It’s no secret that hiring and training employees is expensive. According to the National Association of Colleges and Employers (NACE), the average cost to make an entry-level hire ranges from $5,700 to $8,900. Training is just as pricey. In a report from Training magazine, companies spend an average of over $1,200 annually per employee. Costs [...]
Is a vendor managed system a good fit for your business? This is a question more organizations are asking as they struggle to find the best candidates to increase productivity. Even with almost 10 percent of the workforce still without adequate employment, it can be difficult to find qualified staffers who have the right skills [...]
What does the future look like for procurement in the U.S. for 2013? Experts think that this area of business will exceed previous goals as indicated by current strength. Technology and all the advances it has brought to supply chain management vendors have created a way to do more with less. As the nation rolls [...]
Staying on top of staffing can be a major challenge for the rapidly growing business or one that typically experiences high turnover rates. In many industries, it is critical to be able to have a steady supply of the best talent so that the business can continue to expand and innovate. If this is the [...]
If you’ve ever talked with a human resources or recruiting professional, you’ve probably noticed that they tend to use a lot of acronyms. This is because of the many complex laws, products, and concepts that human resources folks need to know about in their daily duties. Perhaps you’ve heard the acronyms of VMS, MSP or [...]
Over the past 15 years or so, more businesses have added vendor management systems (VMS) to help them manage contingent workforces more efficiently. How can you decide whether using a VMS is right for your company? Are they only for larger organizations? Look at it this way: The fundamental goal of any organization’s managers and [...]
There are some major advantages of implementing a managed service provider (MSP) solution in your organization. Just a few of these advantages include cutting staffing costs, providing a steady supply of quality candidates, and on-demand payroll and HR support. These factors can be invaluable when trying to grow a business. Once you have selected an [...]
It has been said that staffing management is only as good as its ability to save money on personnel. To do this, many organizations are turning to vendor management systems to handle the recruitment of large quantities of candidates. By harnessing technology, today’s human resource department is better equipped to handle the challenges of staffing [...]
There are some clear advantages of using a vendor management system (VMS) technology solution for larger organizations. In order to maintain control over a large, geographically dispersed workforce, a custom VMS product can help you to stay on top of the demands of running a business. If you are currently searching for a solution to [...]
