MSP or In-House Management – What’s Right for You?
Editor’s note: Since this article was published, Staff Management | SMX’s MSP program has moved to PeopleScout. Links to our ebook have been removed, but you can learn more about PeopleScout’s MSP options at their website.
When you’re involved with developing, maintaining and optimizing a sustainable contingent workforce strategy for your organization, you know it’s crucial to get all of the information needed to make the right decision. During this decision-making process, one question you might consider is – why outsource the management of your contingent workforce to an MSP provider?
There are many factors that come into play when answering this question thoroughly. One major piece of the puzzle is finding relevant and up-to-date industry information on which you can base your decision. If you’re the one doing research, you may have already discovered that sufficient statistics and expert commentary can be hard to find. That’s why we put together some of the latest information and are sharing it with you in our ebook, The Choice.
In this ebook, you’ll find some of the most recent industry statistics and expert commentary on outsourcing the management of your contingent workforce program. For example, did you know that spend under management by Managed Service Providers (MSPs) has more than doubled over the last 5 years? Or that Best-in-Class organizations realize 43% more cost savings year-over-year as a direct result of contingent workforce management program capabilities and efficiencies?
There are many reasons why outsourcing may or may not be a good fit for your contingent workforce program. With 63% of ‘Best-in-Class’ organizations relying heavily on contingent labor, it is now more important than ever to evaluate and re-evaluate your contingent workforce management strategy. So, what’s right for you? Do you have what you need to become or remain a ‘Best-in-Class’ organization? Read our latest ebook to help you determine whether outsourcing your program management or keeping it in-house is the best choice for your organization.