Recent trade tensions notwithstanding, Canada and the United States maintain a high level of economic interactivity due to shared cultural, political and economic practices, as well as the geographic proximity that comes with roughly 5,500 miles of shared border. As a result, those familiar with the US staffing industry may wonder how closely the Canadian […]
In January, SIA published its latest report on blockchain: “The Impact of Blockchain in Talent Acquisition.” Our first report on this topic, published in December 2017, identified seven blockchain initiatives in the freelancer and/or job board category, while this report covers 26 — and there may well be many more operating in pre-launch stealth mode.
This growth […]
A s the US economy powers along, aided by the Tax Cuts and Jobs Act passed at the start of the year, the environment continues to be broadly favorable for most skill segments of the staffing industry. This article examines the findings of SIA’s most recent biannual US Staffing Industry Forecast report for insights on […]
Planning for the future is a critical aspect of managing any organisation. The longterm success of a company is closely tied to how well the management can foresee its future and to develop appropriate strategies to deal with likely future scenarios. Additionally, with more staffing firms looking to expand internationally, market size estimates for major […]
No one would have believed at the dawn of this new century that the staffing industry was being scrutinized, keenly and closely, by intelligences far advanced; that as industry professionals busied themselves about various routine concerns, their company processes were being studied, perhaps almost as narrowly as a man with a microscope might examine the […]
The US finance and accounting temporary staffing market grew 2% in 2017 and is projected to grow another 4% in 2018, reaching a market size of $8.1 billion, according to Staffing Industry Analysts. Earlier this year, SIA released its first-ever growth assessment of the F&A temporary staffing market — available to our corporate members. This […]
In today’s data-driven era, staffing firms monitor their key performance indicators internally. But many staffing firms are unsure about where to focus their efforts or where they lack efficiency compared to others in the industry, despite the fact that using business intelligence and analytics is a major trend in the business world.
And the first thing […]
Demand for temporary IT staffing is on the rise as suppliers benefit from numerous secular trends. For example, not only is IT spending growth accelerating, but the faster pace of technological innovation is fueling business requirements for more shortterm projects involving more specialized skill sets.
On the other hand, the supply of available IT talent in […]
The largest operating expense for staffing companies is the remuneration paid to their staff, as is this case for most professional services firms. Total personnel expense for US staffing firms ranges from 52% to 56% of gross profit dollars, according to recent rounds of Staffing Industry Analysts’ SIBC benchmarking study. Avoiding systemic overpayment is thus […]
Staffing Industry Analysts measures many different facets of the workforce solutions ecosystem — from staffing firms to job boards to managed service providers and vendor management systems. It takes a huge collective effort to put these various estimates and forecasts together and, given differences in reporting formats, it’s only once the year comes to an […]
