Businesses choose an MSP solution to overcome one or more of the following challenges:
- External and internal cost of using and managing an agency supply chain
- Poor recruitment efficiency adding to cost and time taken to hire
- Poor administration efficiency – payrolls and billing require too much time, effort and maybe delayed and subject to regular inaccuracies
- Unable to benchmark workforce performance due to lack of focussed analytics
- Unable to confirm workforce and their suppliers are 100% compliant all the time
What is an MSP?
An MSP is a selective to full outsource covering the core elements of workforce need. The core elements cover:
- Requisition
- Authorisation & Order Tracking
- Supplier Management
- Recruitment Process Operations
- Timesheets & Payroll
- Billing
At TRS, we shape an MSP to meet the client’s requirements and goals, partnering with the client to supplement and improve their existing resources and processes. Together, we achieve a long-term sustainable workforce strategy that is cost effective, consistent, compliant, focussed on quality outputs and benchmarked for continual improvement.
Reasons to choose MSP
Where a business identifies a gap in the areas shown in the table below, then choosing an MSP over a traditional approach is likely to be more effective.
Driver - Gap - Improvement Need
The MSP will focus on a blend of the following:
| Reasons to choose MSP | Driver - Gap - Improvement Need |
|---|---|
| Large contingent workforce, broad scope of job disciplines, multi-site locations |
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| Reduce number of supplying agencies, working with too many supplier contacts |
|
| Improve employment and supplier compliances |
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| Recruitment processes are complex and lengthy |
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| Lack of visibility and control over the staffing cycle, performance is not benchmarked for continual improvement |
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TRS MSP Capability and Experience
- MSP service commenced in 2001 - today a global provision
- Manage varying workforce needs from less than 100 to over 1,000
- Aligned to the international quality standard
- Strict PSL qualification process covering, scope, track record, financial status, quality and HSE
- Single point of contact between stakeholders and TRS
- Ongoing performance management
- Global coverage
- Management of all labor rates and agency agreements
- Full scope covering: Temp. and direct hire - Payroll - Compliance - Logistics/HR/Admin - Recruitment Process - Recruitment Campaigns
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