In the 21st-century world of social media, it seems many of us are willing to share our most intimate experiences. That’s fine — it’s our choice — but when someone else holds your personal data, you are no longer in control of what happens to that data. Within Europe, it is reasonable to assume that […]
The staffing industry has deep roots in manufacturing, stretching back to the post-WWII period when the industry began to take shape. Today, manufacturing accounts for roughly 40% of staffing revenue in the US industrial staffing skill segment, or $12.2 billion in 2014 by our estimates, and thus remains a core industry vertical for industrial staffing. […]
What is the Staffing Industry? It seems like a simple enough question on the face of it, but the staffing industry is quite amorphous and constantly shifting, especially when we look at it on a global basis and take into account some of the new business models that have evolved in recent years.
Ten years ago, […]
Driven by margin pressure, divergent IT staffing models emerge
It’s high times for the IT staffing business. Literally so, when viewed in the context of the industry’s long-term growth, which shows the market ramping up to reach a new record scale for the fourth consecutive year in 2015, by our estimates. Enterprise demand remains historically robust […]
To get work done, organisations around the world increasingly use a wide variety of workers, including full- and part-time employees, apprentices, interns, online workers, franchises and, of course, contingent workers. Understanding this last category can help you decide how you want to compete in your marketplace.
Contingent work and workers are primarily distinguished by having an […]
CEOs of fastest-growing industrial staffing firms reveal their strategies
In today’s ultra-competitive staffing industry, staffing firms that want to flourish need successful strategies and tactics. With demands from clients ever increasing, price competition intense, and rapid changes in technology and legislation swirling, staffing firms cannot expect to succeed by simply hoping to have a lucky year […]
As of this writing, the H-1B filing season for fiscal year 2016 had just concluded, though if you blinked you might have missed it. That’s because, for the third consecutive year, the window was open for the minimum required span of just five business days. And if your firm did file H-1B petitions with US […]
Are you paying your internal staff the “right” amount? There is no easy answer to this multifaceted question. While every firm has its own approach, it can be valuable to consider how some of your peers are compensating their staff to see how you compare. Given that personnel costs were by far the top SG&A […]
Historical data indicate the next recession could strike soon
As anyone who worked in the staffing industry through the Great Recession is painfully aware, the industry gets crushed in recessions. It gets obliterated.From December 2007 to August 2009,temporary help employment contracted by 32%. The 2001 recession, despite being relatively mild and short-lived,also created real hardship in […]
Ben Franklin once famously quipped, “Nothing is sure but death and taxes.” While the topic of taxes and statutory expenses may not win you many friends at a cocktail party, the keen staffing executive knows that understanding one’s statutory expenses is critical for maintaining healthy margins. Due to a number of factors, including higher-than-average […]
