As labor markets around the globe become increasingly complex, it is imperative for public employment services to have a single source of information and a set of standardized processes to drive greater efficiency, control costs, and achieve flexibility and transparency. Creating and implementing a next-generation, end-to-end employment services solution with efficient business processes at its core is critical for the success of public employment services.
Accenture’s Integrated Virtual Labor Market (IVLM) solution, powered by innovative and market-leading functionalities, integrated technology and optimized business processes, is tailor-made to serve as the core component of public employment services of the future. The off-the-shelf solution facilitates precise job placements to help reduce unemployment, and can be rapidly deployed and integrated with an agency’s existing IT infrastructure. Moreover, it can be procured through flexible commercial arrangements. The IVLM solution can act as a common self-service platform for all actors of the labor market, and accelerate job market balancing through increased flexibility and transparency.