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In some areas of the country the jobless rate has dropped below 3 percent, which is effectively full employment. This can lead to an overheating of the economy, in which company growth is actually stymied because there aren’t enough employees to help companies realize their full potential.
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Big organizations mostly use essentially the same services from Microsoft Office to ATS databases. With so much homogeny, what separates successful companies from the rest? The people are the secret sauce. Even with proprietary software or patent-protected techniques, no company can truly thrive without one extremely important element: effective and creative teams.
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We ended up selecting a vendor-neutral and integrated Managed Service Program (MSP) and Vendor Management System (VMS), which we believed would help us drive out savings, reduce maverick spend, improve supplier management, shrink time to hire, speed up and give us more detailed information regarding our hiring and spend patterns as well as reduce risk. It proved to be a system that helped us do all of these things and more.
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