PRO Unlimited, a global innovator in contingent workforce management, today announced the acquisition of PeopleTicker, a leader in compensation data specializing in contingent labor rates and hiring intelligence globally. The companies’ combined technologies enable HR, talent acquisition, procurement and compensation professionals to access strategic insights and market rate benchmarking to better attract and retain talent while reducing costs. The PeopleTicker addition supports PRO’s commitment to invest in its clients, advance innovation and enhance the power of PRO’s contingent workforce management platform the Global 2000 relies upon.
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Today, the war for talent is more strategic and mission critical than ever as the contingent workforce rapidly approaches a full 50% of all white-collared skill workers. As a result, high-quality, accurate market rate data in hundreds of markets across thousands of job titles has never been more important as enterprises increasingly globalize their programs. Also, many compensation experts have a great need for on-demand access to accurate market rate data required to optimize hiring decisions. Lacking robust market intelligence, these organizations frequently pay higher market rates by role and/or location, resulting in significant unnecessary spend and highly sub-optimized talent placement.
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To help address this need, PRO has expanded the capabilities of its contingent workforce management platform by acquiring PeopleTicker’s data science and market rate intelligence. PeopleTicker uses machine learning and industry-expert crowdsourcing to assemble the most comprehensive, accurate, current global market rate data in the industry. Extensive expertise with salary and contingent labor categories along with hands-on experience of global labor markets has made PeopleTicker a trusted partner to many leading brands across 160 countries.
With PeopleTicker’s global data and rate intelligence exclusively coupled with PRO’s industry-leading Managed Services Program (MSP), Vendor Management System (VMS), payroll/compliance and RatePoint business intelligence software and services solutions, Global 2000 companies will have direct access to this intelligence. This enables $10s or $100s of millions annually in optimization as organizations look to scale and efficiently manage the costs of their white-collar, contingent talent programs.
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