recruitment agencies Articles

A preferred supplier list or PSL is list of pre-approved suppliers from which managers and employees can procure goods and services at a lower risk.

These lists are common for recruitment agencies as the contractors working through them tend to use the services of umbrella companies and other professional services providers.

Most agencies will require their PSL to be audited annually by external bodies, this reduces the likelihood of expensive compliance issues and other supply chain risks.

What do Recruitment Agencies or Recruitment Consultants look for when deciding which umbrella company to work with?

Paymatters, along with all other APSCo approved umbrella company suppliers, were contacted this week following a concern that had been raised to APSCo by an organisation expressing concern that some umbrella companies are competing or preparing to compete with recruitment agencies by providing services that recruitment agencies offer, including HR and direct placement services, to others in the supply chain". Miles Grady ACA BA Econ (Hons) , Finance Director at PayMatters, was able to confirm that PayMatters do not have any plans to compete with our agencies. Quite simply, we consider our agencies to be our business partners and we rely upon them to provide contractors to us. Competing with them would not make sense!