3. What is a Managed Service Provider (MSP)?
“MSP is a service whereby a company
takes on primary responsibility for
managing an organisation’s
contingent workforce program.”
4. What is a Managed Service Provider (MSP)?
“A company who centralises and
controls an organisation’s recruitment
activity to deliver cost and process
savings, risk management, visibility,
continuous improvement and deliver
access to quality staff.”
8. Current size
of UK recruitment
industry
£31bn Temp workers on
assignment per day by
2020
+1.4m
Employers expecting
candidate shortages in
the next 12 months
45% Employers intending to
increase/maintain
temporary worker volumes
9 in 10
9. So what’s the problem?
Traditional MSP models
rely on high availability of
candidates
Full definition:
MSP is a service whereby a company takes on primary responsibility for managing an organisation’s contingentworkforce program. Typical responsibilities of an MSP include overall program management, reporting and tracking, supplier selection and management, order distribution and often consolidated billing. The vast majority of MSPs also provide their clients with a vendor management system (VMS) and may have a physical presence on the client’s site. An MSP may or may not be independent of a staffing supplier.
Full definition:
MSP is a service whereby a company takes on primary responsibility for managing an organisation’s contingentworkforce program. Typical responsibilities of an MSP include overall program management, reporting and tracking, supplier selection and management, order distribution and often consolidated billing. The vast majority of MSPs also provide their clients with a vendor management system (VMS) and may have a physical presence on the client’s site. An MSP may or may not be independent of a staffing supplier.