Managing Labor in the Event Service Industry

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Managing Labor in the Event Service Industry
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Managing Labor in the Event Services
Industry2nd Annual Survey Results

• Managing labor in the Event Service industry has
  traditionally been more of an art than science
  due to the fact that accessing enough good data
  in order to make good decisions has been a
  challenge.
• After countless conversations with Event Service
  leaders, we found that there was considerable
  interest in developing more standards throughout
  the industry, as well as a need for further
  information related to best practices. That is
  why we decided to poll the industry and explore
  any emerging trends, prevailing benchmarks, or
  other efficiencies that could be learned, shared
  and potentially applied. The results of this
  survey are below.

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Survey Demographics
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Classifying Labor for Events

• The total number of 1099s issued has decreased
  year over year as more companies adhere to
  regulatory guidelines.

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How Employers Track Time Attendance

• The number of Event Service companies moving to
  an automated system for tracking time and
  attendance has risen substantially.
• However, a slight majority of companies, 45,
  still rely on manual processes, such as paper
  time sheets, for tracking hours worked.

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Top Event Industry Challenges

• Increasing the talent pool tops the list of
  challenges Event Service companies face when
  hiring and managing a contingent workforce.

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The Future

• The majority of Event Service companies are most
  concerned about remaining competitive with their
  workforce.

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The Future

• Event Service companies plan to increase the
  number of contingent workers (1099 contractors
  and part-time W-2 employees) in the next 12
  months.

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Request a demo now!

• Scheduling and managing a mobile, on-demand
  workforce in the Event Service industry is a
  challenge. LASSO is the first solution for this
  industry designed to automate workflows and
  address the shifting players, fragmented
  responsibilities and complex labor processes
  surrounding an event everything from
  onboarding, to scheduling, tracking,
  communicating with and paying your crew all
  while gaining real insight into your actual event
  profitability and accessing actionable data for
  success.
• Request a demo to learn more about our platform
  now!