What Does Psl Mean in Hr

A PSL, also referred to as a Preferred Supplier Agreement (PSA), is simply lists of approved suppliers who have committed to an agreed rate and level of service. You would then advise your employees to either use these agencies exclusively or to consider them first for any new vacancies.

What is a PSL agreement?

PSL in recruitment stands for “Preferred supplier list” Companies use preferred supplier lists to choose which recruiters they want to work with (typically not based on a relationship and past results more just down to trying to drive Recruiters down on their rates and Pigeon hole everyone into the same bracket).

What is a PSL company?

If you’re a contractor working through an agency, chances are you’ve come across Preferred Supplier Lists (PSLs) in the past. In simple terms, a PSL is a pre-approved list of umbrella companies that an agency will work with.

Maya Lin-Takahashi

Maya Lin-Takahashi

Consumer Tech & Gadget Reviewer

Maya is a hardware enthusiast who tests and reviews smart home devices, smartphones, wearables, and audio gear. She focuses on practical consumer value and build quality.

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