How Eastridge MSP helped a medical device manufacturer double its contingent workforce while improving candidate quality, minimizing costs, and enhancing compliance.
In medical device manufacturing, many employers rely heavily on a contingent workforce. Managing compliance, costs, and the logistics of a temporary workforce across multiple staffing agencies and locations can be challenging. An MSP (Managed Service Provider) program offers a solution that greatly simplifies workforce management, provides transparency into the workforce, and can also be an opportunity to significantly reduce labor costs.
During a period of significant growth, one industry leading medical device manufacturer was looking to streamline its contingent workforce, while also preparing to double its workforce to meet rising demand.
In partnership with the company, Eastridge MSP designed a program that would allow the company to grow rapidly while streamlining the contingent worker process. All of the existing vendors were consolidated under one program with one system of truth (Talient an Eastridge Solution), one invoice, one primary program manager, and one standardized way of hiring, onboarding, and offboarding temporary workers. The MSP also streamlined rates and conversion terms allowing for best in class pricing at all job levels.
The MSP program is standardized through one system of truth, Talient. This system allows hiring managers and supervisors access to job requisitions, timekeeping information, expense management, and real time rosters. Additionally, the VMS system also serves as a way to manage compliance through onboarding checkpoints, provisioning, and offboarding standardization. This VMS system has the ability to funnel requisitions by company specific verticals and/or by being a completely vendor neutral platform.
Challenges
The medical device manufacturing company needed a way to simplify the management of its large contingent workforce, while facing the following challenges:
Solutions
The Eastridge MSP team took on many of the company’s existing responsibilities and significantly streamlined workforce management. To achieve this, Eastridge:
Results
Eastridge’s MSP program helped the company to attract higher performing employees and greatly simplified the management of the client’s contingent workforce. The MSP also resulted in:
About Eastridge
Established in 1972, Eastridge Workforce Solutions is an employee-owned provider of full-service talent acquisition and management solutions for companies globally. Eastridge provides a full range of solutions solving today's workforce challenges. In addition to professional / technical and industrial recruiting we provide workforce management solutions such as payrolling, recruitment process outsourcing, as well as master service provider and vendor management systems programs. We back our services with the Talient, a proprietary technology that streamlines every step of workforce management. Eastridge proudly helps over 20,000 associates find jobs annually across the globe.