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
analyze organize optimize
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.”
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.”
IS YOUR COMPANY AT RISK?
A mistaken Classification can lead to:Tax PenaltiesWSIB AuditsWrongful dismissal complaintsVicarious liability for harassment or negligence
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…?
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
WHY ANCHOR VMS?
Decrease Costs
Leverage Your Company’s Buying Power
Streamline Processes
Mitigate Risk
ANALYZE
Qualitative & Quantitative Analysis of Current Non-Standard Talent Analysis of existing Talent & ProcessesReview of current Vendor RelationshipsCustomized Solution & Roll Out Strategy
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
ORGANIZE
Identify Client SponsorVendor ManagementTrainingTime Card Entry & Invoice ConsolidationTalent Acquisition Portal SolutionReal-Time Reporting
OPTIMIZE
Vendor Performance MetricsOnline Assistance, Dedicated Hotline, Account Management TeamCustom Report GenerationMarket Trend Analysis
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
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
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
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
SERVICE MODELS
Full Service Model
Self-Service Model
Combination Model
Advisory Model
PRICING MODELS
Fully Vendor Funded
Fee for Service
Combination of Both
NEXT STEPS
Begin Analysis Phase
Establish Monthly Spend Levels
Select Client Sponsor
Contract & Pricing
THANK YOU