People2.0 Achieves Leading Position in Everest Group's 2026 PEAK Matrix for CoR and CEoR Solutions

People2.0 Recognized as a Leader in the 2026 PEAK Matrix®



People2.0 has secured its position as a Leader in the Everest Group's 2026 PEAK Matrix assessment for Contractor of Record (CoR) and Contingent Employer of Record (CEoR) solutions. This recognition places People2.0 among the top eight providers evaluated by Everest Group, showcasing its global reach and expertise in managing independent contractors and temporary workers through a single provider across over 130 countries.

In the assessment, which evaluated 28 different suppliers, People2.0 stood out due to its strong compensation support, rigorous worker classification processes, and overall capability in helping clients navigate the complexities associated with workforce management. The Everest Group identified People2.0 as holding more than 5% of the market share in CoR and CEoR solutions, signifying its significant presence in the industry based on managed spend.

Industry Insights and Priorities



According to the Everest Group, risk mitigation has emerged as the top priority for buyers of CoR and CEoR solutions. Steve Schaus, the CEO of People2.0, emphasized the critical nature of the company's role in hiring and compensating the individuals who keep businesses operational. He stated, “This involves accurate classification, ensuring compliance, making precise worker payments, and advising clients on various regulations that differ from country to country, state to state, and even city to city.”

The recognition from the Everest Group reinforces the commitment of People2.0's teams to excellence in this essential service. Schaus noted that the accolade not only validates their global infrastructure but also affirms the expertise of their personnel and their dedication to setting the standard in contingent workforce solutions. He expressed gratitude toward their clients and partners for their ongoing trust and assured them of continued investment in talent, expertise, and technology necessary for safe growth.

Comprehensive Service Offering



Everest Group's vice president, Lokesh Goyal, pointed out that People2.0 has developed a comprehensive offering for CoR and CEoR, providing services that encompass worker classification, compensation, payroll management, and payments to effectively support contingent workforce programs. Goyal further praised People2.0’s proprietary technology and integration capabilities, alongside a robust reporting system that enhances their service proposition, solidifying their position as a leader in the PEAK Matrix assessment.

The Role of People2.0 in the Global Market



People2.0 is recognized as a global provider of labor compliance and payroll management services for businesses and talent providers, which include staffing agencies, talent search firms, mass talent management entities, and professional service organizations. The company assists these organizations in navigating the intricate landscape of labor, employment, and tax regulations worldwide. This essential function has only become more prominent as businesses increasingly rely on contingent labor to meet their operational needs.

In conclusion, the recognition from the Everest Group’s PEAK Matrix assessment is a testament to People2.0's unwavering commitment to quality, compliance, and innovation in the field of workforce management. This acknowledgment lays a solid foundation for the organization’s future endeavors in enhancing its offerings and expanding its impact across the global labor market.

Topics People & Culture)

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