Effective contract labour management is essential for organisations to ensure operational efficiency and compliance. It involves a comprehensive approach to contract labour management, from onboarding to offboarding, and requires streamlined processes and robust systems.
Here are the 6 ways in which you can manage your contract labour more efficiently.
Conduct a Background Check
Before entering into a contractual relationship, it’s essential to conduct a background check on the other party. This check should include verifying the legal background of the party to ensure that they can legally enter into a contract.
Establish a Contract Lifecycle
A contract lifecycle management is crucial in determining the sustainability of any business arrangement. This lifecycle should include the drafting of the contract and any other related documents, as well as clearly outlining the steps involved in the contract management process.
Determine a Point of Contact for Both Parties
Having a designated point of contact for both parties involved in the contract ensures that communication is streamlined and efficient. This point of contact should be responsible for overseeing the contract management process and ensuring that all parties are aware of their responsibilities.
Agree on Review Processes
Agreeing on review processes is essential to ensure that the contract is being managed effectively. This agreement should include the frequency of reviews, the parties responsible for conducting the reviews, and the criteria for evaluating the contract’s performance.
Outline Consequences of Delays
Outlining the consequences of delays in the contract management process is crucial to ensure that all parties are aware of the potential risks involved. This outline should include the penalties for delays and the steps that will be taken to mitigate any potential risks.
Keep Documentation of the Process
Documenting the contract management process is essential to ensure that all parties are aware of the steps involved and the progress made. This documentation should include all relevant information, such as the contract lifecycle, review processes, and any delays or penalties incurred.
Read More: Navigating the Complexities: Understanding Challenges in Contract Labour Management.
How does goBetter help in managing contract labour more efficiently?
goBetter is a digital platform that provides an all-inclusive HRMS solution for managing contract labour more efficiently. The platform offers a flexible and seamless integration of new frontline workers, enhancing their engagement and kick-starting their journey with an exceptional experience. Here are some ways in which goBetter helps contract labour management more efficiently:
Efficient Onboarding: goBetter’s platform facilitates seamless onboarding, smart verification, and faster hiring, automating attendance and payroll efficiency and gamifying the learning experience for the workforce.
Automated Attendance and Payroll: The platform automates attendance and payroll, ensuring contract workers are paid accurately and on time.
Simplified Vendor Management: goBetter’s platform simplifies vendor management, integrating it into workflows that solve compliant contractual labour management.
Real-time Performance Metrics: The platform provides real-time performance metrics, enabling the monitoring and evaluation of the performance of contract workers. This information can be used to identify areas for improvement.
Compliance Management: goBetter’s platform ensures compliance with all relevant laws, regulations, and company policies, including reconciliation with government security schemes like EPF and ESI.
Comprehensive Documentation Management: The platform maintains comprehensive documentation of the entire contract labour management system, including the contract lifecycle, review processes, and any delays or penalties incurred, ensuring transparency and accountability.
By leveraging these capabilities, goBetter empowers organisations to efficiently manage their contract labour, maintain compliance, and drive continuous improvement in their labour management processes.
Click here to know more about effective ways to manage contract labour!