HCS providers

By Partnering With BOTH, Human Capital Services
Providers Can Gain A Competitive Edge

Contemporary human capital services providers strive to offer the best in deployment practices, contingent workforce solutions, and contract talent engagement platforms. As part of this endeavor, the BOTH Total Support™ concept can represent an attractive complimentary proposition for HCS providers. In partnership with BOTH, HCS providers have the option to offer the Total Support concept to either their client’s contractors or to their own workforce talent pools, as an innovative, new talent engagement platform. By adding BOTH’s total support for independent professionals as an option available to their client’s contractors, human capital services providers broaden the scope of their services in a meaningful way.

The BOTH Workforce Services Partner (WSP) is enabled to augment conventional Employer Of Record (EOR) or Agent Of Record (AOR) services by a Vendor Of Record (VOR) platform, in line with the fact that BOTH’s clients are ‘vendors’ and not ‘contract employees’. As the BOTH WSP as VOR, the following is true:

employer of record (EOR)

• WSP temporarily employs contractor • WSP invoices client with mark-ups • WSP pays contractor

agent of record (AOR)

• contractor is independent, unsupported • WSP invoices client with mark-up • WSP pays contractor

vendor of record (VOR)

• contractor is independent, fully supported • contractor has compliant vendor status • WSP owns client relationship • WSP outsources support to BOTH • WSP invoices client with mark-up • WSP pays contractor • contractor, not client or WSP, pays BOTH fee • contractor may be compensated for BOTH fee through bill rate

hcs providers broaden the scope of their services in a meaningful way

By adding BOTH’s Total Support for independent professionals as an option available to their client’s contractors,
human capital services providers broaden the scope of their services in a meaningful way.