Unemployment rates are at their lowest in decades. Talent is increasingly hard to find. Workers want flexible arrangements that were unheard of in the past. The world of work is clearly changing, upending established talent strategies for employers in every industry sector. Mid-sized companies, in particular, may find it even harder to compete.
Enter the integrated management services program (MSP), a talent model that allows employers to fulfill immediate labor needs, maintain a robust talent pipeline, and improve workforce quality, visibility and control. When you work with an MSP provider, contingent workforce management activities converge under one umbrella, resulting in faster hires through greater access to all talent types.
Business agility is the hallmark of a successful MSP, along with efficient processes to meet staffing demands, reduce cycle times and control costs. Alp Perahya, executive vice president of Randstad Sourceright North America, explains the value of an integrated MSP in his recent white paper: “With visibility and access across all talent types, stakeholders can tap into permanent, contingent, freelance and contractor talent to meet business demands, boosting the ability to maintain an effective workforce in an environment of talent scarcity.”
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