Mark Inskip, CEO, MatrixMark Inskip, CEO
Matrix is a progressive Workforce Management business striving to transform the talent ecosystem through its innovative, platform-enabled, 3-sided marketplace business model. Matrix enables employers to reach talent through their managed supply channels, such as recruitment agencies and online talent platforms, whilst also enabling employers to leverage their own brand to connect directly with talent. The firm’s commitment to its motto of ‘connecting people to work’ efficiently, fairly, and intuitively ensures that employers gain the whole market access to the best skills. It is making exponential strides towards ranking among the top five recruitment services businesses in the UK.

Matrix’s neutrality enables them to optimise the process and experience for all stakeholders involved in the recruitment process. For employers, they enable access to great talent by leveraging the best sourcing channels selected in a manner that is free from bias and offered via a single interface. For suppliers, Matrix reduces the cost of sale, and increases access to a diverse range of supply opportunities, whilst also delivering back and middle office efficiencies through access to highly scalable services such as pre-employment screening and payroll.

For talent, they provide engaging and compliant assignment management services such as payroll and digital screening and credential management.

The firm currently stands among a select group of companies redefining vendor neutrality in the marketplace. Matrix’s progressive business model significantly deviates from the norm, allowing it to operate in the best interests of all its stakeholders.

“Matrix ensures the perfect fit between employers and the talent marketplace, diligently matching candidates to their ideal positions and leveraging our economies of scale to provide employers access to great suppliers in a cost and process-efficient manner,” says Mark Inskip, CEO of Matrix.

Matrix’s unified platform consolidates the market through a single access point. It considers that, due to rising demand in the employment market, candidates are frequently sourced from multiple agencies, each with its own set of dynamics, goals, frameworks, and regulations. This diversity may lead to a disconnect between recruiting agencies and organisations, resulting in restricted access to talent and skills, resulting in avoidable friction in the recruitment process. The firm bridges this gap and supports its clients with candidate selection while reducing financial waste.

It attracts and engages with talent pools that agency markets typically overlook, cultivating workplace diversity. Matrix also guides employers on the benefits of a diverse workforce, and this innovative approach is a key distinguishing factor from its competitors.

The company offers multiple solutions that streamline the hiring process, the most notable of which is Matrix Workforce. This fully managed neutral vendor service offers employers highly customised recruitment supply chains along with systems for recruiting and managing a temporary, interim, and contingent workforce. Matrix Workforce ensures 100 per cent worker compliance, 99.6 per cent fulfillment rate to client-specified timeframes, and complete transparency in candidate flow. Complementing Matrix Workforce is their market-leading global candidate screening solution; Matrix Security Watchdog. Having a longstanding reputation as the UK’s most trusted provider for over two decades, this solution plays a pivotal role in ensuring employers and suppliers have the comfort of complete talent compliance.

Additionally, Matrix provides a comprehensive solution called Matrix Talent Pool, allowing employers to leverage the power and reach of their employer brand to create and manage their own talent pools. This streamlines the hiring process, reduces recruitment costs, and promotes local employment markets.

Further solutions in its portfolio, include Matrix Payroll and the Matrix Milestone service offering. Whilst Matrix Payroll manages every aspect of payroll management for temporary workers, including tax obligations and contract administration, the Matrix Milestone offering enables clients to procure goods and services under work packages, assisting clients to collaborate with industry experts and optimise funding initiatives.

Underpinning their portfolio of service offerings are Matrix’s proprietary cloud platforms; Matrix CR.net, which automates the full recruitment and temporary worker assignment management process, and Volti4 their proprietary cloud platform which manages worker onboarding and global background screening services.

There are several client success stories that showcase Matrix’s efficiency; one noteworthy example is its association with Anchor. The client faced challenges maintaining compliance and ensuring the right people were in the correct roles. Matrix provided tailored solutions by optimising the social care workers’ supply chain and collaborating with suitable suppliers. It also performed extensive pre-employment checks to ensure that only appropriately qualified staff were hired, enabling Anchor to enhance their monitoring of temporary agency staff.

Alongside Anchor, Matrix serves several industry sectors and clients including leading international retailers, national social care and health providers, international telecoms providers, retail banks, and professional services firms.