Managed Service Providers (MSPs) have risen to prominence in recent years as a cost-effective and efficient way for businesses to run some of their crucial but time-intensive functions. Despite its importance to businesses, recruitment can be a costly and complex process that many struggle to get right, making a recruitment Managed Service Provider a viable and popular option. But while there is a choice of different MSPs out there, how can you find the right one for your business?
Why are MSPs popular?
- Recruitment MSPs have proven valuable additions to many businesses’ operations due to their combination of expertise and cost-effectiveness.
- A recruitment MSP specialises in managing the contingent labour needs of their client’s businesses. With a deep understanding and experience of temporary staff attraction, recruitment, and retention, they offer efficiency in filling a wide range of part-time, temporary and freelance roles.
- They are responsible for every aspect of your contingent workforce management, from hiring and retaining the right people for your business to onboarding, payroll and managing worker performance.
- MSPs offer significant cost savings from economies of scale across advertising, compliance, and vetting to negotiating preferred suppliers’ rates.
- MSPs offer predictability through bulk pricing and operational efficiency, making them a valuable option for many organisations.
- An MSP that offers a direct supply of contingent staff is uniquely positioned to deliver exceptional levels of visibility and control over demand for temporary staff, cost of supply and fulfilment rates.
Why partner with an MSP?
While functions like recruitment are critical for business success, dedicating sufficient time and effort to managing complex recruitment supply chains can be a challenge. Sometimes, it can even use up essential resources that could be used more effectively elsewhere. By partnering with a recruitment Managed Service Provider, businesses can save time and money by leaving their contingent workforce hiring and management to experts. They will also benefit from MSPs' leading industry expertise and technology.