Top Covid-19 Information & Resources for US Staffing Companies
In this webinar, industry leaders from Randstad, Quess Corporation, Whitridge Associates, Softworld Inc, and CEIPAL take a deep-dive into the overall impact that COVID-19 has had on the staffing industry, and share helpful tips on how to navigate your business during these uncertain times.
Interested in learning more about CEIPAL and US jobs trends ? Schedule a personalized demo here: https://bit.ly/3fvwOgg
There are a lot of rumors that factoring is not an ideal payroll funding solution for healthcare staffing business owners and entrepreneurs. However, many of those rumors are a result of misinformation and poor staffing factoring research methods. This article will help debunk some of the more common factoring myths so that staffing business owners can make an educated decision when it comes time to finding the appropriate funding solution for their cash flow problems.
Preventing your brand messaging from getting lost in the chatter may be one of the most difficult challenges facing members of the staffing industry today. Your clients and candidates have no shortage of staffing firms to select from, most of which claim equal expertise or offer a comparable value proposition. To be noticed, let alone remembered, requires more than a routine message. Contemporary marketing is built to target people on the individual level. Your staffing marketing tool should have the analytic power and maneuverability to make that happen. Here’s how the right recruiting and staffing software can integrate into your competitive marketing strategy.
The staffing process involves finding the right aspirant/candidate and fitting him/her in the right job. An in-dept study of the clients’ job requirements is done by reviewing databases, networks to tracking down the prospects. Providing matches between client companies and job professionals fetches faster solutions to all staffing needs. Staffing firms help cut costs in a downturn economy.
Reviewing employee classifications, producing financial statements, balancing the general ledger, preventing fraud, and verifying time captures get overlooked by most staffing software companies. Rather than splitting your recruiting and accounting tasks between tools, here’s how a strong back office staffing software side can overcome accounting challenges.
The staffing industry is one of the fastest growing industries in the US. The US staffing industry is expected to grow at a rate of 6% in both 2013 and 2014, according to the “US Staffing Industry Forecast: April Update.” The positive role of staffing firms in finding and recruiting candidates has actively contributed to the continued growth of staffing agencies.
90% of businesses say that staffing companies create flexibility and opportunity to keep a full staff during peak busy seasons.
80% of staffing clients also say that staffing firms help them find the right candidates that can become full-time employees.
Since businesses acknowledge recruitment service is beneficial to their businesses’ success, the continued growth of this industry in 2014 is not a surprise; this is the fourth year of significant growth of this industry post recession.
IT staffing industry this year
Analysts have already predicted the growth of the staffing industry for the next year but this year has also been a year of tremendous growth for information technology staffing firms. Staffing companies witnessed a growth rate of 4.1%, which is 2.4% higher than in the same period in 2012. With the expansion in staffing company’s responsibilities, it is important to increase the number of recruiters as well. The American Staffing Association shows that there are 7.6% more staffing employees in October 2013 than there were in October 2012.
In addition to the staffing industry, the IT sector is also predicted to see a robust growth of about 7 percent. This is likely to increase the demand for IT professionals and create multiple job orders for IT staffing companies.
Certain factors contributed to the rise of employment firms and also encouraged their growth. The most important among them are:
Difficulty in finding IT workers: 60 percent of companies using staffing solutions agree that the primary reason for them to approach an employment firm is to find the right IT candidate for a vacant position. Although every year millions of technical students complete their graduation program from different American universities, it is difficult to find a candidate with the right IT skills and experience. Recruiting a candidate within a certain time frame is even more difficult.
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Retaining IT talent: Retaining IT professionals is another great challenge for companies today. Seven percent of businesses agree that they have problems in retaining their best talent. Although an employee’s compensation is an important factor in his tenure with a company, there are other factors as well that needs to be considered. For example, if an employee does not fit in with a company’s work culture or his colleagues it is difficult to retain him, regardless of salary.
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