anchor vms information presentation
DESCRIPTION
Anchor VMS Inc. is a Non-Standard Workforce Management Consulting firm. This presentation will give a general overview of our services and how they may benefit your organization. For a more detailed overview contact Ann Binsted.TRANSCRIPT
![Page 1: Anchor VMS Information Presentation](https://reader031.vdocuments.net/reader031/viewer/2022020217/548c2014b47959e5588b48ac/html5/thumbnails/1.jpg)
analyze organize optimize
![Page 2: Anchor VMS Information Presentation](https://reader031.vdocuments.net/reader031/viewer/2022020217/548c2014b47959e5588b48ac/html5/thumbnails/2.jpg)
CANADIAN NON-STANDARD WORKFORCE DEFINED BY HRDC
“Non-standard talent is no longer incidental.”
“The forms of employment involving part-time, fixed-term, temporary, home and standby workers, those who have more than one job, and the self-employed, have become so significant numerically that they now affect about one third or more of the workforce in Canada.”
![Page 3: Anchor VMS Information Presentation](https://reader031.vdocuments.net/reader031/viewer/2022020217/548c2014b47959e5588b48ac/html5/thumbnails/3.jpg)
RISKS OF CO-EMPLOYMENT IN CANADA
“Far too often, employers don’t appreciate that their independent contractors and consultants may actually be employees.”
“It does not typically matter whether there is a contract in place or how these individuals are classified by the organization.”
“These are only two of many factors that a court or regulatory body (such as the Canada Revenue Agency) will consider in assessing who holds the legal responsibility for these individuals.”
![Page 4: Anchor VMS Information Presentation](https://reader031.vdocuments.net/reader031/viewer/2022020217/548c2014b47959e5588b48ac/html5/thumbnails/4.jpg)
IS YOUR COMPANY AT RISK?
A mistaken Classification can lead to:Tax PenaltiesWSIB AuditsWrongful dismissal complaintsVicarious liability for harassment or negligence
![Page 5: Anchor VMS Information Presentation](https://reader031.vdocuments.net/reader031/viewer/2022020217/548c2014b47959e5588b48ac/html5/thumbnails/5.jpg)
inconsistent & uncontrollable contingent talent spendinaccurate classification leading to co-employment riskmeeting compliance & industry regulationsuncertain ownership of the processuncontrolled vendor usage with little to no visibility of the metricspoor quality of non-standard talent
DOES YOUR ORGANIZATION STRUGGLE WITH…?
![Page 6: Anchor VMS Information Presentation](https://reader031.vdocuments.net/reader031/viewer/2022020217/548c2014b47959e5588b48ac/html5/thumbnails/6.jpg)
NON-STANDARD TALENT MANAGEMENT TREND REPORT
Analysis from a cross section of Fortune 500 companies – Taleo 2005
0 10 20 30 40 50 60 70 80 90 100
18% Unknown Suppliers21% Immeasurable Costs33% Process Ownership
50% Legal Issues66% Co-Employment
69% Compliance92% Cost Control
Response
![Page 7: Anchor VMS Information Presentation](https://reader031.vdocuments.net/reader031/viewer/2022020217/548c2014b47959e5588b48ac/html5/thumbnails/7.jpg)
WHY ANCHOR VMS?
Decrease Costs
Leverage Your Company’s Buying Power
Streamline Processes
Mitigate Risk
![Page 8: Anchor VMS Information Presentation](https://reader031.vdocuments.net/reader031/viewer/2022020217/548c2014b47959e5588b48ac/html5/thumbnails/8.jpg)
ANALYZE
Qualitative & Quantitative Analysis of Current Non-Standard Talent Analysis of existing Talent & ProcessesReview of current Vendor RelationshipsCustomized Solution & Roll Out Strategy
![Page 9: Anchor VMS Information Presentation](https://reader031.vdocuments.net/reader031/viewer/2022020217/548c2014b47959e5588b48ac/html5/thumbnails/9.jpg)
CURRRENT STATE
Unknown Suppliers
HR IT Sales/Marketing Communications Corporate Services
Operations
Multiple InvoicesLost Resumes
Co-Employment Risk
Paper Timesheets
Inconsistent Bill Rates
No VisibilityRogue Spending
Inconsistent On-Boarding
No Background Checks
Sub-Standard TalentInconsistent Acquisition Process
Vendor Accountability
Job Misclassification
No Standard Approval Process
CLIENT LOGO HERE
Lack of Ownership
Slow Response
Unfocused Management High Legal Costs
![Page 10: Anchor VMS Information Presentation](https://reader031.vdocuments.net/reader031/viewer/2022020217/548c2014b47959e5588b48ac/html5/thumbnails/10.jpg)
ORGANIZE
Identify Client SponsorVendor ManagementTrainingTime Card Entry & Invoice ConsolidationTalent Acquisition Portal SolutionReal-Time Reporting
![Page 11: Anchor VMS Information Presentation](https://reader031.vdocuments.net/reader031/viewer/2022020217/548c2014b47959e5588b48ac/html5/thumbnails/11.jpg)
OPTIMIZE
Vendor Performance MetricsOnline Assistance, Dedicated Hotline, Account Management TeamCustom Report GenerationMarket Trend Analysis
![Page 12: Anchor VMS Information Presentation](https://reader031.vdocuments.net/reader031/viewer/2022020217/548c2014b47959e5588b48ac/html5/thumbnails/12.jpg)
BENEFIT TO CORPORATE & HR
Real-Time Visibility of Entire Non-Standard Talent PopulationCompliance, Regulatory & Audit Material Easily AccessibleMeasurable Data to Forecast Spend – Cost vs. BudgetReduced Co-Employment RiskNoticeable Improvement to bottom line & Increase in Shareholder Value
![Page 13: Anchor VMS Information Presentation](https://reader031.vdocuments.net/reader031/viewer/2022020217/548c2014b47959e5588b48ac/html5/thumbnails/13.jpg)
BENEFIT TO FINANCE & PROCUREMENT
Invoice Consolidation Reduced Rate VarianceReport Function to Measure Cost Impact on QualitySLA’s to Monitor Service Performance & Vendor MetricsEnforced Guidelines & Agreement Terms
![Page 14: Anchor VMS Information Presentation](https://reader031.vdocuments.net/reader031/viewer/2022020217/548c2014b47959e5588b48ac/html5/thumbnails/14.jpg)
BENEFIT TO VENDORS
Improved Communication & Understanding of Client needs
Consolidated, Streamlined Invoice & Collections process leading to faster, more Consistent Payments
More Open Requirements through Access to all jobs across the Company
Transparent & Unbiased Submittal of Candidates
Quicker Turnaround and Timely Feedback of Activity
![Page 15: Anchor VMS Information Presentation](https://reader031.vdocuments.net/reader031/viewer/2022020217/548c2014b47959e5588b48ac/html5/thumbnails/15.jpg)
BENEFIT TO NON-STANDARD TALENT
Clearly defined work arrangements
Single point of contact for all work-related issues
Access to Benefits
Regular, Secure Payroll
Historical record of timesheets
![Page 16: Anchor VMS Information Presentation](https://reader031.vdocuments.net/reader031/viewer/2022020217/548c2014b47959e5588b48ac/html5/thumbnails/16.jpg)
SERVICE MODELS
Full Service Model
Self-Service Model
Combination Model
Advisory Model
![Page 17: Anchor VMS Information Presentation](https://reader031.vdocuments.net/reader031/viewer/2022020217/548c2014b47959e5588b48ac/html5/thumbnails/17.jpg)
PRICING MODELS
Fully Vendor Funded
Fee for Service
Combination of Both
![Page 18: Anchor VMS Information Presentation](https://reader031.vdocuments.net/reader031/viewer/2022020217/548c2014b47959e5588b48ac/html5/thumbnails/18.jpg)
NEXT STEPS
Begin Analysis Phase
Establish Monthly Spend Levels
Select Client Sponsor
Contract & Pricing
![Page 19: Anchor VMS Information Presentation](https://reader031.vdocuments.net/reader031/viewer/2022020217/548c2014b47959e5588b48ac/html5/thumbnails/19.jpg)
THANK YOU