Nearly everyone in the United States has felt the effects of rising costs in recent months. From food to fuel, inflation has affected nearly every aspect of life. Economists believe there is an impending recession that will hit by 2024. Doubtless, this recession will affect employees and business owners from every walk of life. However,…
It is estimated that there are currently over 70 million freelancers in the United States. Of that group, roughly 36 percent freelance on a full-time basis. Of course, finding work as a freelancer is much different than working full-time for a single employer. You may take on work for several clients at the same time,…
The recruiting industry has long been primarily focused on matching workers to companies for temporary or full-time in-office employment. Generally speaking, the idea was that the company had a specific position that it needed filled, and recruiters did the heavy lifting of finding someone to fill it. Nowadays, however, recruiting isn’t so simple. The rise…
These days, it seems that businesses have more resources available than ever to hire freelancers. Platforms like Upwork and Fiverr claim to offer access to millions of freelancers that organizations can use for a wide range of projects. But one challenge remains consistent, even as companies become more comfortable with the idea of hiring contingent…
Becoming an independent contractor comes with its fair share of pros and cons. One of the biggest considerations is ensuring that you are able to negotiate favorable contracts for the work you perform for your clients. Without a fixed, full-time salary, independent contractors have greater freedom to negotiate how much they are paid — as…
In today’s competitive hiring environment, many businesses need a lot of help filling open positions. As a result, they often turn to staffing agencies to streamline this process and ensure that the right talent gets matched to the right position. Needless to say, this creates ample opportunity for those interested in forming their own staffing…
As of 2022, nearly 60 million American workers — or 36% of the total workforce — are independent contractors. From small business owners to freelancers, the self-employment industry is becoming the career of choice for many entrepreneurs. Having the ability to control your service and the way it’s practiced is an admirable quality; while there…
In today’s ever-evolving staffing market, establishing a balance of cash flow is a challenge for many firms, but nonetheless crucial. No matter how successful your agency is, there is bound to be an eventual gap between your cash flow and your sales. And if there’s anything the past couple of years has taught us, it’s…
Front-office operations: The face of the company, where the business interacts with customers and clients. Back-office operations: The part of the business that is not client-facing, dealing with things like administration and finances. Back-office operations make the front office operations possible. Front-office employees serve customers and clients and, in any physical (as opposed to fully…
Running a staffing firm can be a highly profitable business, but only when you know what to charge your clients. While there isn’t a template or set-in-stone guideline for pricing your staffing services, there are some primary elements all businesses should consider when determining their markup value. Markups pertain to the percentage staffing firms charge…
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