What is a recruitment Managed Service Provider?

Have you ever wondered how larger companies manage to hire so many temporary workers or how they keep track of all their freelancers, consultants and contractors?

The answer is that many businesses are increasingly using a recruitment Managed Service Provider (MSP) to manage their temporary workforce as efficiently and effectively as possible.

What is a Managed Service Provider (MSP)?

Imagine throwing a big party and hiring a bunch of people to help, such as cooks, entertainers and cleaners. You could spend all your time finding these people yourself or hire a party planner to do it for you. In recruitment, an MSP is just like a party planner.

An MSP is a company that helps other companies hire and manage their temporary workers. They take care of everything from finding the right people to checking their skills, negotiating their pay, onboarding them, and making sure they do a good job. This allows the business to focus on other crucial aspects and leave the hiring to an expert, trusted partner.

Why use a Managed Service Provider (MSP)?

Think of MSPs as a one-stop shop for all your temporary staffing needs. Companies typically use them for several main reasons:

Benefits

Save time

Instead of spending hours producing job specifications, advertising roles, sifting through CVs and job applications, screening and testing applicants or managing invoices for temporary staff across a recruitment supplier network, an MSP takes care of the entire recruitment process from start to finish, freeing up valuable time and resources.

Reduce costs

Using an MSP can save money. Because MSPs hire many people, they can often achieve better rates and reliability of supply than a company can on its own. Plus, they achieve economies of scale, with more efficient technology and business processes to manage a whole supply chain’s worth of temporary workers if needed, through a selection of agency suppliers.

Improved agility

MSPs are temporary workforce solutions experts. The best will have a vast network of candidates and proven reputation and strategies for finding the best talent for specific needs. They know where to find the best people, how much to pay them and understand how to manage them for optimal results. This can make a business more agile, allowing it to respond to fluctuations in the market while simultaneously improving efficiencies.

Better visibility

A significant benefit of an MSP is that it centralises the management and the visibility it provides over a company’s entire non-permanent (contingent) workforce including its complex supply chain of agency suppliers who may share the role of finding the temporary staff required by the company. This includes temporary workers, consultants, freelancers and contractors.

Scalability

Many organisations use seasonal staff. An MSP provides the scalability needed to ride the peaks and troughs of contingent recruitment activity.

Reduced burden

Using an MSP allows you to free up your internal HR team and departmental hiring managers’ time to focus on core business functions.

A strategic MSP partner

In the recruitment sector, the term MSP is used interchangeably to refer to both a Managed Service Programme and a Managed Service Provider. However, a Managed Service Programme (a contingent workforce solution) is delivered by a Managed Service Provider (a contingent workforce solution specialist).

A Managed Service Provider is a strategic partner that offers a comprehensive contingent workforce solution, providing benefits such as streamlined recruitment processes, access to top talent (even for short-term assignments), optimised costs and efficient supplier management, allowing businesses to focus on other core tasks.

A temporary workforce can be your strategic advantage in today's dynamic business landscape. However, managing it effectively can be a complex challenge. That is where Blue Arrow's MSP steps in. We become your trusted partner, providing the visibility, agility, cost savings and flexibility you need to build a dynamic temporary workforce. Let us handle the complexities of contingent staffing, freeing you to concentrate on what truly matters – growing your business and boosting your bottom line.

Consider Blue Arrow's Managed Service Solutions

With Blue Arrow's managed service, employers can save on agency fees through automation-driven efficiencies and advanced management insights, which optimise staffing, skills, and resource deployment. The service offers unparalleled direct fill with an extensive and diverse community of temporary staff, ensuring a strong brand reputation for direct fulfilment. Additionally, employers benefit from scalability and flexibility through real-time staffing data and advanced visibility and control over their talent pipeline, supported by a national recruitment and talent solutions network.