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 […]
Believe it or not, it’s been more than seven years since the passage of the Patient Protection and Affordable Care Act, known as the ACA, and after a slow start, it’s been quite a ride for healthcare staffing. In 2015 and 2016, the healthcare staffing market grew by double digits as an influx of newly […]
Staffing Industry Analysts’ first UK Engineering Report — released earlier this year and available to European or global corporate members — underscores the importance of engineering to the workforce solutions ecosystem, employment and to the overall economy in the UK. SIA estimates the UK engineering staffing market accounts for just under a third of the […]
The Art of War, a fifth century Chinese military treatise attributed to military strategist Sun Tzu, has been quoted often in contemporary business. “If you know your enemy and know yourself, you need not fear the results of a hundred battles.” This quote resonates with the importance of benchmarking particularly well. Fast forward to 2017.
Today, […]
In today’s uncertain economic environment, executives want insight on how revenue growth trends and what the outlook is. The SIA’s Pulse survey, produced by the publisher of this magazine, provides both a snapshot of current industry conditions as well as leading indicators, such as trends in new orders, on a timely monthly basis.
Growth: Revenue & Employment
According to the Pulse survey, median revenue growth has […]
