“MSP pricing, yes, actually pricing is hardly relevant because again MSP is not a profitable model and we don’t think it will ever be a profitable model. The only reason to be there is — and that's also the only contracts we actually pursue — is if we can have a reasonable part of the spend, then we are interested in the MSP. MSP as such as a business model is a cost, not a big cost, but it is a cost and we keep on seeing as such and actually, some actually give it away for free,” Ben Noteboom, CEO of Randstad Holding NV, said in a conference call with analysts last week following Randstad’s announcement of fourth-quarter and full-year earnings.

Noteboom’s comment was in response to a question on MSP pricing from an analyst.