Of the many business trends kicked off in 2020, one of the most prominent was the accelerated digitalization of business operations. Global lockdowns forced companies to adopt internet-based technologies to stay in business and spurred consumers to use online services more often to perform daily activities and stay entertained. Nearly every industry was impacted by […]
One of the most enduring legacies of the past year is the renewed focus on social issues, inequality and injustices, which the Covid-19 health crisis and the resulting economic downturn only served to exacerbate.
While countless organizations made public commitments to diversity and equitable treatment for all employees, the pandemic highlights glaring inequities that organizations are […]
2020 was certainly one for the ages, and unfortunately, the changing of the calendar to a new year did not magically end what has been an unrelenting pandemic. However, with the distribution of vaccines initiated, 2021 is heading in a positive direction. SIA’s Staffing Trends in 2021 report highlights the most important trends we believe […]
Direct sourcing is not a new market trend. There have always been employers with the confidence and brand profile to go it alone and leverage their own internal candidate pools of former employees, retirees and applicants via their own applicant tracking systems.
The demand for direct sourcing has been quite cyclical in nature — someone in […]
You’ve been talking to temporary workers for years and have a pretty good idea what they need to know, right?
That’s probably mostly true, but temporary workers we surveyed — nearly 5,000 of them — revealed that important information is often lost in the shuffle. Here are eight topics that temporary workers said most need to […]
The combination of low interest rates and historically high levels of cash on corporate balance sheets has helped whet the appetites for merger and acquisition activity on the part of both strategic (i.e., corporate) and financial (i.e., private equity) buyers. According to SIA’s “Trends in Staffing Mergers and Acquisitions” report, the total number of staffing […]
For years, SIA’s Pulse Report (based on our Pulse Survey) has offered a timely snapshot of staffing industry revenue, bill rate and order trends, recruiting/sales difficulty, and the future outlook for each staffing segment.
The Covid effect. When the Covid-19 pandemic first landed on US soil, its impact on staffing and business in general was uncertain. […]
Transformative developments lead to a consolidating IT staffing market
The Herfindahl-Hirschman Index, or HHI, is a widely accepted measure of market concentration. Its calculation is
simply the sum of the square market shares for each firm of a market, typically limited to the 50 largest companies. A market with an HHI of less than 1,500 is considered […]
Every business, irrespective of the industry, relies on technology to compete in today’s market, thereby raising the demand for tech talent. Being one of the fastest-growing IT occupations in the US, software developer employment is projected to grow by 21% from 2018 to 2028, according to the US Bureau of Labor Statistics.
This growth is even […]
All aspects of the staffing process are supported and influenced by technology, and recent developments such as cloud computing, artificial intelligence and blockchain are presenting staffing firms with an increasingly complex environment to understand. Not only is technology transforming existing products, it is creating a bewildering array of new products to consider.
