Contingent Workforce Programs at Monsanto: A Story of Program Evolution
PeopleTicker, LLC. | peopleticker.com | (561) 278-8383
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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