Attraction of a neutral vendor recruitment solution

Why is neutral vendor recruitment proving so attractive?

What is a neutral vendor recruitment provider?

A neutral vendor recruitment provider has no alliance with any particular agency and therefore places all recruitment agencies on a level playing field.  Vendor neutrality includes the operation and management of a program in a manner that allows verification of non-preferential treatment through auditing.

How do neutral vendor recruitment providers operate?

A neutral vendor recruitment service model operates independently from recruitment agencies.  The neutral vendor sits in between the client and agency, procurers labour on behalf of the client and facilitating the recruitment process, without removing the relationship between client and agency.

What are the benefits are using a neutral vendor recruitment solution?

A neutral vendor recruitment solution has multiple benefits, the neutral vendor model, delivers:

• Impartial management of existing relationships with supplying agencies
• Reduced direct and indirect costs
• Enhanced service levels
• Fully compliant workforce
• Uniform quality standards across the entire business
• Single point for all ordering of temporary agency workers
• Electronic timesheets and invoices (dependant on the neutral vendor)

This is achieved by the rationalisation and neutral management of the existing and performing agencies, operating to a standard charge structure and service level agreement.

What is the first process of a neutral vendor recruitment solution?

• The neutral vendor will analyse temporary agency labour by agency and location
• Pay and charge rates will be analysed by the neutral vendor
• Standard pay and charge rates will proposed, neutrality of the vendor provides impartiality which usually results in lower rates providing direct savings
• Conduct agency panel selection, the neutral vendor will invite existing supplying agencies and new agencies
• Agree service level agreement including KPIs, the neutral vendor will monitor agency performance against the KPI
• Implement an operational framework for the neutral vendor to co-ordinate temporary agency labour

Why has neutral vendor recruitment solution become popular?

As companies emerge for the recession temporary agency labour acts as a pivotal tool to react to fluctuating demand.  However, the need to operate with an efficient temporary agency workforce has intensified due to organisations needing to reduce costs, which a neutral vendor recruitment provider offers.

As organsations realise the benefits of a temporary agency workforce, it is more likely that they will retain such a workforce long into future, visibility and control is therefore required, again this is something a neutral vendor recruitment provider can offer.