Name: Reed Talent Solutions
Price range: $

Question 1

What is a staff bank solution?

Accepted Answer

A staff bank solution is the management of a pool of flexible workers on your behalf. This typically involves the sourcing of workers onto the bank and deploying workers into shifts that meet their skill sets. The model has been designed to help clients reduce reliance on agency supply, as the bank becomes the primary talent pool for requirements, thereby generating cost efficiencies.

Our staff bank solution is flexible, allowing you to choose between us delivering the full end-to-end management of the staff bank, or selecting modular service options to enhance your existing process.

Question 2

Who is it suitable for?

Accepted Answer

A staff bank solution is suitable for any organisation that requires a flexible pool of workers to be deployed into shifts, temporary bookings or contracts. The staff bank model has proven to be extremely effective in NHS trusts and local authorities. However, the model will also add value to private healthcare providers, other public sector organisations and private organisations requiring ongoing, flexible resource.

Question 3

What are the benefits of the staff bank solution?

Accepted Answer

The staff bank solution delivers a number of benefits, including:

A reduction in agency spend, as the bank becomes the primary supplier of talent
Reduced risk, as shifts are undertaken by known, experienced workers
Improved control over workforce levels and costs

Question 4

What service options are available?

Accepted Answer

Reed Talent Solutions offers the following services:

Staff bank set-up
Management of an existing staff bank
Payrolling bank workers on your behalf
Contingent labour management
Data analysis to get the best out of your workforce
Investment analysis to determine the best model for your staff bank

Question 5

Do I have to outsource the full staff bank or can I get support on part of the service?

Accepted Answer

You can outsource the full staff bank or get support on part of the service. Our modular options let you select which parts of the process you require support on. We will then design a solution to complement your existing provision and workforce objectives. We can apply the service to single or multiple staffing categories, depending on your priorities.

Question 6

Does the staff bank also cover agency supply chain?

Accepted Answer

Our solution can provide agency supply chain management under our contingent labour management option. This makes sure that you get the best value for money, along with flexible resource and overall control across your contingent workforce.

Question 7

What level of support is available for the transition to a staff bank?

Accepted Answer

You will be assigned a dedicated project manager who will define a detailed transition and engagement plan incorporating all people, process and technology needed to ensure a successful implementation.

Contingent Solutions

Permanent Solutions

Consultancy Solutions

Other Solutions

Staff Banks

Putting patients and users first

Talent

Technology

Accountability

Self-reliance

Satisfaction

Compliance

"Tasked with reducing agency usage and increasing bank uptake, we've had to put tough measures in place. Reed Talent Solutions have been nothing short of superb – supportive, engaging, and above all, friendly."

Why choose us?

Case Study

Supporting a London NHS Trust to maintain ancillary service continuity during Covid-19

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