HR Glossary

What is Managed Services?

An outsourcing model where a third-party provider assumes full responsibility for managing and delivering a defined business function or process, measured against agreed service levels and outcomes rather than individual headcount.

Why it matters in hiring

Managed Services comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with M

• Management by Objectives (MBO)
• Management Training
• Manager Review
• Market Rate
• Maternity Benefit Act
• Meal Vouchers
• Medicare (Australia)
• Medicare Tax

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