Considering an MSP? 5 Things to Keep in Mind

If you find yourself working with multiple staffing vendors, multiple locations or have an ongoing need for a large contingent workforce, you may wonder if it’s time to bring in an MSP. An MSP can remove a lot of your daily administrative and management tasks and may be a great fit for your company. But it’s important to develop a strategy that will allow you to get the most from your MSP.

Plan for the long-term. Implementing an MSP program can be complex and time consuming. Once you have one in place, many organizations find that it is well worth the effort. But don’t expect a quick fix. It could take two or three years or more to see a significant impact on your bottom line.

Get your hiring managers on board. If you have never centralized hiring and staffing before, hiring managers who are accustomed to operating independently may balk at giving up control. Discuss the advantages with them, such as cost savings for the company time savings for them. It should not take long to convince them of the pros of an MSP.

Integrate your contingent staff. When temporary workers are a large part of your business, you can’t afford to treat them like outsiders. Make them feel like part of the team and you will get the best performance from them, improve retention rates and reduce the need for retraining.

Inventory your vendors. The quality of your MSP depends heavily on the vendors who are in the program. Do you have the right mix? Do you need niche vendors for your IT staffing requirements? Do you have seasonal demand for accounting expertise? Need a high-volume supplier for light industrial tasks? Assess the vendors currently under contract (or have your MSP provider do it for you) to make sure that all your bases are covered.

Choose a vendor who will customize their offerings. To get the most of an MSP, it must mesh with your organization. If an MSP provider offers only a one-size-fits-all solution, chances are you will not be happy with the results. An MSP should work seamlessly with your system, not be clunky and difficult to integrate.

Once you find the solution and MSP provider that works best for you, you’ll be able to manage and centralize your costs, increase flexibility and establish metrics to track productivity.

If you are considering hiring an MSP and would like to learn more about the advantages, contact the experts at CSSvSource. We can take care of talent recruitment, vendor management, quality assurance, compliance, payroll and reporting. Contact us today to get started or learn more!