Contingent Workforce Strategy & Optimization
Turn Your Workforce Strategy Into Results.
Make your contingent workforce a competitive advantage. Magnit brings data, benchmarks, and expert guidance to reduce cost, improve quality, and accelerate impact.
How Strategic Advisory Transforms Your Workforce
What Is Magnit’s Strategic Advisory?
Magnit Strategic Advisory helps enterprises design, optimize, and transform their contingent workforce programs. We assess your current model, surface cost and efficiency opportunities, and build a roadmap that improves talent quality, reduces spend, strengthens compliance, and accelerates time-to-fill.
Whether you’re modernizing an MSP or VMS, reducing program complexity, or seeking clearer visibility into extended workforce spend, our advisors turn workforce challenges into measurable outcomes that elevate performance across the business.
What Strategic
Advisory Achieves.
10%+
Annual Cost Savings Uncovered Through
Optimization Recommendations
205b+
Data Points Fuel Benchmarking And Rate Intelligence
24%
Increase In Contingent Hires After Improving
Sourcing Mix
18
Days Faster Time-To-Fill After Process Redesign
Why Enterprises Choose Magnit Advisory
The Only Advisory Team Backed by the Largest Contingent Workforce Dataset.
Magnit brings something traditional consultants can’t: real-time workforce market intelligence and hands-on execution. We don’t just hand you a strategy; we help implement it and
measure the outcomes.
Largest Advisory Practice
Tap specialists across procurement, talent, compliance, and workforce analytics to solve complex program challenges.
Largest Advisory Practice
Industry-Agnostic Insights
Apply proven models from tech, life sciences, retail, and more—never rely on generic playbooks.
Industry-Agnostic Insights
World’s Largest Workforce Database
Leverage 205B+ data points to benchmark performance, set pricing, and sharpen sourcing strategy.
World’s Largest Workforce Database
Outcomes, Not Opinions
Drive measurable gains with recommendations directly tied to cost savings, quality, and hiring speed.
Outcomes, Not Opinions
What’s Included with Magnit
Strategic Advisory?
Predictive Workforce Planning
Anticipate labor needs and talent demand to stay ahead of project requirements.
Global Program Design
Build or optimize MSP/VMS programs, governance, and supplier frameworks
Custom Benchmarking
Compare rates, performance, and processes against top workforce programs.
Governance Frameworks
Standardize approvals, tenure rules, and compliance controls.
KPI Dashboards
Analyze real-time metrics for cost, diversity, speed-to-fill, and program health.
Continuous Optimization
Sustain ongoing reviews and improvements, not just a one-and-done engagement.
Real Results From Workforce Strategy Transformation
From Fragmented Program to Strategic Advantage.
A Fortune 100 automotive company turned to Magnit after facing fragmented workforce processes, escalating overtime spend, and a lack of real-time insight into contractor performance.
$600k+
In Cost Savings Captured In Year One
13%
Increase In Diversity Supplier Spend
18
Days Faster Time-To-Fill Across Critical Roles
Built on the Magnit Workforce Intelligence Platform
One Platform. Endless Workforce Possibilities.
Strategic advisory often serves as the launch point. From there, organizations activate execution through MSP, VMS, Direct Sourcing, or SOW/Services Procurement—fully integrated on the Magnit Platform.
Guidance for Building a Smarter Contingent Workforce
Magnit Stays Ahead of What’s Next—So You Can Too.
Ready to Transform Your Workforce Strategy?
Commonly Asked Questions About
Strategic Advisory.
Why do companies need strategic advisory?
Contingent workforce programs are complex with multiple suppliers, high spend, compliance requirements, and disconnected systems make it hard to manage effectively. Most organizations lack clear visibility or a unified strategy, leading to inefficiencies and missed savings. Strategic advisory brings structure, benchmarking, and a roadmap to align processes, reduce risk, and improve performance.
What ROI can we expect?
Most clients see 10%+ spend reduction through rate optimization and supplier improvements, along with faster time-to-fill and higher-quality talent. Organizations also gain stronger compliance and clearer visibility into their extended workforce, delivering returns that go beyond cost savings.
How is Magnit different from consulting firms?
Magnit pairs strategic guidance with execution. We combine expert consultants, deep market data, and vendor-neutral program knowledge and we stay involved through delivery. Unlike traditional firms that stop at recommendations, we help implement, measure, and refine the strategy end to end.
How does Magnit benchmark our program against the market?
Magnit uses the industry’s largest real-time dataset, covering pay rates, supplier performance, workforce trends, and operational benchmarks, to evaluate your program. Advisors compare your metrics against peer organizations and market standards to identify gaps, strengths, and opportunities for optimization.
Does strategic advisory support global or multi-region workforce programs?
Yes. Strategic advisory is built for global complexity, offering region-specific expertise, compliance insights, local market intelligence, and data-driven recommendations tailored to each country’s labor dynamics and regulatory requirements.
What types of companies benefit most from strategic advisory?
Strategic advisory is designed for enterprises looking to elevate workforce performance, reduce risk, and improve decision-making across contingent, services, and full-time labor. It’s especially valuable for organizations experiencing rapid growth, expanding into new regions, modernizing outdated programs, or navigating complex supplier ecosystems and high contingent-labor spend.
How long does a strategic advisory engagement typically take?
Engagements span varying timeframes, depending on program scope and complexity. During this time, Magnit’s advisors conduct a full program assessment, benchmark your data against market standards, map gaps and risks, and design a future-state operating model. We then deliver a clear, prioritized roadmap with actionable recommendations and support leaders through alignment, planning, and readiness for implementation.
Does Magnit help implement the recommended strategy?
Yes. Magnit partners with your teams to execute strategic recommendations supporting process redesign, supplier adjustments, technology updates, and governance changes to ensure improvements translate into measurable results.
Can strategic advisory help modernize legacy MSP or VMS programs?
Absolutely. Advisors assess your current MSP or VMS model, diagnose structural challenges, benchmark performance against leading programs, and deliver a modernization plan that may include supplier optimization, workflow redesign, governance enhancements, or updated technology configurations.
How does strategic advisory improve visibility into contingent workforce spend?
Strategic advisory consolidates siloed data to provide a unified view of labor spend, rate trends, supplier markups, and cost drivers. By applying analytics and market benchmarks, Magnit uncovers inefficiencies and builds a roadmap for more transparent, predictable, and optimized workforce costs.