New technologies are providing alternative ways to overcome structural issues of résumés in the recruiting process. Workforce solutions, already gaining mindshare from investors prior to the pandemic, may have accelerated the trend.
Snippets from Staffing Industry Analysts research to focus on trends that shape and grow your business. Corporate members have access to the full reports online.
We include snippets from Staffing Industry Analysts research to focus on trends that help shape and grow your business. Corporate members have access to the full reports online.
Temporary workers generally prefer virtual interviews. In particular, 43% indicated a strong preference for them, while 25% strongly preferred in-person. Convenience, avoiding illness and feeling less anxious were among the arguments for virtual interviewing, while those who sought to interview in person cited stronger interpersonal connections and avoiding tech glitches for their predilection.
The growth trajectory of staffing platforms is resulting in the model representing a greater share of the global temporary staffing market. In 2022, temporary staffing platforms represented nearly 4% of the $582 billion global temporary staffing industry, an increase from a 3% share in 2021. Prior to 2020, temporary staffing platforms were essentially immaterial, representing […]
The use of texting/emailing technology to engage with candidates is widely adopted by the staffing industry, as 98% of all staffing firms planned to use such technology in 2022. Further, 60% of staffing firms anticipated increasing their usage in 2022. Enterprise buyers, meanwhile, are much less likely to be using texting/emailing technology, at 25%, though […]
Recruiting Challenge
Recruiting difficulty among respondents to SIA’s Pulse Survey decreased to a level of 3.49 in August from 3.72 in June; recruiting difficulty was particularly high for firms serving the manufacturing industry at 4.35. By staffing focus, the industrial and office/clerical segments were also relatively high at 4.04 and 4.00, respectively. Meanwhile, recruiting qualified talent […]
Of the global recruitment process outsourcing market’s estimated $7.4 billion in 2021 revenue, 31% came from Europe, the Middle East and Africa. A report by SIA found that European RPO revenue in Europe had grown 21% between 2020 and 2021. However, SIA forecast growth may slow this year despite a pipeline of interest and opportunity […]
Data is the core of businesses that provide services rather than create a tangible product. In the past, staffing companies included as part of their value the size of their databases of candidates and/or clients. Today, with the number of repositories of candidate information existing online — and the wide variety of tools for searching […]
Report explores trends over time in IT temp staffing
The median gross margin for US IT temporary staffing expanded 715 bps over 11 years, reaching 25.6% in 2021, according to SIA research. While results may be influenced by the composition of survey respondents, gross margin for the sector has typically ranged from 23% to 25% since […]
