ATLANTA, May 22, 2018 /PRNewswire/ --Mid-sized companies are adopting integrated workforce management strategies that have traditionally been reserved for larger organizations to help improve their hiring strategies and increase their overall business growth, according to a new white paper by Randstad Sourceright, a global talent solutions leader.
"Randstad Sourceright pioneered the integrated MSP model more than ten years ago to help progressive companies reach the best candidates more quickly and cost-effectively," said Alp Perahya, executive vice president of Randstad Sourceright, North America, who authored the paper. "With the advent of enhanced technology and analytics tools, mid-sized companies can now more effectively compete in today's bullish economy, while doing it more compliantly and achieving broader human capital goals."
Under the integrated MSP model, a team embeds itself in-house, and provides practical solutions to a company's growth by leveraging technology, talent analytics and expert resources that a mid-sized organization might not otherwise have access to.
According to the white paper, the secret to the success of an integrated MSP is the dedicated talent advisor team, which works on-site or virtually as an extension of the client's talent function. As an objective expert, talent advisors are responsible for streamlining and implementing the hiring process, while often substantially cutting the organization's costs.
"Conventional wisdom holds that MSPs are relevant only to large-scale companies that have outsized labor budgets, but that is no longer the case," Perahya added. "An integrated MSP approach can bring many advantages to mid-sized companies by providing them with a comprehensive solution to meet overall hiring needs."
An integrated approach to talent management considers every source of talent available, tapping a larger pool of workers to meet the organization's needs, and making faster hires from the highest quality talent at a lower cost.
A complimentary version of "Integrated MSP: Delivering large enterprise advantages to mid-sized companies" can be downloaded on Randstad Sourceright's website.
About Randstad Sourceright
Randstad Sourceright is a global talent solutions leader, driving the talent acquisition and human capital management strategies for the world's most successful employers. We empower these companies by leveraging a Human Forward strategy that balances the use of innovative technologies with expert insights, supporting both organizations and people in realizing their true potential.
As an operating company of Randstad N.V. — a €23.3 billion global provider of HR services — Randstad Sourceright's subject matter experts and thought leaders around the world continuously build and evolve our solutions across recruitment process outsourcing (RPO), managed services programs (MSP) and integrated talent solutions. Read more at www.randstadsourceright.com