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What will the future of corporate recruitment be?

In every business executive’s mind, the priority is to cut costs, reduce risk and to increase profits. This, says Nozi, is possible with the MSP model as it is based on outsourcing tasks which are not core functions of your business.
How does this model work?

A business will, for example, bring in a recruitment specialist who will:

• Be an integral part of the business,
• Understand what it is that the business does, and
• Understand that the business can’t spend be spend a fortune on recruitment – which is why they’ve outsourced this function.

These specialists need to work as if they’re actually are a part of the business so that they understand that, for example, at certain times of the year business booms and as a consequence will need. This will help the specialists plan in advance.

According to Nozi, big companies such as Google and Coca-Cola use the MSP model.

What is the difference between MSPs and the traditional recruitment agency?

Agencies are very costly and with an MSP you can ensure that your recruitment people are accountable. For instance, if you feel that they are taking too long to find you a particular staff member, you can hold them accountable for this delay because they are on your site and you can watch them. With an outsourced agency, this is more difficult as they can always avoid your enquiries.

To end off, Nozi cited these very heartening statistics: “A lot of companies which use the MSPs say they’ve achieved cost savings of approximately 2%. Time to place decreases. Onboarding days are brought down by about 2.4 days.”

Author: Lia Marus is the editor of HR Pulse. She has a BA in French, Italian and Linguistics from UCT, an MA in translation from Wits and a Postgraduate Diploma in Management from the Wits Business School. She is currently studying towards her LLB through Unisa. Lia started her career off in corporate communications, where she worked as a sub-editor, researcher and marketing coordinator. She then heeded the call of the publishing world and went into the business-to-business publishing field. She worked as a sub-editor as well as a chief sub-editor. Before joining ITWeb, she managed an HR guidebook at a leading international publishing company.