concurrent session strategy it popular contingent workforce their pros, cons · 2020-03-17 ·...

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October 89, 2014 | The Mirage Hotel & Casino | Las Vegas Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program Models, their Pros, Cons Moderator: Subadhra Sriram, Editor & Publisher, Media Products, Staffing Industry Analysts Panelists: Peggy O’Neill, Director, Staffing Contingent Workforce, Disney Matthew Rodger, Managing Director, Contingent Workforce Solutions, Alexander Mann Solutions Carolyn Volovsek, Manager, HR Programs Corporate Human Resources, Fiserv WED, OCT 8 4:30 PM MIRAGE EVENTS CENTER C1 Sponsored by:

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Page 1: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

October 8‐9, 2014 | The Mirage Hotel & Casino | Las Vegas

Concurrent Session – StrategyDesign it Right: Popular Contingent Workforce Program Models, their Pros, Cons

Moderator: Subadhra Sriram, Editor & Publisher, Media Products,Staffing Industry Analysts

Panelists: Peggy O’Neill, Director, Staffing ‐ Contingent Workforce, Disney Matthew Rodger, Managing Director, Contingent Workforce Solutions, Alexander Mann Solutions Carolyn Volovsek, Manager, HR Programs Corporate Human Resources, Fiserv

WED, OCT 8  4:30 PM  MIRAGE EVENTS CENTER C1

Sponsored by:

Page 2: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

October 8‐9, 2014 | The Mirage Hotel & Casino | Las Vegas

DIGITAL SURVEYS

Don’t forget to rate thissession as you exit.

Design it Right: Popular Contingent Workforce Program Models, their Pros, Cons

Page 3: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

October 8‐9, 2014 | The Mirage Hotel & Casino | Las Vegas

Designing A Program

Caveat: One Size DoesNot Fit All

Page 4: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

October 8‐9, 2014 | The Mirage Hotel & Casino | Las Vegas

Master SupplierHybrid Vendor Neutral

Most‐Used Terms When It Comes to CW Program Models

Page 5: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

October 8‐9, 2014 | The Mirage Hotel & Casino | Las Vegas

Managed Service Program

A Managed Service Program is the coordinated management of a company’s contingent workforce and associated suppliers for the betterment of the company’s operations across four key dimensions: quality, efficiency, cost and risk. 

Page 6: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

October 8‐9, 2014 | The Mirage Hotel & Casino | Las Vegas

A Managed Service Program can be administered by either a client’s employees or outsourced to a third‐party provider (or both). When outsourced to a third party, the company is often referred to as a Managed Service Provider. 

Managed Service Provider

Page 7: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

October 8‐9, 2014 | The Mirage Hotel & Casino | Las Vegas

Master supplier – focus is recruiting services  Vendor‐neutral, competitive bidding MSP – focus is supply‐chain management services  Hybrid programs – focus is recruiting services and supply chain management services 

Common Managed Service Program Models 

Page 8: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

October 8‐9, 2014 | The Mirage Hotel & Casino | Las Vegas

A master supplier assumes overall responsibility for providing a client with temporary workers.  All requisitions/orders usually go first to the master supplier either to be filled or distributed to sub‐contract suppliers.  Scope of service typically includes program office, on‐site/ “vendor on premise,” rate intelligence, invoicing and accounting, electronic requisitioning and time keeping, back‐office support, on/offboarding, headcount and accrual reporting, sub‐tier/associate vendor management, and recruitment services. 

Master Supplier

Page 9: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

October 8‐9, 2014 | The Mirage Hotel & Casino | Las Vegas

Vendor‐Neutral, Competitive Bidding Managed Service Program  All staffing suppliers are given an equal opportunity to fill each order without the MSP giving preference to a specific supplier.  Suppliers are selected for each order based on the same criteria as defined by client policy.  If the managed service program is administered by a third‐party provider, that provider often is restricted from filling its own orders or deciding which orders are routed to any supplier 

Page 10: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

October 8‐9, 2014 | The Mirage Hotel & Casino | Las Vegas

The Vendor‐Neutral MSP

Page 11: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

October 8‐9, 2014 | The Mirage Hotel & Casino | Las Vegas

Hybrid Program

A  hybrid MSP is the blending of different sourcing model attributes to manage a contingent workforce program. This model may differ by skill or geography.  For example, one provider may act as the master supplier for light industrial positions while suppliers may compete for IT positions using a vendor‐neutral model across a number of different vendors. (Given that a vendor‐neutral solution has the ability to cast a wide net for critical skills, we see a higher prevalence of vendor‐neutral in IT.) 

Page 12: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

October 8‐9, 2014 | The Mirage Hotel & Casino | Las Vegas

Sourcing Model Traits to Consider When Designing a Managed Service Program Rate elasticity ‐ how rates vary per requisition/order  Competitiveness ‐ number of suppliers and the distribution of requisitions/orders  Vendor integration ‐ degree to which external resources are used to administer the program 

Page 13: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

October 8‐9, 2014 | The Mirage Hotel & Casino | Las Vegas

Different sourcing models for different skills (e.g. master supplier for clerical)  Different sourcing models for different locations (e.g. master supplier in U.K.)  Situational flexibility (e.g. urgent bulk staffing)  Hybrid teams (e.g. third‐party managed service provider and internal client recruiters) 

Sourcing Model Decisions Should Be Evaluated Per Skill and Location 

Page 14: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

October 8‐9, 2014 | The Mirage Hotel & Casino | Las Vegas

OverviewContingent Workforce Management (CWM)

Center of Expertise (COE)

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Total Workforce Accounted For

Total Workforce

Management

Total Workforce

Management

EmployeesStaffing

EmployeesStaffing

ContingentWorkforce*CWM / S&P

ContingentWorkforce*CWM / S&P

*Agency Temps, IC’s,SOW/Professional Services& Outsourced Vendors

Page 16: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

Issues regarding process, standards and support

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Independent Contractors

(ICs)

Independent Contractors

(ICs)

SOW / Professional

Services

SOW / Professional

Services

Outsourced Vendors

Outsourced Vendors

Staff Augmentation/Agency Temps

Staff Augmentation/Agency Temps

Page 17: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

Streamlined process eliminates confusion

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Independent Contractors

(ICs)

Independent Contractors

(ICs)

Professional Services

Professional Services

Outsourced Vendors

Outsourced Vendors

Staff Augmentaiton/Agency Temps

Staff Augmentaiton/Agency Temps

HR-CWM COE

S&P COE

Legal

Page 18: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

Internal CWM: Pros & Cons

Pros Cons•Expertise on Contingent Workforce Program

•Integrated Talent Acquisition/Staffing Strategy (FTE & CW)

•Maintain Corporate Knowledge of Contingent Talent Pool

• Cost Savings

• Responsibility of developing function requires management, time and effort

• For Meeting Program Objectives• For day-to-day Administration • For Issues Management

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Page 19: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

Outsource (MSP): Pros & Cons

Pros Cons

•Expertise on Contingent Workforce Program Management

• Work under a Service Level Agreement

• Loss of control of CW Resource Pool

•Added Cost (additional middle man)

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Page 20: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

Hybrid Model

Internal MSPStaff Augmentation/Agency Temps and IC’s

External MSPStaff Augmentation/Agency Temps

Most of Enterprise is managed by internal CWM team• Maintain corporate

knowledge of contingent worker pool

• Integrated Talent Acquisition strategy between CWM and Staffing team

• Integration between CWM and Sourcing & Procurement

• Understand the ebbs and flows of departments

• Have better internal intelligence

We utilize the external MSP for the following reasons: • Timeliness• Expertise on Contingent

Workforce Management Program

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Page 21: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

HR – CWMHR – CWM

Enterprise Single Point of Entry System

Single Point of

EntryVMS

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Sourcing & Procurement Sourcing &

Procurement

Independent Contractors

(ICs)

Independent Contractors

(ICs)Professional

ServicesProfessional

Services

Outsourced Vendors

Outsourced Vendors

Staff Augmentation/Agency Temps

Staff Augmentation/Agency Temps

…results in clarity of process, improved efficiency and increased accountability

Page 22: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

Contingent Staffing at Fiserv

Carolyn VolovsekManager, HR Programs

2014 Staffing Industry Analysts CWS Summit

Page 23: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

© 2013 Fiserv, Inc. or its affiliates.

About Fiserv

• Leading provider of financial services technology solutions to financial institutions

and businesses worldwide

• Best-in-class solutions in five strategic competencies

• Trusted by 14,500 clients

• Named to FORTUNE® magazine's World's Most Admired Companies list in the

financial data services category

Page 24: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

© 2013 Fiserv, Inc. or its affiliates.

Fiserv’s Contingent Workforce Program Model

• Fully outsourced MSP and VMS Model• Internally managed within HR Operations with support and

partnership with Enterprise Strategic Sourcing• Prior to 2012, program was a Master Vendor Model• In 2012, renewed contract with MSP and refreshed program model

and transitioned to Hybrid Program• Master Vendor for Light Industrial locations (may differ by location)

• Built in secondary and tertiary support when needed• Vendor Neutral model for Clerical, IT/Technical, and Professional

categories• Business Group Specific Tiered Vendor lists

Page 25: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

© 2013 Fiserv, Inc. or its affiliates.

Fully Outsourced Model Serves Fiserv Well

• Fully outsourced MSP and VMS Model

• Internally managed within HR Operations with support and

partnership with Enterprise Strategic Sourcing

• Prior to 2012, program was a Master Vendor Model

• In 2012, renewed contract with MSP and refreshed program model

and transitioned to Hybrid Program

Page 26: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

© 2013 Fiserv, Inc. or its affiliates.

Why a Hybrid Model?

• Feedback from program stakeholders• Not a one size fits all Company• Needed to drive program compliance

Page 27: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

© 2013 Fiserv, Inc. or its affiliates.

Benefits of a Hybrid Model

• Increased end user satisfaction• Light Industrial businesses get the support they need from a local

supplier• Businesses with IT/Technical and Professional needs get benefit of

varied supplier base • Businesses with Group Specific or Tiered vendor structures have

ability to work with specialized suppliers

Page 28: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

© 2013 Fiserv, Inc. or its affiliates.

Challenges of a Hybrid Model

• For Master Vendor businesses

• Ensuring local contact within staffing agency is the right fit

• Putting in place secondary and tertiary support when needed

• Managing performance of primary supplier

• For Vendor Neutral businesses

• Supplier management-do we have the right mix in place?

• Quarterly supplier scorecards and rationalization

• Supplier participation

Page 29: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

© 2013 Fiserv, Inc. or its affiliates.

Key Takeaways and Lessons Learned

• Involve your key stakeholders early

• Touch base with your key users often• Be flexible

Page 30: Concurrent Session Strategy it Popular Contingent Workforce their Pros, Cons · 2020-03-17 · Concurrent Session – Strategy Design it Right: Popular Contingent Workforce Program

October 8‐9, 2014 | The Mirage Hotel & Casino | Las Vegas

DIGITAL SURVEYS

Don’t forget to rate thissession as you exit.

Design it Right: Popular Contingent Workforce Program Models, their Pros, Cons