What are the benefits of using a Neutral Vendor Managed Service?
Neutral Compliant Bespoke
The Neutral Vendor Managed Service model isn’t a new concept – although there are a lot of companies who aren’t very familiar with it, or can’t differentiate it from an agency.
The way a Neutral Vendor is delivered can vary between providers. However, the variance comes in the process – not in the benefits. It’s a well-known fact that using a Neutral Vendor Managed Services provider, instead of agencies, will reduce your costs. So, I’m going to discuss some of the other, lesser-known benefits:
First and foremost, you will always receive the best candidates possible. As a Neutral Vendor model raises the vacancies with a number of agencies, they’re in competition with one another to fill as many of the vacancies as possible with their candidates. This means that they will only send their best candidates.
Rate are competitive across the board and can be controlled to ensure that no agency has a monopoly or ability to negotiate higher percentages with individual managers
A Neutral Vendor Managed Services team is a single point of contact for you. At no point will you have to spend an entire day on the phone to different agencies sourcing candidates. Once the roles are raised with the Managed Services team – all you have to do is approve the candidates.
We don’t make commission on the individual worker – in fact we allow our clients to take on agency workers after they have completed 12 consecutive weeks in a role – with no agency fee – actively helping you build you workforce.
Secondly, as the client, you’re never in danger of being accused of not complying with the legislative requirements for your temporary staff.
When it comes to a Neutral Vendor Managed Service, auditing is the flavour of every week. Why? As a Managed Services supplier, we pride ourselves on the fact that all of the temporary staff we send your way comply with the rules and regulations of working in the UK. We require all candidates to be compliant prior to them accepting an offer to start work with our clients.
As a standard SLA, on behalf of all of our clients, we audit our suppliers once every quarter – 4 times per year. However, if the client wishes, we can audit more regularly on an ad-hoc basis.
All agencies who don’t pass the audit are instantly suspended.
There is no one-size-fits-all approach for temporary staffing. Different companies will have different goals, different workflows, and different volumes of temporary staff that they require.
Your Neutral Vendor Managed Service provider should analyse all of the above, and design your solution to fit exactly what you need. Not only this, but your solution should be completely transparent to you – you should know exactly what’s going on, every step of the way.
We can monitor trends and patterns in the way your company hire and require workers, splitting this by manager or area to help you establish how best to tackle recruitment hot spots.
There are a number of benefits of working with a Neutral Vendor Managed Services provider, on top of the massive cost-savings. These should all be taken into consideration when you’re deciding how it would be best to deal with your temporary staffing needs.