table of contents
staffing during a talent shortage.
A record GDP, falling unemployment, and a stubborn job vacancy rate that just won’t budge. Canada’s labor market is a microcosm of a global economy under the pressure of a rapid workforce transformation. Talent scarcity – plus an accompanying skills gap – is a worldwide challenge.
Careers involving AI, automation, machine learning, big data and all things digital are on the rise, as are project management and business development roles. Good talent is, quite simply, hard to find. In Canada, the top 3 in-demand skills according to the number of job ads, are cloud computing, cybersecurity and data science. The need for talent in the IT and emerging technology specialities is driven by the rising demand for those services and products.
It’s time for a new set of strategies for finding and retaining skilled talent in the most in-demand industries. Don’t let talent scarcity slow down your strong recovery. Find out how to optimize efforts to recruit top talent by downloading the global future in-demand skills report.get your copy
managed services for mid-sized businesses.
Is your business experiencing rapid growth? How can you scale up hiring quickly, without sacrificing talent quality? Integrated managed services programs are contingent workforce solutions that use direct sourcing and vendor management system (VMS) technology to reduce costs and time to fill. An integrated MSP delivers additional benefits beyond cost savings and efficiencies by focusing on continuously enhancing the quality of talent acquired. Through direct sourcing and dedicated virtual or onsite account management, an integrated program addresses workforce needs in a holistic way that promotes talent engagement and productivity.
have questions about integrated MSP? check out this Q&A with Alp Perahya.
managed services programs (MSP).
maximize the benefits of a flexible workforce
If you’re one of the 88% of Canadian employers that say their talent strategies are more focused on workforce agility than ever before, you may also be one of the 68% who say they’re planning to shift more roles to contingent this year. But without a centralized approach to contingent workforce management, how will you control the costs, compliance risks and speed of hire?
A managed services program (MSP) gives you full visibility over your contingent workforce, including contractors, freelancers, statement of work (SOW) talent and gig workers. Using talent analytics, supplier rationalization, market intelligence and 4.0 strategies, like direct sourcing, MSP can deliver faster access to skilled professionals while helping your organization gain greater agility. Implementing a rigorously designed and consistent process helps you stay compliant with all labour regulations and governance requirements. Managing your entire contingent talent lifecycle keeps costs under control and improves decision-making.
what is MSP staffing?
A managed services program for staffing, is a highly effective way for employers to manage their contingent workforces. Using a VMS and proven best practices, you get complete visibility of your contingent talent, while driving compliance with labour regulations.
how do contingent workforce solutions work?
Your managed service provider acts as an integral part of your company’s talent function and manages the entire contingent talent life cycle, from requisition through invoicing and payment.
As your managed service provider, Randstad Sourceright delivers the talent, market and program intelligence you need to make smart workforce decisions. We help you attract, engage and re-engage skilled contingent professionals, and build relationships with talent suppliers to get you the best rates and talent quality.
what are the costs of MSP?
Discover your potential ROI with a managed services program. Spend a few minutes with our MSP calculator to begin building your business case.
how do we get SOW services procurement under control?
Implementing a SOW management solution is an opportunity for your team to deliver greater value to your entire organization. Your contingent workforce practice will bring visibility to this elusive spend category and deliver the kind of value your C-suite leaders expect and demand from you. We help you get transparency, increase savings, improve supplier performance and much more.
Canadian banking and financial services leader fills key roles with highly qualified contingent talent and achieves over 8% savings in the first year.
integrated talent management.
become more agile, more innovative and better resourced
Our rapidly changing world demands a flexible workforce strategy that allows your company to respond to shifting market conditions with the right expertise and skills. An integrated or total talent management solution is powered by transparency, data, market insights and collaboration. It delivers the right talent for your business, when you need it.
The benefits of integrated talent management include moving recruitment out of silos and creating a 360-degree view of your workforce. Using analytics and insights to drive workforce planning, you deploy the right talent to achieve company goals, ensuring the most efficient use of labour spend and significant cost savings.
financial services company speeds up hiring and achieves more than $700,000 in savings with total talent management.
recruitment process outsourcing (RPO).
find and engage the right talent faster
What are the most challenging parts of your job related to talent? Recruitment marketing and attracting top performers to your organization? Shortening the hiring cycle with the help of advanced recruiting tech? Scaling your talent acquisition team? Or perhaps meeting workforce diversity goals?
Recruitment process outsourcing (RPO) helps you source, screen, engage, hire and onboard the right talent while building business agility. When you work with one of the top recruitment process outsourcing companies, you get access to the latest analytics, innovative recruitment strategies, proven technologies, precise talent marketing and employer branding to meet your hiring goals.
what are the benefits of outsourcing the recruitment and selection process?
RPO can support part or all of your company’s permanent workforce hiring. Whether you’re seeking specialized recruitment expertise or need to transform your entire talent acquisition function, RPO offers process excellence, scalability, cost savings, talent tech and predictive analytics. From limited-scale hiring, to enterprise workforce resourcing, an RPO solution can help your business fulfill its mandates.
how does recruitment process outsourcing work?
Your RPO solution will be customized to directly address your company’s goals, requirements, market and recruiting challenges. Partner with Randstad Sourceright to access a global network of experts, specialists in strategic sourcing and recruiting, workplace diversity and inclusion, and advanced talent analytics. Our team works directly with yours to set innovative recruitment strategies that align with your business goals and help you keep up with the changing market.
what does an RPO solution cost?
Recruitment process outsourcing pricing varies depending on the scope, hiring volume and project details. To better understand your potential ROI, we’ve built a business calculator. Just answer a few questions to start building your business case.
what is project RPO?
When you need to quickly scale up your recruitment efforts to support a business initiative, project RPO can help you respond to increased talent demand. Get all the same benefits of an end-to-end RPO model, but with clearly defined timelines and end goals. We deploy sophisticated employer branding and talent marketing techniques to help you expand your reach.
a high volume RPO hiring project realizes a 100% fill rate for 700 roles, in just five months.
outplacement and talent mobility.
outplacement and talent mobility excellence that moves careers forward.
In partnership with our sister company Randstad RiseSmart, we create true partnerships with organisations as they flex, adapt, and transform their workforce. Our innovative approach to outplacement and talent mobility moves people into, through, and out of organisations to protect your employer brand, minimise disruption, and improve engagement levels.
talent marketing strategies that attract the right people
How do you create a unique employer brand? What messages will you create about your organization that talent will notice and remember? Your employer branding should be unique, well-crafted and connect emotionally. A strong employer brand will speed up hiring times, attract talent that is a better cultural fit and lower recruitment costs.
Our in-house team directly serves our clients and recruiters with advanced talent marketing solutions. Depending on the level of support your business needs, our services range from full employee value proposition (EVP) research and development, employer branding strategies, programmatic advertising and quickly deployed recruitment marketing campaigns.
diversity & inclusion.
source and hire a workforce that mirrors your markets
Are you ready to better define your organization’s workplace diversity goals and develop a comprehensive strategy? Randstad Sourceright will help you create a statement of purpose around diversity and inclusion, enhance your employer brand to promote your diversity profile, help you source and develop diverse talent pools and more.
how BASF uses talent data to meet diversity & inclusion goals.
in the news.
Stay informed with the latest news and findings to help your business prepare for what’s next. From groundbreaking articles to insightful videos, Randstad Sourceright shares expert knowledge to help you make the most informed decisions.