KING OF PRUSSIA, PA — People2.0 has been ranked among eight leading providers of contractor and contingent workforce management services in a 2026 Everest Group assessment, reinforcing the company’s position in a global market where businesses increasingly prioritize worker classification, regulatory compliance and financial risk protection.
The King of Prussia-based company was designated a Leader in Everest Group’s Contractor of Record and Contingent Employer of Record Solutions PEAK Matrix Assessment 2026, which evaluated 28 service providers.
People2.0 was also identified among providers controlling more than 5% of the contractor of record and contingent employer of record market, measured by spending under management.
The assessment places the company among a relatively small group of providers with significant market presence as businesses seek centralized services for managing independent contractors and contingent workers across multiple jurisdictions.
People2.0 operates in more than 130 countries, providing worker classification, payroll administration, payment processing and compliance services through a single provider.
Its contractor of record services help businesses manage relationships with independent contractors, while contingent employer of record arrangements provide employment administration for temporary and other contingent workers.
Both models address regulatory obligations that can vary substantially between countries and, within the United States, between states and municipalities.
Everest Group identified risk reduction as the leading priority among buyers of these services, reflecting the importance of correctly classifying workers and managing employment-related obligations.
Improper worker classification can expose businesses to tax liabilities, employment claims and other regulatory consequences, making compliance capabilities a central consideration when selecting workforce management providers.
The research firm cited People2.0’s worker classification procedures, indemnification support and ability to consolidate contractor and contingent employment services as factors supporting its ranking.
“People2.0 has developed a comprehensive CoR and CEoR offering, with capabilities spanning worker classification, indemnification, payroll, and payments to support contingent workforce programs,” said Lokesh Goyal, vice president at Everest Group.
Goyal also cited the company’s proprietary technology, integration capabilities and reporting systems as strengths in its service offering.
The assessment reflects the growing operational complexity businesses face when engaging workers across international markets, where employment laws, tax requirements and contractor classification standards differ.
People2.0 Chief Executive Officer Steve Schaus said the company’s operations focus on maintaining compliance and payment accuracy across those jurisdictions.
“That means getting classification and compliance right, paying workers accurately, and being there to guide clients through rules that change from country to country, state to state, and even city to city,” Schaus said.
The company plans to continue investing in technology, personnel and compliance expertise to support its workforce management operations.
The Everest Group ranking evaluates providers within the contractor of record and contingent employer of record market, a segment serving organizations that rely on flexible staffing arrangements while seeking to limit employment-related administrative and regulatory exposure.
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