A global medical health and diagnostics leader had
a critical need to establish and scale a contingent
workforce supplier capability to serve its expanding
business in the United States. A fully scalable and flexible
managed services program (MSP), augmented by end-
to-end recruitment process outsourcing (RPO) services
and delivered by Randstad Sourceright, is helping the
employer speed time to hire while improving retention.
the success.
A complete, onsite contingent labor supplier function
and RPO services enable the client to better source, hire,
retain and match talent to shifting project needs; control
contingent workforce processes and expenditures; and
be more cost competitive in their local markets.
The talent model is exceeding all national averages
for managed contingent talent acquisition cycle times
including: time to approve (2.7 days vs. national average
of 3.7 days), time to submit (2.6 days vs. national average
of 4.8 days), time to fill (13.6 days vs. 20.3 days) and time
to start (20.6 days vs. 28.9 days).
Contingent workforce retention has improved by a total
of 2.3% to date. Individual retention rates for various
talent classifications range from 83.5% to 97.5%.
Actionable local market analytics and competitive
intelligence provide the insights needed to address
key contingent talent attractors, including professional
compensation levels, quality of projects/assignments
and workforce retention efforts.
an integrated solution
better insights through
analytics and reporting
streamlined talent
acquisition timeframes
improved workforce
retention
medical device & technology
leader maximizes growth
across the US by transforming
its talent acquisition model.
© Randstad Sourceright. 2018
human forward.