Circle8 is proud partner of the Aston Martin Aramco Formula One® Team. Lees hier meer.
blog

The 3 benefits of a managed service provider (MSP) for a streamlined HR process

The 'war on talent' continues to smolder. To fill open vacancies and recruit the right talent, you can choose to work with a managed service provider (MSP). An MSP is a supplier that helps organizations recruit specialized talent, scale on demand, and can also implement innovative technologies. What the benefits are for your hiring process from working with an MSP? You can read that here.

18 November 2022
Reading time 3 minutes
Share this article
18 November 2022
Reading time 3 minutes
Share this article

Simplifying business processes

An MSP simplifies the hiring process. Due to changes in the labor market, in many organizations business processes and structures have not kept pace with a larger flexible shell and new working relationships. This gives rise to a variety of working methods and contract types. This often leads to administrative hassle with many invoices and little overview. On top of that comes the changing legislation – DBA law – and organizations must contend with these challenges. An MSP eases the burden on clients and guides the hiring process for external temporary staff onto the right track.


What does an MSP do? 

A managed service provider (MSP) can be seen as an external party that contributes to the growth and success of your company. An MSP manages various elements of the hiring process to make business processes run more efficiently, but also to save costs. The MSP advises clients based on the organization's objectives. In addition, an MSP is operationally responsible for selecting suppliers of external personnel (supplier management) and for managing (and sharing) the hiring process. Think of posting vacancies, onboarding and offboarding candidates, and the hiring administration up to and including invoicing. More and more organizations deploy an MSP for the recruitment of temporary workers. Think of freelancers, contractors, consultants and other temporary staff.

Streamline the hiring process with an MSP: 3 benefits

Do you want to engage an MSP to improve your organization's hiring process? It delivers the following benefits:

 

1. Hiring strategy for the long term

An MSP aims to take the hiring program to a higher level. It offers specialized market knowledge, contacts and experience to make hiring external talent easier. An MSP can easily provide good candidates. With an MSP you can work on the hiring process for the long term. This is partly because an MSP, using tools – such as a Vendor Management System (VMS) – can automate the hiring process from start to finish.

2. Process optimization

By working with an MSP you save on hiring costs. MSP service providers often have staff with MSP experience but also knowledge and insights into the labor market, laws and regulations, and trends and developments in the sector. Often cost savings are already visible in the first year, after which the MSP embraces a more strategic role to improve the quality of the hired talent and the services of the suppliers. Think of better budget control, more accurate invoices and less administrative work, reviewing job profiles, centrally managing the hiring program, and the contribution of knowledge and expertise from specialists.

3. Custom work

Optimizing a hiring program always requires a tailor-made approach. MSP service providers therefore carry out an in-depth analysis of your current situation and needs. They then develop a customized program and implement it. Progress is reported quarterly and objectives are refined. This way you can work effectively with an MSP to hire external talent.

Curious about our assignments?