You may have heard the term “Managed Service Provider” referring to information technology, but the concept covers a lot more ground. For employment, an MSP is a business arrangement that allows you to outsource your contingent workforce. In many cases, you will partner with a sole provider who will be responsible for the entire life cycle of contractors on assignment. An MSP means that you can save money, increase compliance, reduce risk, and tap into top talent previously unavailable to you. Here are a few ways an MSP works to attract top talent.
Cultivated Network of Trained Professionals
If you handle recruiting in-house, what’s that process? In most cases, you need to create a job description and post it online with job boards or social media. After that, you may receive hundreds of resumes that will take time to review. You narrow it down to a few candidates to screen over the phone and set up interviews with the top 3 or 5. Does that sound familiar. Once you make a decision, the offer happens, and you make onboarding plans. But that process is time–consuming, which means it’s also costly. When you work with an MSP, they already have a network of trained and experienced individuals to pull from to match your specific needs. They will handle the pre-screening process and, in many cases, even the onboarding.
Managed Expectations for Assignments
Whether the expectations are your own or those of the contractors reporting for their assignment, the entire experience will be handled by your MSP partner. While you will certainly be able to integrate the talent into your existing workforce, you don’t have to feel intimidated by the day-to-day minutia of managing a team of contractors through a project all on your own.
The Ability to Hire from the Talent Pool
Of course, there are plenty of long term benefits to consider. When you bring contractors on for a project through an MSP, they don’t exist in a bubble. You’ll be able to see how everyone works independently as well as on your team. This means you have a new pool of potential permanent candidates to add to your employee roster. When you gel with a contractor, talk to your MSP about converting them onto your employee payroll.
Maintain Your Company Culture and Branding
Many people are concerned that working with an MSP will take away from your company’s values, mission, or branding. This couldn’t be further from the truth. The MSP partners with your company specifically and will create customized hiring solutions that match your needs and company culture. They will be able to hire individuals who are a good match, not just for the project but possibly for the long term.
Is a managed service provider right for you?
Anserteam Workforce Alliance represents North America’s very best staffing agencies aligned together to deliver world-class workforce management solutions. We offer end-to-end talent services that can be customized for any size business, utilizing our Managed Services Provider (MSP) model and Vendor Management Solutions (VMS) technology. Is your organization seeking a WBENC-certified diversity partner to provide measurable results and substantial cost savings?