Anchor VMS Information Presentation

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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.

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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