The Talent Equation: How to Solve Your Staffing Challenges with the Right MSP Partner

Attracting and retaining top talent is not an easy endeavour in the current market. Imagine a high-growth tech startup on the brink of releasing a revolutionary new app. Skilled programmers are buried under a mountain of administrative tasks, sifting through resumes and interviewing for junior coding positions. This scenario is all too common across industries, highlighting the critical need for a strategic solution: a Managed Staffing Provision (MSP) partner.

Choosing the best Managed Staffing Programme (MSP) partner can propel your organisation forward and provide you with the power of a skilled workforce, freeing your internal teams to focus on core business functions and drive innovation. By entrusting the responsibility of staffing and managing those workers to an expert, you will harness the power of a skilled workforce whilst being freed to focus on your core business.

This article will guide you through the key elements of selecting the ideal MSP partner to magnify your team's potential and enable you to exceed your goals.

Key Points to Focus on:

1. Plugging the skills gap with an MSP partner

Every organisation has a unique workload, and filling those needs with the right talent is crucial for success. But where do the gaps lie within your existing team? Analysing your current workforce is the first step. Are there specific technical skills, industry expertise, or soft skills missing from the equation? Begin by identifying how you want to fill those gaps:

• Build expertise: Perhaps your team lacks specialised knowledge in a particular area. An MSP can connect you with talent for long-term training and development.
• Supplement your team: Maybe you require temporary support during a busy period. MSPs provide access to qualified professionals on a contract basis.
• Embrace flexibility: Freelancers or project-based workers can be a valuable resource for specific tasks. An MSP can streamline the process of finding and managing these independent contributors.

A quality MSP partner will work with you to understand your unique requirements and craft a tailored solution that enables your organisation to flourish. Together, we will define your work needs and the subsequent talent needs and pave the way for efficiently finding, onboarding, and managing those services from the wide supply options in the market.

2. Evaluating MSP partners to find your perfect fit

With a multitude of MSP partners vying for your business, selecting the right one can feel overwhelming. Don't worry, we're here to help! By focusing on these key criteria, you can confidently choose an MSP that complements your vision and values, propelling your organisation towards success.

Seek out MSP partners who have a proven track record of success, industry-specific expertise, and a reputation for delivering a compliant, efficient, and cost-effective service. Look for partners who have robust in-house delivery capabilities, including the ability to have conversations with managers about how best to get the work done. Your MSP should bring innovative technologies to source, record compliance, onboard, manage, and offboard workers and suppliers.

By prioritising these factors, you'll be well on your way to identifying an MSP partner who seamlessly integrates with your existing processes and empowers you to build the high-performing workforce you deserve.

3. Why does diversity and inclusion matter with your MSP partner?

Building a diverse and inclusive workforce has never been more important, and that should include your non-permanent workers. It's not just a social responsibility, it's a strategic advantage.

Look for MSP partners who champion diversity and prioritise inclusion in their processes. Seek partners who value equal opportunities, promote diverse talent pipelines, and actively create opportunities for people from all backgrounds and perspectives.

Here is why:

• Richer Talent Pool: A focus on D&I broadens your access to a wider range of skilled professionals, fostering innovation and creativity.
• Enhanced Problem-Solving: Diverse teams bring a multitude of perspectives to the table, leading to more effective problem-solving and decision-making.
• Employee Satisfaction: A culture of inclusion fosters a sense of belonging and empowerment, leading to increased employee satisfaction and retention.

By partnering with an MSP committed to D&I, you'll be building a more well-rounded, innovative, and successful organisation. Imagine a team where everyone feels empowered to contribute their unique talents and perspectives. This is the power of a diverse workforce, and your MSP can be the key to unlocking it.

MSP: Your gateway to a high-performing workforce

Selecting the best Managed Staffing Programme (MSP) partner is a transformative endeavour that calls for careful deliberation. First, you must define the work that needs to be completed. Then, map the talent you have internally and your strategy to fill in any gaps. This will include:

• Build additional permanent talent through cross-training or hiring
• Buy in the outcomes via a statement of work contracts or project teams
• Borrow talent from the market on a time and material basis from day rate contractors or via consultants

This clarity of strategy enables you to evaluate your MSP options and select partners that demonstrate an understanding and ability to activate your strategy.

The benefits of partnering with the right MSP are numerous. They become a champion for your diversity and inclusion initiatives, fostering a workforce that reflects the richness of the available talent pool. They act as your cost optimisation experts, ensuring you acquire and manage talent in a way that maximises value. Compliance is a top priority for any MSP, and they'll implement rigorous processes to maintain regulatory adherence. Ultimately, your managers are empowered. With the right talent readily available, they can focus on achieving exceptional results and propelling your organisation to new heights.

The result is that your managers have access to the talent and expertise they need to elevate your permanently employed workforce and empower your organisation to achieve exceptional results.

At Morgan McKinley, we are dedicated to empowering professionals and organisations to go further in their careers and make a positive impact on the world. Let us partner and embark on a journey of collective success, where, together, we can exceed expectations.