SHRM Foundation - Building an Inclusive World of Work
What happened
By empowering employers to adopt skills-first talent strategies, foster cultures of care, and address emerging workforce challenges, we help unlock potential that drives both individual opportunity and economic growth. By the Numbers 3 out of 4 HR professionals report work from employees hired from untapped talent pools perform the same or better than other employees. This matters for Professional Services & HR because fresh price movement and input-cost detail should reset bid assumptions, rate caps, and negotiation guardrails with 3, 4, 2021 as the clearest commercial anchors; expect rate card updates
Buyer takeaway
For Professional Services & HR, treat this as a cost-boundary signal rather than just a headline; buyer assumptions may need refreshing before the next quote or award decision
Cost / money
Use this to refresh should-cost views and challenge any fast repricing. Keep the read-through directional unless the source itself provides hard commercial numbers
Supplier / commercial
Suppliers with fresh cost justification may push harder on reopeners, indexation, shorter quote validity, or pass-through language. Buyers should separate real drivers from negotiation posture
Safety / operations
The operational risk is indirect: tight budgets or repricing battles often reappear later as reduced slack, substitutions, or execution compromises that buyers then have to manage
What to watch
Watch for shorter quote validity, reopeners, pass-through requests, or attempts to reset pricing on the back of weak evidence
Key facts
- By empowering employers to adopt skills-first talent strategies, foster cultures of care, and
- By the Numbers 3 out of 4 HR professionals report work from employees hired from untapped tal
- Source: SHRM Foundation (2021), Beneath the Surface: A Unified Approach To Realizing The Valu
- —a number expected to go up by twice the national average growth rate for all other occupatio
