One surprising reality is that a third-party MSP can often achieve greater results than an internal program management office
Chicago (PRWEB) November 29, 2010
Staff Management, the industry's leading provider of sustainable temporary staffing and contingent workforce management solutions, announces today the publication of a new white paper, MSP: Is DIY still a valid strategy?, as part of the fourth quarter issue of HR Management magazine. The paper examines the trend towards outsourcing contingent workforce program management to Managed Service Providers (MSP), the advantages and risks of keeping program management in-house and the current staffing industry best practices.
The white paper is aimed at users of contingent labor who are deciding between self managing their contingent workforce program and outsourcing program management to an MSP. The paper considers when bucking the trend towards outsourced program management - the Staffing Industry Analysts in their 2009 Buyers Survey projected MSP usage to rise to 64% in 2011 – and opting for self-management is the right choice.
Joan Davison, Chief Operating Officer for Staff Management, commented on the advantages of outsourcing in the white paper. "One surprising reality is that a third-party MSP can often achieve greater results than an internal program management office," said Davison. "An MSP is not restricted by internal politics and is contractually obligated by virtue of weighted SLAs and fees at risk to achieve savings, program adoption and performance goals. In fact, in some arrangements there is no MSP fee assessed until the provider is delivering on their savings commitments," continued Davison.
The paper includes data from the Aberdeen Group and the Staffing Industry Analysts which indicates that contingent workforce buyers with an MSP in place enjoy superior program performance and greater cost savings than organizations without an MSP in place. It also explores the potential for hybrid contingent workforce management models that provide buyers with more choices on when to outsource and when to do it themselves.
About Staff Management
Staff Management is a division of SeatonCorp, a leading provider of consultative managed staffing and recruiting programs for Fortune 500, Global 2000 and high growth companies. Founded in 1988, Staff Management was an industry pioneer of Vendor on Premise (VOP) staffing.
Today, Staff Management has evolved its revolutionary VOP platform to provide sustainable temporary staffing and contingent workforce management solutions across a growing global footprint and has become the leading Managed Service Provider (MSP) with deep domain expertise supporting clients in the manufacturing and distribution segment. Staff Management solutions deliver best talent, drive compliance, yield tangible savings and provide a unique client aligned technology platform for high-volume workforce management.
Staff Management is ranked amongst the largest staffing firms in the U.S. by the Staffing Industry Analysts (SIA), the 13th largest industrial staffing provider on SIA's 2010 List of Largest U.S. Industrial Staffing Firms and the #1 MSP provider in breadth of services delivered and #1 MSP provider in size of deal on HRO Today's 2010 Baker's Dozen list of leading MSP providers. Staff Management is a 2010 finalist for Best Overall Company of the Year in the 7th Annual Stevie® Awards for Women in Business.
Staff Management is a charter member of the U.S. Immigration and Customs Enforcement IMAGE Program.
For more information, please visit us at staffmanagement.com or call 800-746-9462.
HR Management US
HR Management magazine description: HR Management magazine is a quarterly publication covering key trends and issues in the ever-shifting people management space from recognition, benefits and health coverage to technology and personal development. With news, opinion and analysis from top executives and experts, HR Management is a vital source of information for people professionals of all levels. You can find us online at http://www.hrmreport.com.
For More Information:
Executive Director of Business Solutions & Marketing
This press release was distributed through PR Web by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.