Skip to the main content.

Primary_Logo

nTech Workforce is a talent workforce solutions provider.

Contact Us

FOR JOB SEEKERS

Find jobs that align with your lifestyle and work preference.


Search Jobs

Job Seekers Mega Menu (1)-1

 

FOR BUSINESSES

Get the help you need, whether you're looking for on-demand work or to invest in long term team members.


Hire Contract Workers

Hire Permanent Workers

 

 

Capital Region-1   ISO 20000-1-2018Website Images - nTech Workforce-1

 

Customer Experience

View Stories

View Implementation

Education & Partnerships

Resource Hub

Businesses Mega Menu (1) (1)

Check out our nSider Hub for all of nTech's staffing-related resources.

2 min read

MSP 101: What to Know When Working with a Master Service Provider

MSP 101: What to Know When Working with a Master Service Provider

A Master Service Provider (MSP) is a company contracted by another company to provide large numbers of non-employees or independent contractors. These contractors are located through additional staffing agencies that work underneath the MSP.

Your MSP will oversee the entire hiring process – from finding workers to paying them. Your company need only contact the MSP to get answers about a specific contractor or position, rather than making dozens of phone calls. This standardizes the hiring process and guarantees all contractors meet a series of classifications and regulatory compliances before coming to work.

If your company has large-scale hiring needs and is looking to fill these positions at competitive rates, it might be time to consider an MSP.

Why should my company use an MSP?

There was a time when companies did everything alone, hiring a company lawyer, human resources manager and accountant. Now, these services are outsourced, making it easier for companies to focus on customer and employee retention.

There are many benefits to using an MSP, including an improved bottom line, competitive rates, a streamlined process and a single point of contact. Estimates show that anywhere from 60% to 80% of all Fortune 500 companies have adopted the MSP model for staffing.

How is an MSP organized?

There are three primary models used to organize an MSP, including:

  • Vendor Neutral Model – Forbids the MSP from participating in the staffing program as a vendor, thus avoiding potential conflicts of interest.
  • Hybrid MSP Model – Allows the MSP to participate in the staffing program.
  • Vendor On-Premise Model – You, the client, select a primary staffing agency though your MSP. That agency will be responsible for all of your hiring needs.

In practice, an MSP is a small team of people who oversee the staffing program on-site. Each MSP employs a manager, industry specialists, hiring experts, and administrative personnel.

How do I select an MSP?

You may choose an MSP based on a variety of factors, including:

  • Size – Large companies that need thousands of contractors will choose an MSP that matches their scale.
  • Industry – Healthcare companies choose an MSP that focuses on healthcare. Manufacturing companies on MSPs that focus on manufacturing. Every MSP focuses on a specific industry.
  • Geography – If you need a local MSP, you’ll have less options available. However, you’ll get the benefits that come with physical knowledge and assistance.
  • Experience – The more experience an MSP has, the more likely you’ll see impressive results.

At nTech Workforce, we assist businesses in their quest to find skilled employees and contractors on a regular basis. Contact our team today to learn more.

Four Ways to Set Your Contractors on a Path to Success

3 min read

Four Ways to Set Your Contractors on a Path to Success

There is nothing more important than maintaining clear lines of communication at work. As the gig economy continues to grow, managers are learning...

Read More
Three Differences Between Hiring a Contractor and a Full-Time Employee

3 min read

Three Differences Between Hiring a Contractor and a Full-Time Employee

In the growing gig economy, business owners have greater choice between hiring contractors for specific projects and hiring full-time employees....

Read More
How a Contract Hire Can Help Add to Your Team’s Perspective

3 min read

How a Contract Hire Can Help Add to Your Team’s Perspective

Recruiting contract hires can prove to be a reliable option for employers. Considering the fact that one in every five workers is a contract hire,...

Read More