex workforce challenges and delivering tangible results that drive organizational success.
The ERA’s Employer of Record (EOR) model has had a profound impact on our client’s operations, enhancing process efficiency, risk and compliance management, safety awareness, and financial performance.
Our client’s success journey stands as a testament to the power of strategic outsourcing in transforming contingent workforce management, paving the way for enhanced operational efficiency and risk mitigation.
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