Company Market Research Report: Matrix



Company Overview



Name, Mission of the Company


  • Name: Matrix

  • Mission: Our passion and purpose at Matrix is to ‘Connect people to work’. We believe that the more people we help connect to employment, the greater positive impact we can have on the economy, environment, and the communities and clients we serve.


Founding Details


  • No information is available about when the company was founded and by whom.


Key People


  • No specific key people mentioned in the provided data.


Headquarters


  • No information is available about where the company is headquartered.


Number of Employees


  • No information is available about the number of employees.


Revenue


  • Managed Spend: £0.0 billion

  • No further information available about the company's revenue.


Core Competencies


  • Known for providing workforce management solutions that revolutionize the way employers attract, recruit, and manage their indirect workforce.


Products



Products Offered



  • Neutral Vendor Service: A fully managed service that provides recruitment supply chains and systems for hiring and managing contingent workers.

  • Statement of Work & Professional Services Management: Solutions for managing consultancies and projects.

  • Pre-screened Worker Pool Building: Helps organizations build a pool of potential workers.

  • Employment Screening Solutions: Smarter employment screening solutions globally.

  • Proprietary Platform: Automates and manages the temporary worker hiring process.

  • Payment and Compliance Services: For hiring contingent workers.

  • cr.net Platform: Connects customers to UK recruitment agencies, offering detailed operational reporting and 100% compliance with right-to-work checks.

  • Matrix Talent Pool: Provides access to pre-qualified skilled workers for streamlined operations.

  • Matrix Milestone: Managed procurement and supply chain service.

  • Matrix Payroll: Managed payroll services to take care of taxes, compliance, and other payroll needs.

  • Matrix Security Watchdog: Provides global background checks and pre-employment screening solutions.


Key Features


  • Fulfillment Rate: 99.6%

  • Compliance: 100%

  • Talent Pool Fulfillment Rates: 98.6%

  • Savings: £34 million

  • Matrix cr.net Features: Real-time auditing, reports, cloud-hosted technology platform available as a mobile or web app.


Recent Developments



Recent Developments in the Company


  • No specific recent developments mentioned apart from general insights and capabilities.


New Products Launched


  • Matrix Payroll Service: Managed payroll services aimed at making payroll processes simpler and compliant.


New Features Added


  • New capabilities emphasize real-time data analytics, compliance, and streamlined processes across various workforce management needs.


New Partnerships


  • No information is available about new partnerships.


Insights and Industry Commentary



  • Onrec Insights: Discussed strategies NHS can learn from local authorities in recruiting temporary staff.

  • Personnel Today Commentary: Examined the shortcomings of the Agency Workers’ Zero-Hours Consultation.

  • The Global Recruiter Magazine: Provided insights on how employers and recruiters can thrive in the new hiring landscape.

  • HR Magazine Inquiry: Posed questions about the impact of the rise in temporary workers on company culture.


Summary



Matrix offers comprehensive workforce management solutions that support diverse and dynamic workforce needs, helping businesses streamline recruitment and compliance processes effectively. With a strong focus on innovation and strategic management, Matrix positions itself as a leading service provider in creating workforce management technologies. The company emphasizes connecting individuals to work, maintaining high compliance, and achieving notable savings for clients.