Is MSP the Future of IT Staffing? Explained

Author

Team Antra

Date: 27 December 2024

Is MSP the Future

The IT industry faces a talent crunch like never before. With an ever-growing demand for specialized skills, traditional hiring methods struggle to keep up. If your organization relies on contingent talent for more agility, Managed Services Programs (MSP) can help you attract and deploy this critical part of your workforce. A report by Grandview Research reveals that the global MSP market will grow by 13.6 percent by 2030.

But is MSP staffing the future of IT recruitment? Learn how MSP staffing can be a game changer for your organization for faster talent deployment while maintaining lower costs and greater growth.

What is MSP Staffing?

Have you ever wondered how large companies manage mass recruitment without running out of resources? That’s what MSP staffing comes in for. But what does MSP stand for? Managed Service Providers or MSPs are partners who act strategically to manage your entire workforce needs-from sourcing to compliance. They work as a bridge between employment-seeking companies and staffing suppliers for a more streamlined policing of MSP recruitment and management. MSP staffing companies specialize in advanced workforces, allowing companies access to diverse pools of pre-vetted candidates, which sounds pretty handy if you find yourself needing a new IT guy and just can’t seem to find one with the required niche skill set. Key Takeaways: MSP Staffing takes all the puzzling aspects of IT recruitment and makes it a fairly cost-effective and low-risk solution for organizations in terms of a way to manage their workforce.

Advantages Of MSP Staffing

Without the right controls, companies often face risks such as non-compliance, high labor costs, and security threats when managing contingent talent independently. MSP staffing helps mitigate these risks by providing centralized management, ensuring compliance, better control, and reduced operational costs. Here is a summary:

1. Talents Boost
Struggling to find expert developers or cloud specialists? Talent sourcing through MSP recruitment opens up a huge network of talented candidates for faster and better matches.

2. Minimal Cost
Hiring is not about filling the positions but filling them economically. MSP staffing helps minimize the overall costs by 25%, maintaining the organization’s development and growth.

3. Improved Cyber-security
From Kaspersky’s Global Corporate IT Security Risks Survey, nearly 70% of companies surveyed expect to outsource their security needs to an MSP or managed security service provider (MSSP) in the next 12 months. MSPs have dedicated security teams and advanced technologies to protect against cyber threats, eliminate risks, as well as ensure compliance with industry regulations.

Key Takeaway:
MSP staffing manages to offer all the speed, potential risk (nearly 70%), and cost-effectiveness (by 25%) combinations necessary to satisfy the fast pace at which IT recruitment demands.

How Much Does An MSP Cost?

A common question businesses ask when considering staffing services is, “What will it cost?”

Typically, the pricing for MSP services is structured as fees, which may include a combination of fixed fees, variable fees, or both. Businesses are generally charged according to the number of hires, the extent of recruitment, or the specific services provided.

However, when you analyze the cost against the benefits—such as a significant reduction in time-to-hire, improved workforce quality, and increased risk management—staffing through an MSP can be a cost-effective solution in the long run.

Key Takeaways:
While MSP costs can vary, the fact that it gives value in terms of cost savings increases efficiency, and reduces risk makes it a good investment for IT recruitment.

What Can You Expect From An MSP Agency?

Are you curious to know what is exactly in store for you with the MSP provider? The list goes on: a true Managed Service Provider shall not only provide a company’s external and internal recruitment services but also manage the entire contingent workforce of that company.

This is what you can expect from an MSP Staffing Agency:

Access to top talent:
Networking with existing companies, job boards, and staffing firms allows MSP staffing firms to connect both external and internal expert recruiters in ensuring you receive the best candidates.

Vendor Management:
Manage all the staffing vendors with compliance and performance standards.

Cost Savings:
MSP providers negotiate better rates with staffing agencies, thus leading to an overall reduction in recruitment costs.

Scalability.
MSP services adjust within hours to match shifting business demands, scaling to accommodate your hiring needs.

Key Takeaway:
MSP providers are a one-stop solution incorporating expertise, control, and efficiency in handling the contingent workforce, optimizing the recruitment process in turn.

The Future of MSP Staffing in IT Recruitment

The demand for skilled IT professionals keeps growing. With AI and data analytics, MSP providers can streamline recruitment, helping companies find the best talent faster and more accurately.

Did you know that by 2029, the global IT staffing market is expected to reach USD 142.37 billion?Statista claims the future of managed services is projected to grow at a compound annual growth rate (CAGR) of 3.89%, resulting in a market volume of £1.67 billion by 2029.

As more companies embrace remote work and look for talent across the globe, MSP staffing becomes even more essential. With AI integration, the adoption of multi-cloud strategy solutions and enabling disaster recovery plans, businesses can tap into global talent pools. MSP providers will continue to drive efficiency, reduce costs, and ensure better talent matches in the ever-evolving IT landscape.

Optimize Your IT Staffing Needs with Antra’s MSP Solution

Want to make your IT recruitment and workforce management a breeze? Let Antra’s comprehensive Managed Service Provider (MSP) solutions and multi-domain staffing prowess take your business potential to the next level. We carry out full-fledged IT management network monitoring for cybersecurity, cloud, and data protection. We are also home to the best talent across industries, including technology, finance, retail, and more. Seamless operations, 24/7 support, and scalable solutions ensure that your business runs efficiently while you focus on soaring growth and innovation.

Let Antra boost your IT recruitment strategy- just contact us right now!