Contingent Workforce Programs at Monsanto: A Story of Program Evolution

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Monsantoisasustainableagriculture company.Wedeliveragricultural products thatsupport farmersallaround theworld.

Wearefocusedonempoweringfarmers—large& small—toproduce morefromtheir landwhileconservingmoreofourworld's naturalresourcessuchaswater& energy.Wedothiswithourleadingseedbrandsincropslikecorn, cotton, oilseeds& fruits & vegetables.Wealsoproduceleadingin-the-seedtrait technologies forfarmers,which areaimedatprotecting their yield,supporting their on-farmefficiency& reducing theiron-farmcosts.

Westrivetomakeourproducts availabletofarmersthroughout theworld bybroadlylicensingourseed& traittechnologies toother companies.Inaddition toourseeds& traits business,wealsomanufacture Roundup® & other herbicides usedbyfarmers, consumers& lawn-and-gardenprofessionals.

Monsantocouldnotexist without farmers.Theyareour customers--the lifeblood ofour company.Moreimportant, theyarethesupport systemoftheworld's economy,workingdayin& dayouttofeed,clothe& provide energyforourworld.

Who is Monsanto?

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PeopleTicker, LLC. | peopleticker.com | (561) 278-8383

HR Generalists• Business Accountability• Alignment with Talent & HR Strategies• Process & Policy Champions

HR Compliance• Compliance Strategies• Contingency Management• Operational Governance & Guidance• Workforce Classification• Non-Employee Data Privacy

HR Technology & IT• System Integration & Support• System & Process Optimization• Reporting & Analytics• Technology Solution Identification

Legal• Enterprise Wide Counsel• Risk Management & Mitigation• Intelligence Regarding new

Government Regulations

Procurement• Resource & Supplier Sourcing• Supplier Strategy Management• Supplier Performance Management• Contract Management• Cost Savings & Avoidance

Business Line Supervisors• Business Intelligence• Process & Compliance Accountability• Onboarding & Offboarding• Performance Management (w/

Suppliers)• Supplier & Program Partner

External Suppliers• Talent Delivery• Talent & Performance Management• Market & Industry Intelligence• KPI Accountability• Cost Management

Global Contingent Workforce - Key Partners & Stakeholders

Integrated Partnership

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PeopleTicker, LLC. | peopleticker.com | (561) 278-8383

The Evolution of Monsanto’s Contingent Workforce Programs

The Temporary Labor Link (Early Program Model)• St. Louis (Corporate) focused• Staff Augmentation Only• Home grown process support system• Owned by Corporate Services• Limited connectivity w/ Procurement &

HR• No formal benchmarking tools or

processes• Approx $85M in managed spend

The Contingent Labor Office (Program Expansion)• St. Louis (Corporate) focused w/

improved field site support- U.S. only• Staff Augmentation Only• VMS implemented – U.S. Only (2009)• Owned by Corporate Services• Improved connectivity w/ Procurement,

limited w/HR• PeopleTicker implemented (2012)• Approx $155M in managed spend

Global Contingent Workforce (Global Transformation)• Comprehensive global infrastructure

with regional programs• All contingent worker classifications

under management• VMS implemented & integrated globally• Owned by HR w/ strategic partnership

with Procurement• Approx $890M in managed spend

(estimated)Evolutions in technology, operations, partnerships, & strategy

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PeopleTicker, LLC. | peopleticker.com | (561) 278-8383

Before PeopleTicker:• Inconsistent & highly manual benchmarking process for contingent rates• Ineffective job descriptions • No tools or technology available to benchmark contingent rates for a diverse spectrum of skill sets acrosss

multiple locations/regions• Market rates for talent not competitive with supply & demand• Suppliers not enabled to champion Monsanto assignments with candidates• Lack of alignment between regular salaries vs. contingent pay rates (hindering talent pipeline

development)After PeopleTicker:• Able to benchmark contingent rates in real time across all skill sets while incorporating regional/state

specific market requirements.• Improved job descriptions as a result of benchmarking validations within PeopleTicker• Competitive rates that enable suppliers to deliver higher quality candidates • Enabled more effective supplier performance management• Reduced process cycle times• Able to address talent gaps & new talent needs through market data• Improved alignment between regular salaries & contingent worker pay rates

The case for PeopleTicker

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PeopleTicker, LLC. | peopleticker.com | (561) 278-8383

PeopleTicker Helps Us:

• Maintain competitive rates in real time, mitigate needs RFP adjustments

• Drive supplier accountability

• Reduce cost creep

• Become Contingent Talent Advisors with managers through access to advance data & analytics

Learnings & Best Practices• Build strategic business line partnerships to plan for shifts & changes in talent needs/trends

• Implement & communicate your benchmarking processes & rate governance to stakeholders

• Communicate your rate strategy with suppliers (ex: balance between cost, quality, & speed)

• Balance supplier enablement with their accountability for cost management

PeopleTicker as an Enabling Solution

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