Why outsource recruitment?

Outsourcing is the practice of hiring a third-party talent management partner to perform services that are traditionally delivered in-house. For a business, outsourcing provides serious advantages — cost savings, efficiency and productivity being just three. The business benefits are evident across multiple case studies. But there is still much confusion surrounding the different services that sit under the umbrella term ‘outsourcing.’ To cut through the perplexing jargon, we’ve expressed all of the terms you’re likely to see when choosing outsourcing solutions for your business in real-world, relatable language.

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Workforce Solutions: future-proofing your business

With millennials demanding new ways of working, global skills shortages and technological disruption, getting the best talent for your business has never been more challenging. Recruitment outsourcing provides the strategic expertise, global scale and streamlined processes to future-proof your business.

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Managed Service Providers: optimising your contingent workforce

From freelancers and contractors to business consultants, 40% of today’s workforce is composed of non-employees. A Managed Service Provider (MSP) designs, implements and manages your non-employee talent. From optimising recruitment processes to supply chain management, programme analytics to cost control, MSPs provide the best talent at the best price through a fully-optimised non-employee programme.

Unsure what an MSP is? Learn here

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Recruitment Process Outsourcing: more quality, less resource

When sourcing permanent employees, Recruitment Process Outsourcing (RPO) maximises the quality of your hires while minimising the resources needed to identify, attract and recruit them. Operating either in partnership with your existing talent acquisition team, or as an alternative resource, RPO teams are often based on-site, enabling them to become fully embedded in your culture.

Unsure what RPO is? Find out here

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Statement of Work: external expertise, internal control

Responding to an increasingly complex workforce, organisations are turning to MSPs to manage contracts for professional services. Known as Statement of Work (SOW) or Services Procurement projects, this approach enables you to access precisely the expertise you need — wherever, whenever — through a disciplined process that improves visibility, controls costs, manages risk and maximises productivity.

Guide to Workforce Solutions Terminology

As with many industries, the workforce solutions industry uses a lot of terminology that can confuse even experienced contingent workforce and resourcing professionals. To clear up any confusion, we’ve outlined the top terms most commonly used across the workforce solutions ecosystem.

Take a look at our terminology guide

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