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Benefits of Building a “Ready Bench”

  • 2019-02-01
  • Author: Heather Ramsay

In a recent survey of Chief Procurement Officers conducted by YourEncore Procurement Experts, it was found that finding and onboarding experienced on-demand talent can take over 90 days. Very rarely is on-demand talent requested 90 days in advance and in most cases the talent is required immediately. Most companies are struggling to maximize the value of on-demand talent because of this issue. When ramp time is added for inexperienced talent, time to value for on-demand talent can almost be 6 months.

What takes up so much time? For on-demand talent that requires a high level of experience, getting a vendor or a Managed Service Provider (MSP) that does not have a deep understanding of the industry and the role can lead to elongated search times. Candidates are often presented that do not fit the role or do not have the experience. This slows the time to finding the right candidates to interview. Scheduling and conducting interviews also take a significant amount of time. hese two components can take 30 to 60+ days. Finally, once a candidate is selected, the onboarding process can take 30+ days.

YourEncore developed the concept of Ready Benches to address this issue and greatly reduce the time from request to having an Expert deliver value. A Ready Bench is a team of Experts pre-vetted by YourEncore and the client for specific roles. Rates are established upfront, and because the resources are already vetted, there is no need for interviews. You simply select the Expert you want for the specific role. In some cases, much of the onboarding process can be handled in advance. YourEncore can even arrange to have Expert trained prior to a project to minimize time to value.

A Ready Bench can drastically reduce the time it takes to onboard top talent from 90 days to well below 30, saving you time and creating increased value. Your virtual workforce would be employed by YourEncore. Full-time resources through YourEncore have access to benefits, receive training, and have an entire support organization to ensure they have what they need to meet your requirements. They are passionate about what they do, and you will be hard-pressed to see the difference between a YourEncore Expert and your employees.