@iShop4Pay wrote:
That is exactly what I am talking about! There are a few MSP’s I will not go near as well. We often risk slow pays, slow reimbursements and response. I work smart, and just as MSP’s rate us, shoppers should take warning to some as well. I was asked by a company to do something that was illegal. I am glad I did research!
Totally agree, for the following reasons:
1. There’s no central database for locating MSP information regarding slow pays, incorrect bonus amounts, unprofessional behavior, and so on. There’s information here, on a few Facebook pages, but nowhere consistent for a shopper to turn when they are trying to quickly make a decision on whether to take a shop.
2. It’s entirely possible for a 1-5 star rating system to be derived for rating MSPs.
For example, let’s take Rapidity of Pay:
Five stars: Payment within 5 business days
Four stars: Payment within 6-14 calendar days
Three stars: Payment between 15-45 calendar days
Two stars: Payment between 46-60 days
One star: 61+ days to pay
Zero stars: 90+ days for payment OR chasing payment required
The following could likewise be rated, objectively:
- Communication
- Ease of Assignment
- Amount of pay (average, below or above average)
- Ethics
- Availability of Routes for Route Shoppers
- Bonus Pay Available
- Spamming emails and phone calls
... and some others I can’t think of right now.
3. There’s too many bad MSPs out there. A bit of evolutionary pressure to reduce the “losers” is good for the industry. Let them lose accounts and then the better groups will pick them up.
Example: I personally know of a few folks who financed their MSP startups with credit cards. Zero working capital. No way to pay their ICs until client checks come through. Disastrous results.
Not everyone should be a business owner.
With some pushback from courageous shoppers, the bottom-tier MSPs will lose accounts and fold like the houses of cards that they are. Rewarding the top-tier, ethical MSPs will grow the industry in a positive direction, and benefit the ones who do the majority of the work: the shopper community.
Edited 1 time(s). Last edit at 01/23/2020 10:56PM by ColoKate63.
Inappropriate post removed. Name calling and personal insults are in violation of our guidelines.