A key benefit of MATRIX Managed Services is the establishment of standard, firm-wide rates. In typical organizations that have not implemented a managed services program, many hiring managers directly negotiate rates with a staffing firm for each temporary worker hired. But in many cases, hiring managers do not have sufficient knowledge of prevailing rates. Oftentimes separate business units within a company pay widely varying rates for identical skill sets and experience levels.
With a single supplier as overseer, there is greater likelihood for reduced costs and/or volume discounts as well as the consolidation of many staffing agreements to a single contract.
A MATRIX Managed Services program also defines a list of supplier(s), helping organizations control "maverick" spending with non-approved vendors at rates that are higher than the company's standards. It guarantees talent is acquired at a set price and ensures that the company will be able to take advantage of the volume discounts negotiated with the defined list of staffing firms.
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